• PT Youtube
  • PT Facebook
  • PT Linkedin
  • PT Twitter

Timing is right to buy forward for PP.

Facebook Share Icon LinkedIn Share Icon Twitter Share Icon Share by EMail icon Print Icon

Loading the player ...

Polypropylene continues to be driven by monomer, but don't be fooled by the huge spread between RGP & PGP. It is possible we will see another drop in PGP in January, but we don't expect a large drop. We also expect the spread to continue well into 2012. With January likely the low point for PP pricing for the 1st and 2nd quarters, now is a good time to buy forward.