PP Prices and News
Sentiment weakens across African PP, PE markets in November by Nada Samir
African polyolefin markets have seen bears return after two months of firming trend, following the globally weaker sentiment. Also, the challenging economic headwinds and liquidity issues have continued to hit the markets hard across the region... 22-11-2023
Bearish sentiment spills over to Middle Eastern PP, PE markets in November by Nada Samir
Middle Eastern PP and PE markets have snapped a 2-month rally in November. Sluggish derivative demand, financial and economic challenges as well as the recent political rift across the region were a triple whammy to the markets across the region... 16-11-2023
Dull demand dents PE outlook in SE Asia for rest of year by Shibu Itty Kuttickal
A bearish sentiment continues to sweep across PE markets in Southeast Asia, mostly as a result of stagnant demand with year-end requirements staying suppressed although upstream costs have risen of late. As a revival in demand is not expected any time soon, the markets are likely to keep softening ahead. The China market has also pressured Southeast Asia further... 15-11-2023
China’s local PP markets snap 6-week downtrend, players skeptical by Thi Huong Nguyen
The downtrend in China’s domestic PP markets, which kicked off in late September, was snapped by a slight rebound last week. Rising futures prices mainly fed the gains, despite the fact that market fundamentals remained unfavorable due to weak buying interest and sufficient availability... 14-11-2023
PP resumes downtrend after short break in Italy and West Europe by Manolya Tufan
Regional PP markets had rebounded in H2 August or September after 4 straight months of drops and followed a mostly firmer trend in the past two months. However, PP markets resumed downtrend as November kicked off amid lower propylene settlement and deteriorating market outlook towards year-end... 13-11-2023
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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