Commodity Market Report
Polypropylene North America monthly market outlook - December 2018
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Report summary
Polypropylene producers are considering options following a sharp decrease in crude oil and naphtha prices, which has led to a decrease in propylene feedstock costs. Monomer supplies were reduced due to an outage in October, then were improved in November. Buyers of polypropylene adopted a patient approach, in anticipation of further price falls in December. Markets are typically weaker in November and December in the run up to year end and the seasonal Christmas downturn. Healthy supplies of imports continue to flow into United States ports, and the influx is likely to remain robust during quarter four.
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