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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. |
