08 May 2008 23:33 [Source: ICIS news]
HOUSTON (ICIS news)--Mexico’s polypropylene (PP) producer Indelpro increased May prices for all grades by 3.5 cents/lb to restore margins in view of relentless increases in crude oil and basic chemical feedstocks, a company source said on Thursday.
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The price increases were supported by rising values of feedstock propylene in benchmark
The initial settlements put PGP contracts at 69.00 cents/lb and CGP prices at 67.50 cents/lb, both at record highs, according to global chemical market intelligence service ICIS pricing.
Polypropylene prices at
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