Wednesday, July 14, 2010

After rising 30%, Polypropylene prices in Europe pause for the first time in 2010

After rising by over 30% in the year, polypropylene (PP) prices in Europe have paused for the first time in 2010 as per ICIS, as average increase in July is pegged at no more than €5/ton (US$6/ton). IIn South Europe, PP prices have dipped by around €20/ton in the past week amid buoyant food packaging, health and hygiene sectors.

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