Negotiations regarding the August price level European PP began in the current Tuesday. Many market participants have concluded that in most cases, local manufacturers have gone at a slightly greater reduction in export prices than the price reduction of the monomer.

The week of the transaction relative to the September supply of propylene homopolymer (PP-Homo) were discussed in the range of EUR1 100-1 160 per tonne, FCA, whereas the month before the deal was agreed in the range of EUR1 150-1 280 per tonne, FCA. As reported by individual companies, offer PP Homo raffia grade by most producers is limited. Manufacturer from Romania Rompetrol this week has not raised its prices, the company closes debts on the August contracts. Prices for shipments in September will be announced next week.

Transactions in respect of the supply block copolymers of propylene (PP-block) were discussed in the range of EUR1 180 – 1 240 per tonne, FCA, on average EUR100-120 per ton below the August level. Negotiations regarding the September shipments stat-propylene copolymers (PP-random) was carried out in the range of EUR1 220-1 280 per tonne, FCA