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Europe PP players watch out for propylene

Focus Europe PP spot prices steady as players wait for new monomer CP

Focus article by Linda Naylor

LONDON (ICIS)--Polypropylene (PP) spot prices are steady, following some erosion in early August, and players in Europe are waiting to see where the new propylene contract for September settles to give direction to September PP pricing, sources said on Friday.

“Prices are holding to a level of €1,290-1,300/tonne,” said one trader, referring to homopolymer sales on a net basis.

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