One of the harsh matters was a price slip that could not awake buying sentiments in the market. Price decline of propylene during the first half of the last fortnight hurt badly to Polypropylene market. With this many big players like Formosa and RIL shut their PP production facilities but there was not effect on the availability in the short term even though the price did not stabilize for short term. In European market PP imported from the Asian region remained quite competitive.