London +4420 814 42225
Moscow +7495 543 9194
Kiev +38044 599 2950
info@mrcplast.com

Our Clients

Order Informer

 
Home > News >
 

Europe PP hits new record high

January 17/2011

(ICIS) -- Polypropylene (PP) prices in Europe have reached a new record high as producers push levels up following a hefty increase in propylene prices in a market free from the competition of imports, market sources said on Monday.


Net homopolymer injection PP prices were trading at ?1,280-1,310/tonne FD (free delivered) NWE (northwest Europe) in January but several buyers said that they were being cautious this month, despite warnings of yet more hikes in February.


Producers took a different stance when settling January business, with some settling for slightly less than the ?110/tonne ($147/tonne) increase in the propylene monomer contract price, which settled at ?1,070/tonne FD NWE.


mrcplast.com

 

Tags:No
Category:General News
|
| More

Leave a comment

MRC help

 


 All News   News subscribe