08 July 2011 05:05 [Source: ICIS news]
Benchmark injection and yarn grades of PP were sold at $1,450-1,510/tonne (€1,015-1,057/tonne) CFR (cost & freight)
The prices are $20-30/tonne or 1.4-2.0% higher from last week, according to ICIS.
Domestic PP supply is expected to tighten in July and August because several local plants have been scheduled to be shut for maintenance, the distributors said.
The prices of injection and yarn grades of PP were assessed at $1,430-1,480/tonne CFR China for the week ended 1 July, ICIS data showed.
($1 = €0.70)
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