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October prices for European PP up EUR30-40/tonne for CIS countries

October 09/2017

MOSCOW (Market Report) -- The October contract price of propylene was agreed in Europe up by EUR30/tonne from September. However, some European producers announced a greater increase in October export prices of polypropylene (PP) for the CIS markets, than the rise of monomer prices, according to ICIS-MRC Price Report.

Negotiations over October prices of European PP began this week, many market participants said some European producers increased their export PP prices more significantly than the rise in monomer prices in the region. Some European producers have restrictions for October shipments, but they are not critical for most buyers.

Deals for October shipments of homopolymer PP were discussed in the range of EUR1,070-1,130/tonne FCA, up by an average of EUR30-40/tonne from September.

Deals for block copolymers of propylene (PP block copolymers) were negotiated in the range of EUR1,170-1,240/tonne FCA. Negotiations over October shipments of statistical propylene copolymers (PP random copolymers) were held in the range of EUR1,230-1,290/tonne FCA.
Author:Margaret Volkova
Tags:Europe, SNG, PP, PP block copolymer, homopolymer PP, PP random copolymer, propylene, sopolimeri propilena.
Category:General News
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