Polypropylene:Europe

摘要

European ABS producers were concerned not so much about tightening supplies but about the increases in feedstock costs, particularly pigmentation costs for some specialty grades. Sources highlighted the higher cost of titanium dioxide, used to give colors, particularly whites, their sheen. One producer said it expected to see a rise in average September contracts of around Eur20/mt [$25/mt]. This represented a modest softening from a Eur30/mt target last week. “Some competitors are asking for Eur40-50/mt but this has a longer price validity [It is a quarterly price],” the source said. A second producer said that it was looking at a wide rage of increases for contracts between Eur50-100/mt but noted that this included increases for specialty color, and high-heat grades.