This week, PP prices in Europe moved sharply higher as escalating tensions in West Asia heightened uncertainty across energy and petrochemical supply chains.
An industry source in Europe told a Polymerupdate team member, “PP spot prices in Europe registered steep gains as rising tensions in West Asia disrupted trade flows and increased production costs. Higher energy prices and uncertainty over naphtha supply added further pressure. Exports from the Middle East declined after several container shipping lines suspended bookings from the Persian Gulf, with no offers reported from Saudi Arabia during the period. Despite the firmer market trend, many buyers remained cautious and limited purchases while awaiting clearer market direction. Ongoing geopolitical tensions continue to keep shipping and energy markets volatile.”
In the spot markets, PP injection molding grade prices were assessed at Euro 1195-1205/mt FD North West Europe levels, a steep increase of Euro (+220/mt) from the previous week. PP block copolymer grade prices were assessed at Euro 1245-1255/mt FD Northwest Europe levels, sharply higher by Euro (+220/mt) from last week.
In the contract markets, PP injection moulding grade prices were assessed at Euro 1355-1360/mt FD NWE Germany and FD NWE France levels, both week-on-week higher by Euro (+25/mt). PP injection molding grade prices were assessed at Euro 1345-1350/mt FD NWE Italy levels, a gain of Euro (+25/mt) from last week. Meanwhile, PP injection moulding grade prices were assessed at GBP 1170-1175/mt FD NWE UK levels, a rise of GBP (+15/mt) from the previous week.
PP block copolymer grade prices were assessed at Euro 1455-1460/mt FD NWE Germany and FD NWE France levels, both week-on-week higher by Euro (+25/mt). PP block copolymer grade prices were assessed at Euro 1445-1450/mt FD NWE Italy levels, an increase of Euro (+25/mt) from the previous week. Meanwhile, PP block copolymer grade prices were assessed at GBP 1255-1260/mt FD NWE UK levels, week-on-week up GBP (+10/mt).
In Antwerp, PP homopolymer prices were assessed at Euro 1180-1220/mt FCA levels, a surge of Euro (+220/mt) from last week, while PP copolymer prices were assessed at Euro 1230-1260/mt FCA levels, a spike of Euro (+220/mt) from the previous week.
Propylene feedstock spot prices were assessed at Euro 1130-1140/mt FD Northwest Europe levels, a steep rise of Euro (+200/mt) from last week.
European propylene contract price for March 2026 settled at Euro 1000/MT FD Northwest Europe levels. This price represents a sharp gain of Euro (+35/mt) from its February 2026 settlement levels.
