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Polypropylene prices will hit the bottom in November

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Pricing Indicators are dictating that the Polypropylene market will bottom out in November, and December pricing looks to be flat barring any unforeseen events.

We expect price increase announcements to come out in December but don’t rule out the possibility of this happening in late November, if December demand stays the same.  Increases will most likely take place in the first quarter of 2012 due to several scheduled turnarounds.

Take an inventory position and cover your needs in November and December.