PP prices in the European CIS market rose sharply in December

The settlement price of acrylic contracts in Europe in December was 15 euros per ton lower than the previous month.
, however, according to the ICIS-MRC price report, all European producers have reported higher prices for PP exports to the CIS market in December than for monosomes.
negotiations on the European PP price in December began earlier this month.
market participants said European producers had raised export prices for propylene polymers, in part by 90 euros a tonne.
also had some modest price increases, up 20 euros a tonne.
December, the PP average was trading at 940-980 EUR/tonne FCA, compared with EUR 850-960/tonne FCA in the same period last month.
PP segment copolymers traded at 970-1030 EUR/tonne FCA, compared with EUR 920-990/tonne FCA in the same period last month.
producers signed almost all contracts in December in the first week of the month because of strong demand in domestic and export markets.
some producers have also made significant restrictions on PP shipments to the CIS market.
0, 10, 1 (Print) (Close)