Europe PP December CIS export prices rise but to a lesser extent than propylene

Sergey Karaichentsev

08-Dec-2017

MOSCOW (MRC)–European polypropylene (PP) producers have increased December prices for export of material into the CIS countries by a lesser level than that of the monthly propylene contract, according to the ICIS-MRC Price Report.

Negotiations on December prices of European PP began at the end of last week, with many European producers raising their export PP prices by €30/tonne. The European December propylene contract settled up by €32/tonne at €892/tonne.

But in the negotiation process, some PP producers agreed to limit the growth of prices by the value of €20/tonne.

Negotiations for December shipments of homopolymer propylene (homopolymer PP)  were done in the range of €1,010-1,100/tonne FCA (free carrier), whereas last month’s deals were done in the range of €990-1,080/tonne FCA.

Deals for block copolymers of propylene (PP block copolymers) were agreed in the range of €1,160-1,230/tonne FCA, down on average by €20/tonne from  November.

Negotiations over December shipments of statistical propylene copolymers (PP random copolymers) were held in the range of €1,210-1,270/tonne FCA.

MRC, a partner of ICIS, produces polymers news and pricing reports from Russia, Ukraine, Belarus, Uzbekistan and Kazakhstan.

READ MORE

Global News + ICIS Chemical Business (ICB)

See the full picture, with unlimited access to ICIS chemicals news across all markets and regions, plus ICB, the industry-leading magazine for the chemicals industry.

Contact us

Now, more than ever, dynamic insights are key to navigating complex, volatile commodity markets. Access to expert insights on the latest industry developments and tracking market changes are vital in making sustainable business decisions.

Want to learn about how we can work together to bring you actionable insight and support your business decisions?

Need Help?

Need Help?