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Europe PP users concerned about purchases from Asia

March 16/2012

(chemmonitor) -- Asia-based polypropylene (PP) sellers do not seem to actively trade with Europe users. This is due to constant fluctuations observed in the market for oil.

Europe values adopted an uptrend this year on the back of rising costs for raw materials as well as the consumption growth. They increased by approximately one third from the end-2011 level.

Asia prices also moved higher in the existing month, following a series of decreases a month ago.
Author:Anna Larionova
Category:General News
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