PP Prices and News
Global PP markets buckle up for massive capacity additions from China by Esra Ersöz
According to the latest data from ChemOrbis Production News Pro, global PP markets are readying to face huge capacity additions in 2023. More than 10 million tons of new PP capacity is slated to come online globally, 80% of which is from China... 09-03-2023
India PP, PE markets change direction in line with regional trends in Asia by Shibu Itty Kuttickal
Following the gains recorded in January and February, import PP and PE prices in India have changed direction and tracked a stable to softer trend over the last couple of weeks in a market mostly balanced between a lack of demand and higher costs. The country’s polyolefin sentiment has been hit by the fact that the post-CNY firming in China has proved unsustainable... 08-03-2023
Mid-Eastern PP, PE markets extend gains into March amid squeezed supply by Nada Samir and Esra Ersöz
The price rally, which first sparked in the Saudi polyolefin markets in February after an 8 month- slump, has also been extended into March. Likewise, Saudi majors’ fresh March offers indicated monthly hikes in the neighboring Middle Eastern markets. Sentiment in the regional markets remained supported by tight supplies, caused by the ongoing shutdowns in the region... 07-03-2023
Polymer players continue to tackle supply chain disruptions in Turkey by Merve Madakbaşı
Turkey has been trying to heal its wounds since devastating quakes that hit more than 10 provinces in the southeastern region earlier this month caused a death toll beyond 43,000 and affected millions of citizens. ... 24-02-2023
Upbeat outlook for India’s PP, PE markets prevails despite China’s faltering by Shibu Itty Kuttickal
Import PP and PE import prices have stayed on an uptrend from the previous month, with a tighter supply situation continuing and in line with the market strength in other Asian markets. Most players expect the upbeat sentiment to remain in both the markets in the near term, too... 22-02-2023
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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