PP Prices and News

Dollar strength keeps a floor under local PE, PP prices in SE Asia by Shibu Itty Kuttickal
A strengthening of the US dollar over the past month against Southeast Asian currencies has underpinned local prices of polyolefins in the region somewhat. But the persistent lack of buying support has kept thwarting seller efforts to talk up levels on the grounds of local currency depreciation... 30-04-2024

Domestic PP, PE markets nudge higher ahead of long holiday in China by Thi Huong Nguyen
In China, local PP producers succeeded in achieving a slight margin expansion, while PE sentiment turned more upbeat with some fresh increases during the week ending on April 26. Slightly higher futures coupled with lower local inventory levels mainly propelled the prices. Meanwhile, some replenishment activities ahead of the Golden Week holiday from May 1 to May 5, which aided the latest uptrend... 29-04-2024

May expectations call for further softening in Türkiye’s PP, PE markets by Merve Madakbaşı
Polyolefin markets opened the post-Eid al-Fitr period on a weak footing as Turkish consumers kept their purchases from hand to mouth given the blurry demand outlook in downstream industries. Economic headwinds kept purchasing power low into the new month, for which additional discounts are foreseen, albeit in more modest amounts... 25-04-2024

Stats: China’s monthly PP exports surpass imports for first time by Thi Huong Nguyen
According to data obtained from ChemOrbis Stats Wizard, China’s total PP exports hit a record high for monthly volume in March. Imports rebounded following consecutive decreases over the first two months of the year. Nevertheless, the rise in PP imports lagged behind exports, marking the first time since ChemOrbis started gathering data in 2000 that exports of PP outpace imports... 24-04-2024

PP and PE markets reverse course after 2 months in Africa, what lies ahead for May? by Nada Samir
After price gains lost steam back in March, Africa’s polyolefin markets have turned soft this month, caused by weak derivative demand. Small price declines were reported for April across the continent even with Nigeria’s local market following suit after 8 months. Now, May is approaching with mixed anticipations given high costs and lethargic demand... 23-04-2024
Polypropylene (PP) is a product group produced by the conversion of propylene monomer through a process of polymerization. Polypropylene (PP) is the world's second largest polymer in terms of consumption. There are two main types of PP: Homo-PP and PP Copolymer.
Homo-PP (PPH) is further divided into various grades, such as raffia, injection, fiber, film, BOPP and non-woven. Homo-PP is used in various applications, such as sacks, gift wraps, carpet yarns, kitchenware, automotive parts, food packaging, sanitary pads, diapers and wet wipes. PP Copolymer, which is made more durable by the addition of ethylene monomer during the conversion process, is used in household appliances, automotive and electrical parts and pipe applications.
Looking at the most important net buyer and supplier countries in the polypropylene (PP) market, China stands at the top of the list of importing countries. As of 2020, China alone realizes 25% of the world’s total PP imports. China is followed by Türkiye, which imports 10% of the world’s total PP production, while Italy occupies the third place in rankings. South Korea, Malaysia and Germany comprise the top three main PP suppliers.
ChemOrbis Polypropylene (PP) prices and Plastics News section contain information on the market trends, as well as supply-demand factors and production costs that determine the pricing, statistics on imports and exports, along with maintenance shutdowns, restarts, and new capacities related to PP facilities.
Products:
PPH raffia, PPH fiber, PPH injection, PPH film, PPH non-woven, PPH medical, BOPP, PP Copolymer injection, PP Copolymer extrusion, PP Copolymer pipe type 2, PP Random Copolymer injection, PP Random Copolymer extrusion, PP Random Copolymer pipe type 3.