Trade Resources Company News Sinopec Raised Its Ex-Works Price for Polypropylene in East China by Yuan 100

Sinopec Raised Its Ex-Works Price for Polypropylene in East China by Yuan 100

China Petroleum and Chemical Corp, or Sinopec, raised its ex-works price for polypropylene in East China by Yuan 100 ($15.90), or 0.9%, to Yuan 11,100/mt Monday, industry sources said.

On an import parity basis, the new price is equivalent to $1,416/mt.

This will apply to the company's East China subsidiaries -- Sinopec Shanghai, Sinopec Zhenhai Refining & Chemical and Sinopec Jiujiang.

Sinopec last changed its East China PP price on January 4, raising it by Yuan 200 to Yuan 11,000/mt.

Source: http://news.chemnet.com/Chemical-News/detail-1789268.html
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Sinopec Raises E China PP Price by Yuan 100 to Yuan 11, 100/Mt
Topics: Metallurgy , Chemicals