Mexican Indelpro cuts PP prices on thin demand, Asian competition.

摘要

The polypropylene. (PP) firm lowered its June offer prices for the Mexican market by 7φ/lb ($154/mt) due to lackluster May demand, aggressive offers from Asian producers, and an expected drop in propylene prices. Following the price cut on June 7, Indelpro's offers were heard at $1.18-1.20/lb ddp.