Forecast for US PP to dip in Q2

In the short term, there is some price relief on polypropylene (PP), but it is only the calm before the storm when producers will again realize new record profit levels. There has been a lot of discussion about ethylene and polyethylene (PE) since the rise in shale oil production, but while all the PE excitement has been going on, PP supplies have grown tight affecting the ICIS PP short-term forecast and especially the long-term forecast.

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