Players in Turkey: Homo PP injection supply is limited

Availability for homo PP injection in Turkey has been limited recently as was confirmed by both buyers and sellers. “Prompt supply is tight for particularly MFI 25 grade, while other grades including MFI 12 is sufficient for the time being,” players concurred.

So far this week, the locally-held homo PP injection offers are standing at $1465-1475/ton ex-warehouse Turkey, cash inc VAT ($1241-1250/ton without VAT). Meanwhile, homo PP raffia and fibre ranges are reported at $1380-1420$/ton and $1410-1425/ton, respectively, with the same terms. “PP injection prices did not fall as much other homo PP grades during the latest downtrend that was in place since mid-March amid concerns about supply,” a distributor commented.