Commodity Market Report
Polypropylene North America monthly market overview June 2019
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Report summary
In May propylene feedstock values increased before falling to a new low in June. As polypropylene prices bore at a small decrease, the fall in costs served to strengthen spot margins in May/June. On the supply side plants returned to operation following planned and unplanned outages, lengthening availability. Polypropylene markets were moderate in June during the softer peak manufacturing season, and there was a good performance from the automotive and chemicals sectors. There was no sign of a drop off in demand heading towards the summer months and demand fundamentals are expected to remain strong in the summer.
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