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MOSCOW (MRC) -- The September contract
price of propylene was agreed in Europe at the previous month"s level. Thus,
most European producers rolled over their export PP prices for September
shipments to the CIS countries, according to ICIS-MRC Price
report.
Negotiations over September prices of European PP begun in
the middle of this week. All market participants said European producers agreed
to maintain their export prices of propylene polymers at the August level for
this month"s shipments on the back of stability of propylene prices in the
region.
Deals for September deliveries of homopolymers of propylene
(homopolymer PP) were negotiated in the range of EUR880-940/tonne FCA. Deals for
block copolymers of propylene (PP block copolymer) were discussed in the range
of EUR960-1,020/tonne FCA.
Some European producers still had restrictions
on export shipments, but they were not critical for most buyers. |
