PP Prices and News
Stats: China’s total PP, PE imports in Q1 mark lowest volume in a year
by Pınar Polat
Data from ChemOrbis Import Statistics indicate that China’s cumulative PP and PE imports in the first quarter of 2021 posted respective year over year increases of 7% and 9.3% to reach more than 1.2 million tons and 4.2 million tons...
28-04-2021
Turkish PP and PE players voice bearish expectations for May
by Merve Madakbaşı
Import polyolefin prices witnessed pull-backs during April as stagnant demand pervaded the Turkish markets. Resistance toward multi-year high prices became more evident once the holy month of Ramadan started. Recently, May expectations have also taken a shape under the pressure of weak factors...
23-04-2021
Mid-Eastern sellers backpedal in Africa on competitive PP, PE offers from Asia
by Başak Ceylan
In African polyolefin markets, the Middle Eastern suppliers’ determination to hike April prices sharply has been challenged as a growing resistance from buyers and competitively-priced Asian cargoes continue to pressure the markets downwards...
20-04-2021
Downtrend continues in Turkish PP, PE markets amid Ramadan lull
by Merve Madakbaşı
Turkey’s polyolefin markets have been facing a slowdown since last month, which caused resin prices to retreat from early March peaks. The lethargy of demand became even more evident this week as the holy month of Ramadan commenced on April 13...
16-04-2021
PP, PE gains extend into April but demand slips further in Africa
by Başak Ceylan
African polyolefin markets started April at all-time highs for nearly every PP and PE grade, having risen for almost 10 months in a row. Supply remained as a major price driver, especially for the Middle Eastern origins. At the same time, PP grades of Chinese origin were available in certain markets at much more competitive prices...
13-04-2021
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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