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European CIS market PP prices rose in November

 Last Update: 2023-01-17
 Source: Internet
 Author: User

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polypropylene homopolymer

1 2 ghz

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According to the ICIS-MRC price report, PP prices in the CIS countries rose in November, driven by higher propylene prices in Europe
.

Negotiations on European PP export prices for November ended last week
.
Almost all European producers still have export restrictions on propylene copolymers, according to many market players
.
The supply of propylene homopolymer (homopolymer PP) is less problematic
.

The increase in the cost of propylene has led to higher export prices for PP for November shipments, which in some cases have not been proportional to the increase in monomer prices
.

Homopolymer PP was traded at €1,675-1,780/t FCA in November, compared with €1,600-1,680/t FCA in the previous month
.

Deal negotiations for propylene block copolymers (PP block copolymers) ranged from €1,950-2,000/t FCA, an increase of €100/t from the previous month
.

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