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The European December propylene contract settlement price fell by EUR 15/ton from the previous month.
European PP
Negotiations on the European PP price in December began at the beginning of this month.
In December, the transaction price of PP homopolymer was 940-980 Euro/ton FCA, compared with 850-960 Euro/ton FCA in the same period last month.
Due to the strong demand in the domestic and export markets, many manufacturers signed almost all contracts for December in the first week of this month.
(Keyword: European PP)