The Polypropylene market was mostly steady to perhaps $.005/lb lower this week. While the spot market had been trading about $.02/lb higher during July, it eased a tad after July resin contacts settled just $.01/lb higher. Producers had nominated a $.03-.04/lb price increase, but Propylene monomer contracts only settled $.0075/lb higher and since monomer and resin contracts have basically moved lock-step during 2007, the indices only gave resin producers a penny increase for July.
For more details please click on the following link
http://plastemart.com/plasticnews_desc.asp?news_id=10620&P=P
Saturday, August 04, 2007
Polypropylene Market Update in North America, July 30, 2007
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