This week, PP prices rose sharply in Europe.
An industry source in Europe told a Polymerupdate team member, “European PP prices moved higher as limited spot availability lifted both contract and spot levels beyond the propylene increase. Buyers reported reduced allocations unless higher prices were accepted. Imports from Egypt and the U.S. were discussed, but restricted availability capped inflows. Ongoing Middle East tensions, including shipping disruptions in the Strait of Hormuz that have led to rising logistics costs, continued to support firm market sentiment.”
In the spot markets, PP injection molding grade prices were assessed at Euro 2095-2105/mt FD North West Europe levels, a spike of Euro (+100/mt) from the previous week. PP block copolymer grade prices were assessed at Euro 2225-2235/mt FD Northwest Europe levels, a surge of Euro (+130/mt) from last week.
In the contract markets, PP injection moulding grade prices were assessed at Euro 2200-2205/mt FD NWE Germany and FD NWE France levels, both steeply higher by Euro (+350/mt) from last week. PP injection molding grade prices were assessed at Euro 2190-2195/mt FD NWE Italy levels, steeply increased by Euro (+350/mt) from the previous week. Meanwhile, PP injection moulding grade prices were assessed at GBP 1910-1915/mt FD NWE UK levels, week-on-week sharply higher by GBP (+300/mt).
PP block copolymer grade prices were assessed at Euro 2300-2305/mt FD NWE Germany and FD NWE France levels, both surged Euro (+350/mt) from the previous week. PP block copolymer grade prices were assessed at Euro 2290-2295/mt FD NWE Italy levels, a steep week-on-week rise of Euro (+350/mt). Meanwhile, PP block copolymer grade prices were assessed at GBP 2000-2005/mt FD NWE UK levels, a spike of GBP (+305/mt) from last week.
In Antwerp, PP homopolymer prices were assessed at Euro 2080-2110/mt FCA levels, a sharp rise of Euro (+100/mt) from the previous week, while PP copolymer prices were assessed at Euro 2210-2240/mt FCA levels, a spike of Euro (+130/mt) from last week.
Propylene feedstock spot prices were assessed at Euro 2020-2030/mt FD Northwest Europe levels, a surge of Euro (+115/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.
