By Linda Naylor
LONDON (ICIS)--European polyethylene (PE) and polypropylene (PP) prices are moving up in line with, and sometimes beyond, the €30/tonne ($41/tonne) increase in the December ethylene and propylene contracts, sources said on Friday.
Demand for most PE and PP grades has not been particularly strong in December, but production cutbacks and better-than-expected volumes in some cases as buyers ensure they reach end-year volumes for an additional discount, have supported pricing.more >>
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