Wednesday, August 29, 2007

Polypropylene Market Update in North America, August 27, 2007

Spot Polypropylene prices waffled this past week, much as they have during most of August. The spot market however, did make a quick $.01/lb gain around the beginning of the month in response to an early $.015/lb higher Propylene monomer settlement for August contracts. The market tried to gain momentum a couple of times, but has really gone nowhere. Given the last year's correlation, it is not too far of a stretch to predict Polypropylene contracts to settle on average $.015-.02/lb higher in August.

For more details please click on the following link
http://plastemart.com/plasticnews_desc.asp?news_id=10755&P=P

Related Posts by Categories



Read daily plastics industry news at Plastemart.com

0 comments: