Thursday, June 09, 2011

Mexico’s PP producer reduces June offers on lower imports and feedstock costs

Aggressively priced PP from Asia to Latin America is compelling Latin producers to mull prices cuts. Mexican polypropylene producer Indelpro has reduced June offer prices for the domestic Mexican markket by US$154/mt, on impending lower propylene prices, weak demand in May and competitive offers from Asia, as per Platts.

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