01 August 2011 12:22 [Source: ICIS news]
A propylene pipeline at
Offers for the benchmark injection and yarn grades PP imported from the Middle East were at $1,580-1,620/tonne (€1,090-1,118/tonne) CFR (cost and freight)
The higher offers have deterred buying interest but most distributors are not keen to give discounts amid the current positive market sentiment, they said.
Buying ideas for August shipment were mostly in the mid-$1,500s/tonne CFR China, they added.
($1= CNY6.44 / $1 = €0.69)
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