PP Prices and News

Bearish sentiment largely pervades Mid-East PP, PE markets in May; eyes on June outlook by Nada Samir and Esra Ersöz
Players in the Middle Eastern PP and PE markets received May offers mainly with slight decreases and some sporadic rollovers from April. This is the second month in a row the sentiment remains weakened across the region amid loosening availability. Eyes are now on June amidst questions of whether the markets will follow the global uptick, or the approaching festivities will impede demand further, keeping prices on the weak side... 22-05-2024

China’s import PP, PE markets climb to more-than-one-year highs by Thi Huong Nguyen
China’s import PP markets turned upwards following a month-long stability, while imported PE film grades were quoted higher for two weeks in a row. A shortage of import supply, especially for Middle Eastern origins, justified sellers’ hike attempts. Adding to the scenario were the increase in freight rates and a cautious improvement in demand, albeit limited... 20-05-2024

Türkiye’s PP market signals stabilization on supply limitations by Merve Madakbaşı
Import PPH prices seem to have snapped a two-month downfall as diminishing import supply came to the fore again. Long transit times on the side of most Saudi Arabian producers, coupled with rising freight rates from Asia to Türkiye, drew a tight supply outlook for the coming term, let alone an ongoing lack of volumes from Russia and Israel... 10-05-2024

Tightening supplies underpin PE market in India; PP prices rangebound by Shibu Itty Kuttickal
PE availability has tightened in India over the last one month taking prices slightly higher, although PP prices have been rangebound. The markets have also been underpinned by the country’s manufacturing activity strength and high oil prices, apart from PE maintenance turnarounds in Middle East plants in the second quarter... 08-05-2024

China’s post-holiday PP, PE outlook clouded by bearish factors by Thi Huong Nguyen
Pre-holiday PP and PE markets in China have remained on a cautiously firm footing in line with support from intensive maintenance turnarounds and high costs. During the week ending on May 3, local prices of PPBC inj. and LLDPE film rose by up to CNY100/ton ($14/ton), while import LDPE film saw fresh increases of $20/ton after six straight weeks of stability. Meanwhile, polyolefin sellers rolled over prices for other grades amid the holiday lull... 06-05-2024
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.