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European PP prices for supplies to CIS countries remained steady in August

August 08/2018

MOSCOW (MRC) - August contract price of propylene in Europe was agreed up by EUR8/tonne from the level in July.
However, most European producers announced the roll over of July export PP prices for supply to the CIS markets in August, according to ICIS-MRC Price Report.

Negotiations on August prices of European PP began last week. All market participants reported the rollover of July export prices for propylene polymers from all producers for August supplies.

Deals for August supplies of homopolymer PP were discussed in the range of EUR1,170-1,230/tonne FCA, which corresponds to the July deals.

Deals for copolymers of propylene (PP block copolymers) were done in the range of EUR1,240 -1,300/tonne FCA.
Some companies reported temporary export restrictions due to scheduled shutdowns of capacities.
Author:Anna Larionova
Tags:Europe, SNG, PP, PP block copolymer, homopolymer PP, PP random copolymer.
Category:General News
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