Chinese Polymer Prices Continue to Climb

Prices of PP in Asia galloped higher. Price gains on the back of a surge in upstream propylene rates. Bullish global energy prices and firmer rates of naphtha in Asia also offered support to rising PP prices as did the start of the maintenance turnaround season which was anticipated to render product availability across Asia tight.   PP raffia and PP injection grade prices were assessed up at the USD 1600/mt CFR Far East Asia levels while PP film prices were assessed up at the USD 1620/mt CFR Far East Asia levels. Block Copolymer prices were assessed up at...

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