This week, PP prices in Europe showed mixed trends, with spot prices increasing while contract prices declined.
An industry source in Europe, on condition of anonymity, informed a Polymerupdate team member, "The polypropylene spot market moved higher during the week, supported by firmer propylene costs that increased production expenses and prompted suppliers to lift spot offers. Tighter availability in some regions and efforts to protect margins amid rising feedstock costs also contributed to the stronger pricing stance. However, buying activity remained cautious, with converters largely purchasing only for immediate requirements due to seasonal demand weakness and comfortable inventory levels. Meanwhile, the contract market softened as sluggish downstream demand, competitive supply conditions, and ongoing contractual price adjustments outweighed feedstock cost support. Market participants continued to monitor propylene price movements, plant operating rates, import availability, and demand recovery signals. Overall, higher propylene costs supported the spot market, while weak consumption continued to pressure the contract segment.”
In Europe, PP homopolymer grade prices in the spot segment were assessed at Euro 1115-1125/mt FD NWE levels, moving higher, Euro (+20/mt) week on week. PP block copolymer grade prices in the spot segment were assessed at Euro 1215-1225/mt FD NWE levels, firming, Euro (+20/mt) week on week.
On the FCA Antwerp basis, PP homopolymer grade prices in the spot segment were assessed at Euro 1100-1130/mt levels, gaining, Euro (+20/mt) week on week. PP copolymer grade prices in the spot segment were assessed at Euro 1200-1230/mt FCA Antwerp levels, edging higher, Euro (+20/mt) compared to the prior week.
In the contract segment, PP injection grade prices in France were assessed at Euro 1950-1955/mt FD NWE France levels, easing, Euro (-50/mt) week on week. PP injection grade prices in Germany were assessed at Euro 1950-1955/mt FD NWE Germany levels, softening, Euro (-50/mt) week on week. PP injection grade prices in Italy were assessed at Euro 1940-1945/mt FD NWE Italy levels, declining, Euro (-50/mt) from the previous week. PP injection grade prices in the UK were assessed at GBP 1665-1670/mt FD NWE UK levels, moving lower, GBP (-30/mt) week on week.
On the block copolymer contract front, PP block copolymer grade prices in France were assessed at Euro 2030-2035/mt FD NWE France levels, slipping, Euro (-50/mt) week on week. PP block copolymer grade prices in Germany were assessed at Euro 2030-2035/mt FD NWE Germany levels, edging lower, Euro (-50/mt) compared to the previous week. PP block copolymer grade prices in Italy were assessed at Euro 2020-2025/mt FD NWE Italy levels, softening, Euro (-50/mt) from the prior week. PP block copolymer grade prices in the UK were assessed at GBP 1730-1735/mt FD NWE UK levels, declining, GBP (-35/mt) week on week.
Propylene prices on a CIF NWE basis were assessed at Euro 960-970/mt levels, an increase of Euro (+25/mt) from the previous week. Propylene prices on an FD NWE basis were assessed at Euro 940-950/mt FD Northwest Europe levels, a week-on-week higher by Euro (+30/mt).
This news synopsis and insights are generated using Polymerupdate’s advanced Artificial Intelligence (AI) systems, leveraging proprietary data, pricing benchmarks, and domain expertise. The content is intended for informational purposes only and does not represent the official views of Polymerupdate. Users are advised to conduct their own independent research before making any commercial or business decisions.
