This week, PP spot prices in Europe rose sharply, driven by tightening supply and firm upstream costs across key markets.
An industry source in Europe told a Polymerupdate team member, “European PP spot prices moved higher as tightening supply and elevated feedstock costs continued to support the market. Reduced inflows from West Asia, combined with container shortages in the Middle East and the diversion of naphtha cargoes to Asia, constrained regional availability. Upstream pressure intensified further with the April propylene contract settling at a sharply higher level, pushing production costs up and enabling producers to maintain firm offer levels. Limited import options and restricted domestic supply left converters with reduced allocations, leading to selective buying at elevated prices, while overall demand remained cautious amid the higher-cost environment.”
In the spot markets, PP injection molding grade prices were assessed at Euro 1695-1705/mt FD North West Europe levels, a spike of Euro (+110/mt) from the previous week. PP block copolymer grade prices were assessed at Euro 1825-1835/mt FD Northwest Europe levels, sharply higher by Euro (+110/mt) from last week.
In the contract markets, PP injection moulding grade prices were assessed at Euro 1710-1715/mt FD NWE Germany and FD NWE France levels, both steady from the last week. PP injection molding grade prices were assessed at Euro 1700-1705/mt FD NWE Italy levels, stable from the previous week. Meanwhile, PP injection moulding grade prices were assessed at GBP 1490-1495/mt FD NWE UK levels, a rise of GBP (+10/mt) from week on week.
PP block copolymer grade prices were assessed at Euro 1810-1815/mt FD NWE Germany and FD NWE France levels, both unchanged from the previous week. PP block copolymer grade prices were assessed at Euro 1800-1805/mt FD NWE Italy levels, unchanged week-on-week. Meanwhile, PP block copolymer grade prices were assessed at GBP 1575-1580/mt FD NWE UK levels, up GBP (+10/mt) from last week.
In Antwerp, PP homopolymer prices were assessed at Euro 1680-1710/mt FCA levels, sharply higher by Euro (+110/mt) from the previous week, while PP copolymer prices were assessed at Euro 1810-1840/mt FCA levels, a surge of Euro (+110/mt) from last week.
Propylene feedstock spot prices were assessed at Euro 1410-1420/mt FD Northwest Europe levels, an increase of Euro (+30/mt) from last week.
European propylene contract price for April 2026 settled at Euro 1465/MT FD Northwest Europe levels. This price represents a sharp hike of Euro (+465/mt) from its March 2026 settlement levels.
