Friday, March 25, 2011

Polypropylene sellers in Europe pass on propylene increase in March

Following a round of noticeable increases on February PP deals, European sellers returned with additional hikes on their March prices to Italy and Turkey, as per Chemorbis. Though demand has not been great over the month, March price hikes have met with acceptance, with increases of €70-90/ton passing on spot deals and gentlemen’s agreements in Italy.

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