Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.

  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list

Formosa Plastics to raise March US PP prices by 3 cents/lb: letter

Petrochemicals | Aromatics | Olefins | Polymers | Solvents & Intermediates

Oil price crash and COVID-19: A two-pronged impact on global petrochemical markets

Electric Power

Platts M2MS-Power

Energy | Electric Power | Electric Power Risk

Nodal Trader Conference, 13th Annual

Petrochemicals | Olefins

US Gulf Coast spot ethylene fall to all-time lows

Formosa Plastics to raise March US PP prices by 3 cents/lb: letter

Houston — Formosa Plastics Corporation USA plans to increase its polypropylene prices in the US by 3 cents/lb for March, the company said in a letter to customers S&P Global Platts obtained Tuesday.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The company was not available to comment on the proposed increase.

Formosa said it would raise the price of all polypropylene products in the letter dated February 3.

The letter said the increase would be in addition to any change in monomer pricing.

This comes as other producers also announced a price increase for March. Lyondellbasell and Total Petrochemicals announced a plan to increase their PP prices in the US by 3-4 cents/lb January 29, while Braskem America announced a plan to increase their March US PP prices by 3 cents/lb Monday.

US polypropylene saw a week-on-week uptick and continues to trend higher on firm producer-to-trader pricing, market sources said Friday.

Platts assessed US homopolymer injection-grade polypropylene flat Monday at $1,003-$1,025/mt (45-46 cents/lb) FAS Houston, on a lack of fresh pricing indications.