PP balanced

摘要

PP prices largely moved in line with the increase of ?25/tonne in the propylene contract price in April. The PP sector is well balanced with sufficient material available to meet a very healthy order intake. Producers are now running plants hard following the series of scheduled and unscheduled plant outages over the last twelve months. Meanwhile, Sabic resumed production of copolymer PP at Geleen, the Netherlands but left force majeure in place until stock levels have improved.