PP Prices and News
Tariff uncertainty, new tax rules hit Vietnam’s polyolefin demand by Thi Huong Nguyen
A bearish tone continued to dominate Vietnam’s PP and PE markets in the first half of June, with local prices hitting multi-year lows and import prices mostly stable, according to ChemOrbis Price Index. Weak seasonal demand, ongoing uncertainty surrounding US tariffs, and the recent rollout of a new domestic tax policy have all eroded buyer confidence and market momentum. Many players have adopted a wait-and-see approach, deferring purchases in anticipation of clearer direction from both local and global developments... 17-06-2025
Europe PP markets near 2-year lows, buckling under muted demand, ample supply by Laura Pisano
PP markets in Italy and Northwest Europe opened June on a stable to softer note. Following the propylene contract which settled with rollovers, regional producers announced initial offers mainly in line with the monomer outcome. However, stability started to falter as small decreases of €20-30/ton emerged later last week... 10-06-2025
Stats: China sustains net PP exports in April; PE imports surge by Thi Huong Nguyen
According to ChemOrbis Stats Wizard, China saw significant shifts in its PP and PE foreign trade during April. While exports of both polymers declined from March, the county remained a net exporter of PP for the second consecutive month. At the same time, PE imports surged, reinforcing the country’s continued reliance on foreign PE supply despite growing domestic capacity... 09-06-2025
Stats: Türkiye’s April polymer imports hit an all-time high by Merve Madakbaşı
According to ChemOrbis Stats Wizard, Türkiye’s total April polymer imports pointed to the highest monthly volume since ChemOrbis started to compile data in 2003. The figure indicated an increase of 21% from the previous month and was up by 12.5% from April 2024. Saudi Arabia remained the number one polymer supplier, followed by the USA and South Korea. Meanwhile, the total import value at $717 million represented a 23% gain month over month... 05-06-2025
Mid-Eastern PP raffia hits $850 CIF mark in China; LDPE film breaks below $1000 by Elif Sevde Yalçın
After the Dragon Boat Festival break, China’s import polyolefin markets remain under pressure as weak demand and ample supplies continue to weigh heavily on sentiment. In the PE sector, prices for key film grades are dropping to multi-month or even multi-year lows at lower ends, despite relatively stable upper-end offers. The PP market mirrors this trend, with oversupply and weak demand capping any potential recovery in pricing... 04-06-2025
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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