Polypropylene United States

摘要

The US domestic polypropylene was deemed steady week on week by market participants, with August contracts settling flat at 87-89 cents/lb and spot prices relatively stable but still at a premium. With August coming to an end, one source deemed the month "decent but still a grind," while another said it was slow in what appeared to be another month that failed to meet heightened expectations. One distributor complained about the lack of availability of product. "Where is all the product? The numbers say the product exists, but where is it?" he said. "There's no way PP should be this tight." The prevailing reasoning was that producers were sitting on inventory ahead of olefins and polyolefins turnarounds in the US Gulf Coast region in September and October. Spot generic prime homopolymer injection was pegged in the 90- to 92-cents/lb mark and impact copolymer around the 94- to 95-cents/lb mark, a source said.