Monday, June 28, 2010

Declining US polypropylene contract prices expected to continue falling next month

US Polypropylene (PP) contract prices, that have fallen by 8 cents/lb (US$176/ton) in the previous month, are likely to drop a few cents in July, as per ICIS. Large-volume PP buyers saw drops identicaal to PGP contract prices that fell by 12 cents/lb in May and 8 cents/lb in June.

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