This week, PP prices in Europe were largely stable across contract assessments, while spot assessments in the homopolymer segment and UK contract references registered modest gains. The overall market tone reflected limited volatility, with most grades holding previous levels and only isolated pockets recording upward adjustments during the assessment period.
An industry source in Europe, on condition of anonymity, informed a Polymerupdate team member, "The European polypropylene market showed a mixed trend, with some spot grades moving higher while others remained stable. The higher monthly propylene contract settlement price increased production costs, while reduced availability of competitively priced imports eased pressure on local offers. Demand remained slow during the holiday period, keeping the overall price increase limited. Buyers are expected to review their inventories as they return to the market, which could lead to some restocking ahead of September. For now, firmer feedstock costs and reduced import pressure are lending support to prices, although demand has yet to show a clear recovery."
In Europe, PP homopolymer grade prices on spot basis were assessed at Euro 1185-1195/mt FD NWE levels, edging higher, Euro (+10/mt) week on week. PP homopolymer grade prices on spot basis at Antwerp were assessed at Euro 1170-1200/mt FCA Antwerp levels, firming, Euro (+10/mt) week on week. In contrast, PP block copolymer grade prices on spot basis were assessed at Euro 1275-1285/mt FD NWE levels, rolled over from the previous week. Similarly, PP copolymer grade prices on spot basis at Antwerp were assessed at Euro 1260-1290/mt FCA Antwerp levels, maintaining previous levels over the week.
On the contract side, PP block copolymer grade prices were assessed at Euro 2030-2035/mt FD NWE France levels, unchanged from the previous week. PP block copolymer grade prices were assessed at Euro 2030-2035/mt FD NWE Germany levels, holding steady week on week. PP block copolymer grade prices were assessed at Euro 2020-2025/mt FD NWE Italy levels, remaining stable compared to the prior week. PP block copolymer grade prices in the United Kingdom were assessed at GBP 1740-1745/mt FD NWE UK levels, moving higher, GBP (+10/mt) week on week.
Within the injection segment, PP injection grade contract prices were assessed at Euro 1950-1955/mt FD NWE France levels, rolled over from the previous week. PP injection grade contract prices were assessed at Euro 1950-1955/mt FD NWE Germany levels, remaining unchanged week on week. PP injection grade contract prices were assessed at Euro 1940-1945/mt FD NWE Italy levels, holding flat from the prior assessment. PP injection grade contract prices in the United Kingdom were assessed at GBP 1670-1675/mt FD NWE UK levels, firming, GBP (+5/mt) week on week.
Propylene feedstock prices on a CIF NWE basis were assessed at Euro 905-915/mt levels, a fall of Euro (-5/mt) from the previous week. Meanwhile, propylene prices on an FD NWE basis were assessed at Euro 990-1000/mt levels, a gain of Euro (+10/mt) from last week.
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.
