PP Prices and News
Egyptian polyolefin markets assess impact of new import rules by Başak Ceylan
The Central Bank of Egypt’s decision to reverse its rules requiring importers to get letters of credit (L/Cs) was welcomed by market players in a bid to improve supplies. However, players largely remained cautious amid a challenging macro-economic environment in Egypt... 19-05-2022
Indian PP, PE markets remain bearish ahead of monsoon by Shibu Itty Kuttickal
Surplus import availability from China, as a result of Beijing’s stern restrictions to stem the spread of COVID-19, has been keeping Indian PP and PE markets bearish, which would likely continue at least for the next couple of months as the monsoon sets in... 18-05-2022
Strong US dollar renders Asian PP, PE imports uncompetitive by Shibu Itty Kuttickal and Esra Ersöz
The soaring dollar against global currencies has led to PP and PE imports getting uncompetitive against locally sold products across China, Southeast Asia and India as import costs rise, traders said... 17-05-2022
Turkey’s PP and PE markets open post-Eid period on bearish note by Merve Madakbaşı
Polyolefin prices have either ended their uptrend or extended their losses into May, depending on the product in Turkish markets. This is because buying appetite has been disappointing following the Eid al-Fitr holidays as inflationary pressures have made a dent in end product demand... 13-05-2022
Saudi major adopts softer pricing for May in global PP, PE markets by Başak Ceylan
A major Saudi Arabian producer lowered PP and PE prices for African and the Middle Eastern markets, reversing a bullish trend that had been in place since the start of the year. The major producer’s offers in China were also lower in May, reflecting increasing concerns over the state of demand amid the ongoing lockdown in Shanghai... 10-05-2022
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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