Here are the PP Raffia raw material prices for the week of August 19, 2026.
| Grade | Price |
|---|---|
| Raffia Grade | 1270.00 USD/MT |
| Brent Crude | 91.00 USD/bbl |
View the full PP Raffia price chart and historical data →
Platts assessed PP raffia grade for the Indian sub-continent at 1270 USD/MT, up 20 USD/MT on the week (+1.60%). That is the first gain after three weeks flat at 1250. The grade now sits about 13% below April's 1460 peak and 180 USD/MT above the 1090 low of early July.
The move follows crude. Brent firmed 2.25% to 91.00 USD/bbl and has recovered its entire early-August dip, climbing from the 79.36 low of 05 August back to the level it last held in late July. Two weeks of rising feedstock have begun to pull resin off its plateau on the usual lag.
For the first time since June all the cost lines are moving up together. Resin and freight have both turned higher, and crude is back at its July high, which removes the two-way balance of the past few weeks and puts mild upward pressure back on offers.
The read ahead rests on crude. Raffia at 1270 is roughly where the relationship puts it for Brent at 91, so the immediate catch-up is largely done. If crude holds here, resin should steady near current levels. A break above the late-July high would open a further leg up on the usual delay. Crude did fade from this same level a month ago, so the move is not one-way, but with freight also firm the near-term balance leans gently higher.