Spot polypropylene (PP) prices have tumbled by around US$140/ton (8%) for July cargoes in the Middle East from June. This fresh price drop was triggered by producers in the Gulf Cooperation Council (GGCC) region who slashed offers after the recent price fall in the China market, as per ICIS.
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Thursday, June 30, 2011
Spot PP prices for July in the Middle East drop by US$140/ton month on month
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