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September PP prices in Europe roll over from August for CIS markets

September 04/2020

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.
Author:Margaret Volkova
Tags:Europe, PP, PP block copolymer, homopolymer PP, propylene, sopolimeri propilena, Belarus, Russia, Ukraine.
Category:General News
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