European polypropylene traded in some cases even at around EUR900 per tonne FD NWE (North-East Europe). However, there were transactions at a higher price level – EUR1 000 per tonne – some brands of propylene homopolymer (PP-homo).

Demand was low in May, early June, he also rose slightly, but this week some retailers complained that consumers are in no hurry to buy.

“The market does not accept any price”, – said one of the sellers.

It was noted earlier that the demand for PP in May declined, but prices last month rose at least EUR15 per ton, and some buyers have taken and increase EUR30 per tonne, as the supply of some of the brand has been very limited.

According to the price review ICIS-MRC, in Russia, buying activity in the first week of June has traditionally been high, local companies have agreed to the transaction with respect to the June polypropylene supplies. At the same time, a lot of companies are not yet in a hurry to conclude the transaction. Last week was finalized PP contract prices of Russian producers. Some manufacturers raised prices for PP 500-1 000 rubles. per ton.

MRC