Polypropylene:Latin America

摘要

The market in key Latin American countries remained slow week on week. Thin market activity and low demand pressured the prices down. The situation has been aggravated by a weaker currency relative to the US dollar. In Peru, co-polymer decreased $35/mt, assessed at $1,605- $1,615/mt CFR Peru. An offer from South Korea was heard at $1,620/mt CFR basis. Homopolymer had a timid $5/ mt decrease, assessed at $1,580-$1,590/mt CFR Peru. An offer from India was heard at $1,595/mt CFR Peru while South Korean sellers were heard at $1,600/mt CFR Peru. Saudi Arabian sellers were offering homopolymer grade higher at $1,630/mt CFR basis.