Top Story

This is polypropylene

Focus Hikes of up to €200/tonne sought for Europe April PP

LONDON (ICIS)--Polypropylene (PP) producers are looking for increases in April, and are talking big hikes – one by as much as €200/tonne, or around 16%, sources said on Monday.

“We will see record prices,” said a producer. “Absolutely everything is pointing towards price improvement.”

Prices still have some way to go before reaching a record high, which was around €1,400/tonne FD (free delivered) NWE (northwest Europe) on a net basis in March 2011. Net spot prices are around €1,250-1,300/tonne FD NWE at present, but sources expect them to increase in the coming days and weeks, as availability is tight.

more >>

INSIGHT

Pages 1 | 2 | 3 | 4 | 5 | 6... PreviousNext

Free trial to ICIS

Insight

INSIGHT: Economy, politics, friendship and security blended in oil
"Iran believes it can raise oil production by 1m bbl/day in the short term, and increase production even further." more

VIDEO: ICIS Special Report - US olefins and polymers
More...

Feedback

We welcome your feedback. Please feel free to send us your comments on any aspect of this site. Click here to make your comments.