This week on the Ukrainian polypropylene market is marked low activity of the consumer. The volume of supply of PP significantly exceed existing spros.Takaya situation is due to the fact that traders who formed a large inventory of PP, waiting for the seasonally strong demand. However, these forecasts have not come true. Due to the low solvency of the population processors do not have a sufficient number of orders for manufacturing of products from PP. Some consumers polymers to temporarily stop the power for the production of products made of PP. Traders offer significant discounts in transactions for the supply of the minimum PP parties to implement the stocks. PP cost of the free market decreased.
to establish a balance in the European market of propylene at the beginning of October. The volume of deals has increased significantly. And there is reason to believe that there will soon be a surplus in the region of propylene. The important role played by the numerous closing for repairs consuming enterprises in the region. In early October, the contract price of the olefin in the North-Western European countries has been set at around 725 euros per tonne of the FD, it is 35 euros higher than the figure recorded in the previous month. The reasons for increased cost of the product were as follows: increase in raw material costs and insufficient supply volumes of propylene in September