Spot Polypropylene prices edged another $.01/lb higher. After rallying $.26/lb this year through early April, spot PP prices gave back the gains in their entirety. Perhaps not all of the losses were warranted, as the market has recovered about $.07/lb since the market found a bottom in early June.
According to the ACC, producers on average ran their Polypropylene reactors at a very light rate of around 85% in June, producing 77 million ...
[More]