PP demand has been quite low in Italy despite price hikes of €70-100/ton as per Chemorbis. Deals have been concluded for limited volumes as buyers continue to buy at hand to mouth levels. Converters hhave mostly resisted offers above €1100/ton for homo PP as they could find relatively lower offers in the range of €1030-1080/ton FD North Italy, 60/90 days deferred payment.
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Monday, February 22, 2010
Further PP price hikes speculated in March in Italy
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