Polypropylene (PP) Prices, News and Analysis

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- October hikes prove short-lived in Europe’s PP market
  
  In Europe, initial PP offers emerged with slight increases in line with the €10/ton higher propylene settlement. Yet, players reported that rollovers started to pass on deals particularly in Italy while some hikes were sporadically achieved in Northwest Europe...
  
  Firming PE trend stumbles, medium-term expectations stifled in Turkey
  
  October started on a firm footing for PE as sellers approached Turkey with price hikes. This was deemed a reflection of Aramco-driven cutbacks in H2 September. Nonetheless, buyers have recently pushed back since the previous revival in activity faded with latest deals representing rollovers or smaller hikes than initially sought...
  
  PET prices fail to rebound from near 3-year low in Asia, Europe
  
  PET prices both in Asia and Europe have witnessed a renewed weakness recently. The low season seems to have outpaced the hike attempts of sellers to pull the market up from near 3-year lows...
  
  African PP, PE markets start Q4 in limbo amid varying pricing policies
  
  In Africa, buyers and sellers struggled to find a common ground in pricing for October. New offers ranged in a variety of different policies, from rollovers to increases or decreases, depending on the suppliers’ inventories and the state of demand...
  
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October hikes prove short-lived in Europe’s PP market

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In Europe, initial PP offers emerged with slight increases in line with the €10/ton higher propylene settlement. Yet, players reported that rollovers started to pass on deals particularly in Italy while some hikes were sporadically achieved in Northwest Europe...

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