PP Prices and News
Supply limitations bolster Feb PP and PE outlook in Turkey by Merve Madakbaşı
Polyolefin prices moved further north as 2023 kicked off, with suppliers receiving good demand from their customers for their limited volumes, particularly in the first half of January. Players have already started to discuss the February outlook amid indications from global outlets. They mainly expect markets to retain their strength due to the waning supply in Turkey... 20-01-2023
China’s import PP markets climb to 6-month highs prior to Lunar New Year by Pınar Polat
In China, import PP prices have been on a stable to firmer note since the middle of December 2022 and hit the highest levels since August 2022 based on ChemOrbis data. While limited overseas supply has been cited as the major factor driving prices higher, low sales pressure at home amid producers’ reduced run rates as well as the appreciating yuan have also contributed to the trend... 19-01-2023
Weak activities press import PE, PP suppliers for discounts in Egypt by Başak Ceylan
Import PE and PP markets in Egypt started off 2023 with price concessions from suppliers, largely due to tough resistance towards price increase attempts amid weakened activities. Major Middle Eastern producers either rolled over or decreased their offers for PE grades while PP offers for January were down by more than 5% on average from last week... 18-01-2023
Price erosion continues inside Middle Eastern polyolefins markets by Başak Ceylan
After having wrapped up a slow year in terms of activities, Middle Eastern PP and PE markets made a weak start to the year. Although most suppliers approached the regional markets either with rollovers or price decreases, some producers used supply issues as leverage to push for increases. However, those prices contrasted strikingly with present demand conditions... 17-01-2023
European PP, PE markets open 2023 with renewed drops by Manolya Tufan
Regional polyolefin markets extended losses into the second month as 2023 kicked off amid lower monomer settlements, lethargic demand and a lack of supply issues. The size of drops was again varying based on the supply position and starting level... 16-01-2023
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 Turkey, 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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