PP Prices and News
Worsening dollar shortage pushes Egypt’s local PP, PE prices to never-before-seen highs by Nada Samir
Local polyolefin prices in Egypt have been on an intact upward trajectory since late December. The deepening foreign exchange crisis as well as restrained imports continued to buoy local prices despite below-average demand. ChemOrbis Price Index suggests new all-time highs for local PP and PE markets in Egypt... 13-02-2024
Türkiye’s PP market continues to grapple with tight supply, prices at multi-month highs by Merve Madakbaşı
Polymer players have been tackling a supply crunch since late 2023 due to the Red Sea unrest, while the prolonged logistic hurdles remained the main driver of new price hikes in February. PP has taken the hardest hit from disruptions to the global supply chain, as Türkiye depends on import suppliers for this product to a large extent... 09-02-2024
LDPE prices rise faster than other PP, PE products in India’s bullish market by Shibu Itty Kuttickal
In India, PE and PP grades have generally seen an uptrend over the last month on tighter supplies and a seasonal demand strengthening in the first quarter of the year. It is also noteworthy that LDPE prices have posted larger increases than all others... 07-02-2024
Headwinds await China’s PP, PE markets post-holiday period by Thi Huong Nguyen
In China, players have left their working desks unmanned to celebrate the Lunar New Year holidays, which start later this week, leading to muted markets. Despite a further decline in demand, cost pressures and reduced import supply have lent support to suppliers across import and local polyolefin markets in the pre-holiday week... 06-02-2024
Türkiye’s 2023 imports set a new record at 6.3 million tons; PE, PVC and ABS shine out by Merve Madakbaşı
According to ChemOrbis Import Statistics, Türkiye’s total polymer imports hit a new all-time high in 2023 as the overall volume neared 6.3 million tons despite economic obstacles. The quantity pointed to a 5% increase from 2022 although imports recorded steady drops in the last quarter of last year. LLDPE, HDPE, PVC and ABS imports shone out as they set new records while PP and LDPE posted more modest growth... 05-02-2024
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.
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