Monday, February 20, 2012

Polypropylene spot prices in Europe rise by 20% to 8 month highs

A more than 20% rise has been seen in Polypropylene (PP) net spot prices in Europe so far this year. Prices have spiked to an eight-month high, as producers close February order books and only offer nnew volumes at higher prices amid expectations of another increase for March propylene, as per ICIS.

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