This week, PP prices in Europe reflected a mixed trend, with spot assessments largely holding steady while contract assessments across France, Germany, Italy, and the UK moved higher.
An industry source in Europe, on condition of anonymity, informed a Polymerupdate team member, "The European PP market showed mixed movement during the week. Contract prices increased as tighter supply and firmer supplier offers supported the market. Spot prices remained stable, as demand was still moderate and buyers continued to purchase mainly for immediate needs. Market activity remained cautious even after the summer holidays, with buyers waiting for clearer market direction before making larger purchases. Overall, limited supply supported contract prices, while sufficient spot availability and subdued buying interest kept spot values unchanged."
On an FD NWE basis, PP homopolymer grade prices were assessed at Euro 1185-1195/mt levels, maintaining previous levels over the week, while PP block copolymer grade prices were assessed at Euro 1275-1285/mt levels, unchanged week on week.
In France, PP injection grade prices were assessed at Euro 1970-1975/mt FD NWE France levels, moving higher by Euro (+20/mt) compared to the prior week. PP block copolymer grade prices were assessed at Euro 2050-2055/mt levels, rising by Euro (+20/mt) week on week.
In Germany, PP injection grade prices were assessed at Euro 1970-1975/mt FD NWE Germany levels, edging higher by Euro (+20/mt) from the previous week. PP block copolymer grade prices were assessed at Euro 2050-2055/mt levels, gaining by Euro (+20/mt) week on week.
In Italy, PP injection grade prices were assessed at Euro 1960-1965/mt FD NWE Italy levels, increasing by Euro (+20/mt) compared to the previous week. PP block copolymer grade prices were assessed at Euro 2040-2045/mt levels, firming by Euro (+20/mt) week on week.
In the UK, PP injection grade prices were assessed at GBP 1690-1695/mt FD NWE UK levels, moving higher by GBP (+20/mt) compared to the prior week. PP block copolymer grade prices were assessed at GBP 1755-1760/mt levels, rising by GBP (+15/mt) week on week.
On an FCA Antwerp basis, PP homopolymer grade prices were assessed at Euro 1170-1200/mt levels, holding steady from the previous week. PP copolymer grade prices were assessed at Euro 1260-1290/mt FCA Antwerp levels, unchanged week on week.
Propylene feedstock prices on a CIF NWE basis were assessed at Euro 935-945/mt levels, a sharp rise of Euro (+35/mt) from the previous week. Meanwhile, propylene prices on an FD NWE basis were assessed at Euro 915-925/mt levels, a tumble of Euro (-55/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.
