Chilean polypropylene producer Petroquim reported that July availability for the export market went down 60% due to problems with the local refinery.
"ENAP is under maintenance shutdown and that's why we should stop our polypropylene plant next week for maintenance too," said the source.
Petroquim's Chilean plant, responsible for 100,000/mt of resin, should be on turnaround for four days.
For the domestic market, Petroquim's offers dropped $100/mt over July and they were heard at $1,970/mt CIF for homo raffia, film, and injection and at $2,060-2,070/mt CIF for co-polymer.
"For August, we are still studying the market and we believe next week we are going to have a better view about where the August offers are going to be," added the source.
