ExxonMobil seeks March price increases for PP in North America
by ChemOrbis Editorial Team - content@chemorbis.com
According to a price update report from the company, ExxonMobil announced price increases for its PP products for March. Market sources attribute the recent hike to the January propylene contract in the USA, which indicated increases from the previous month.
Exxon will seek an increase of $0.03/lb ($66/ton) for all grades of polypropylene sold in North America, effective as of March 1. The company added that this hike will be separate from the previously announced price changes.
The company has also recently sought hikes for its PE products, effective as of February 1, following the recent Arctic blast in the USA that affected olefin production.
Exxon will seek an increase of $0.03/lb ($66/ton) for all grades of polypropylene sold in North America, effective as of March 1. The company added that this hike will be separate from the previously announced price changes.
The company has also recently sought hikes for its PE products, effective as of February 1, following the recent Arctic blast in the USA that affected olefin production.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- March hints at further hikes in European PP, PE markets
- India’s PVC market dips to new lows on Taiwan’s March cuts, players seek signs of bottom
- Q1 turnarounds uplift Mid-East PP, PE markets in February; will it spill over to March?
- SE Asia’s indefinite PE shutdowns: A market in crisis as demand woes threaten survival
- Türkiye’s PPH markets perform better than copolymers in February
- Margin recovery priorities outweigh supply imbalances in European PVC markets
- Asian PVC demand stagnant; recovery hopes shift to end of Q1
- Tough slog in S Korea’s petchem industry spells disappointing 2024 financial results; will government's recent plan help weather the storm?
- China’s PP, PE markets face post-holiday supply surge and tepid demand
- A tug-of-war unfolds in Türkiye as PVC demand struggles against rising costs
