Korean PP copolymer offers competitive edge in Italy
by ChemOrbis Editorial Team - content@chemorbis.com
In Italy, players have been receiving competitive import PP copolymer offers for South Korean origin compared with the levels in the local market.
Import Korean PPBC inj. offers for prompt delivery are reported at €1220/ton on DDP, cash basis while local offers are currently standing at €1270-1350/ton on FD Italy, 60 days.
Last week, import PPBC inj. offers from South Korea were at €1120-1250/ton DDP for delivery at the end of May.
A manufacturer said that they have purchased limited volumes this month, smaller than their regular quotas, as PP demand is not vivid. “We purchased some Korean and Indian materials at prices which are around €40-50/ton lower than the prices we received from our regular West European supplier,” added the converter.
Import Korean PPBC inj. offers for prompt delivery are reported at €1220/ton on DDP, cash basis while local offers are currently standing at €1270-1350/ton on FD Italy, 60 days.
Last week, import PPBC inj. offers from South Korea were at €1120-1250/ton DDP for delivery at the end of May.
A manufacturer said that they have purchased limited volumes this month, smaller than their regular quotas, as PP demand is not vivid. “We purchased some Korean and Indian materials at prices which are around €40-50/ton lower than the prices we received from our regular West European supplier,” added the converter.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- China, SE Asia PE outlook for 2025: Oversupply dilemma deepens with new capacity surge
- Freight rates outlook for 2025: Another rocky year ahead after 2024 turmoil
- Türkiye PP, PE outlook for 2025: Q1 set for a firm footing, eyes on derivatives for a whole year
- Europe PVC outlook for 2025: Supply imbalance threatens price recovery targets
- India PP, PE outlook for 2025: Players eye brighter Q1 despite current bearishness
- Different pricing policies emerge in Europe’s PS, ABS markets in Dec
- Bearishness persists across China, SEA import PE markets as year-end nears
- PLAST EURASIA 2024: Shrinking margins emerge as a key topic among polymer players
- Lower parity, rising freight rates repel European polymer buyers from imports
- Asia’s PVC markets in further disarray as India puts off ADD hearing
