PP Prices and News
Upsurge continues to wreak havoc on Turkey’s PP, PE markets
by Merve Madakbaşı
Turkey’s import polyolefin markets have seen no respite from abrupt increases, with PP continuing to take the lead. Short supplies spurred price inquiries as global production hiccups coupled with rising upstream costs kept March expectations bullish. Yet, the never-before-seen levels kept players on their toes and caused some buyers to idle operations...
26-02-2021
China PP, PE markets join global rally after Lunar New Year holiday
by Pınar Polat
During China’s week-long absence due to the Lunar New Year holiday in mid-February, the tightness-driven hikes in global PP and PE markets were reinforced by higher energy values as well as winter-related supply disruptions in the US Gulf...
24-02-2021
PE, PP and PVC supply crunch exacerbated on US absence, traditional trade flows upended
by Başak Ceylan
and Esra Ersöz
The US polymer exports faced serious challenges in the last quarter of 2020, largely as a result of multiple shutdowns and force majeure declarations that followed the most active hurricane season since 2017. Reduced production and shipping difficulties have impacted the competitiveness of US exports in global markets...
23-02-2021
European PP, PE markets set for 5th bullish month as shortage bites
by Manolya Tufan
European PP and PE markets are on the verge of posting supply-driven increases moving into March, which would mark the 5th straight month of hikes. The bullish rally, which gained momentum from January onwards, is not expected to take a breather as another round of 3-digits hikes are awaited...
22-02-2021
Turkey shattered as PP prices shoot up to surreal levels
by Merve Madakbaşı
PP prices have rallied unprecedentedly in the last two weeks, appalling many players in Turkey. Steep increases coupled with robust demand in Europe and America lighted the touch paper while a wave of production issues exacerbated the severity scale of the run-up...
19-02-2021
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.
About Us
DOWNLOADYOUR MOBILEAPP TODAY
