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Mercosur Polypropylene: Prices stable to down over the past week / PP homopolymer is down, while PP copolymer is stable this week / PP Regional Market Demand is Strong

Mercosur Polypropylene: Prices stable to down over the past week / PP homopolymer is down, while PP copolymer is stable this week / PP Regional Market Demand is Strong

Jun 14, 2024

For the Copolymer Brazil-originproduct, offers were heard at $1460/mt. CFR prices for homopolymer decreased by $5/mt from the previous week. On the other hand, for copolymer Brazil-originproduct, offers were heard at $1,460/mt.Meanwhile, CFR prices were heard lower on week forhomopolymer while stable for copolymer at $1,290/mt and$1,380/mt, respectively.Brazil-origin PP pricing was heard to have increased by $30/mtin Paraguay, and also higher prices were heard for Uruguay.A Chile-based source said that apparently there is tightavailability for the Brazil-origin product.
Mercosur Polypropylene Weekly Rationale
CFR Mercosur, polypropylene price for homopolymer is $1,290/mt CFR Mercosur June 12, a $5 drop on the week. The assessment is in linewith a pricing indicator heard at$1,290/mt. The spot copolymer grade PP price was $1,380/mt. This is stable compared to the previous week. The assessment is consistent...

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