PP Prices and News
SE Asia PP uptrend fueled by China’s strong return
by Merve Sezgün
The uptrend in Southeast Asia’s PP markets has gained momentum, drawing strength from the bullish post-holiday sentiment in China. Both import and local markets across the region have seen notable hikes so far this week amid tight supplies, strong upstream costs and recovering demand with easing Covid-19 restrictions...
14-10-2021
Egypt’s PP, PE markets rise to 5-month high in October
by Başak Ceylan
Egyptian polyolefin markets kicked off October on a firm note, with the Middle Eastern producers announcing price increases over last month. The recent increases in import prices lifted the overall price ranges to their highest in almost five months, according to ChemOrbis Price Index...
12-10-2021
Crude at multi-year highs contributes to a perfect storm in polymers
by Esra Ersöz
A perfect storm of factors - including a long-lasting supply tightness and demand growth as well as the prevailing freight turmoil - have already caused a bullish atmosphere in polymer markets largely since the second half of 2020, disregarding some small intervals of downward corrections in different parts of the world...
08-10-2021
Saudi major opts for firm Oct pricing in both local and export polyolefin markets
by Başak Ceylan
A major Saudi Arabian producer kicked off October on a firm footing, with the recently announced PP and PE offers indicating mostly rollovers to increases in global polyolefin markets. The tightening in prompt availability over the course of September and bullish sentiment in most global markets supported the major producer’s pricing policy for October...
06-10-2021
Coal prices hit record highs in China with knock-on effects for PP, PVC markets
by Merve Sezgün
and Pınar Polat
Coal supplies have tightened significantly amidst the dual control policy in China. The lack of imports also contributed to the coal shortage in China, with spillover effects on electricity curbs as well as coal-generated PVC and PP production...
05-10-2021
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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