PP Prices and News
Insight: What will drive polymer markets from here? Demand or costs? by Merve Sezgün and Esra Ersöz
Global polymer markets are experiencing a paradox where prices struggle to increase, despite soaring costs, primarily driven by surging crude oil prices that have reached 10-month highs. This is because the vital demand element lies on the other side of the coin, and the demand scenario is far from ideal, hindering a robust price rally... 27-09-2023
October PP, PE expectations call for minor changes in Türkiye by Merve Madakbaşı
Türkiye’s polyolefin markets were pervaded by flagging demand for most of September, with prices holding firm on the back of rising upstream costs and moderate availability for certain products. Whilst the persistent cash issues stay at center stage and hamper the demand outlook, expectations call for modest fluctuations in October... 26-09-2023
African PP, PE markets fully head north in September by Nada Samir
The bullish sentiment pervaded across African polyolefin markets in September after Nigeria had pioneered price hikes last month with the rest of the continent remaining weak. Soaring costs were the major driver behind price hikes this month despite subdued downstream demand... 22-09-2023
Mid-Eastern PP and PE markets join rally in September by Nada Samir
Middle Eastern PP and PE markets have seen September offers from regional suppliers with increases first time after four months. Amid the reports of tightening availability, rallying global markets and soaring costs, new offers came largely in line with expectations... 20-09-2023
Türkiye’s polymer markets in flux amid bullish costs, lackluster demand by Merve Madakbaşı
Import polymer markets witnessed firmer pricing policies on the side of suppliers in the first half of September in Türkiye. This was mainly because soaring upstream costs squeezed producers’ margins, prompting PP, PE, PVC, and PS sellers to issue monthly hikes. Yet, most of them admitted that the state of demand cushioned additional price gains for most products or even led to discounts for certain ones... 15-09-2023
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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