It looks as if the price upswing for PP has bottomed out. With the propylene rollover, European prices for the polymer in August for the most part were flat at the July level.
In the first part of the month, converters were able to parry producers’ attempts to raise prices and in view of the soft demand could even negotiate minor rebates.
However, in...
The downhill slide in PP prices seen in recent months continued in July, with the same factors in play. Declining propylene costs – this time by €50 ($55) a tonne – and weak demand added further downward pressure on the market, though developments were not identical to those seen previously.
Prices for homopolymer and copolymer grades moved in different directions due to the varied supply...
March began on an unspectacular note, with supply and demand balanced. European plants were still operating on a low flame, but output was sufficient...