In a continuation of the stable trend observed over the past three weeks, the US Polypropylene (PP) market has maintained unwavering stability, with prices remaining unchanged during the last week of February xxxx. This trend is particularly evident in the PP Copolymer Grade DEL Houston segment, emphasizing a sustained period of equilibrium and pricing steadiness. The average price for this grade over the week was recorded at USD xxxx/MT, indicating a balanced market where the interplay of supply and demand has led to minimal fluctuations in Polypropylene prices.
Contrary to the global stability, the European region experienced a notable xx increase in PP prices this week. The driving force behind this upward trend was the adjustment in production costs, notably the rise in the price of feedstock Propylene by approximately xx since the commencement of the new year. Despite stable demand within the region, the supply remained...
