In October, PP producers in Western Europe for the most part were unable to make the hoped-for margin gains as cheaper polymer from central European production entered the market to bridge the tightness gap. While suppliers of homopolymer were largely able to pass on their higher costs, copolymer producers were not always able to, and here the rate of price increase was lower. The already high prices and somewhat firmer margins kept many buyers away.
Compounds followed the trend of the entire propylene chain. In major part, compounders were able to pass on their own higher cost. For November, both cost development and the market situation pointed to a sideways trend.