PP Prices and News

Import PP prices in China correct to May levels; will markets see further softening? by Thi Huong Nguyen
Import homo-PP prices in China have been on a stable to slightly lower trajectory since softening from a 16-month high in mid-June. The import PPBC market also remained stable at this peak for four straight weeks before a slight drop last week. Even though surging freight rates have still provided the markets with a robust cost support, sellers have failed to raise their offers for the past month due to weakening supply-demand dynamics... 09-07-2024

Delta between PP fibre and raffia down to a 4-month low in Türkiye by Merve Madakbaşı
Import PP prices retained their strength as July kicked off, with transit times from the Middle East and Far East Asia remaining long, spot volumes from Russia staying limited, and the freight rally not seeing a respite from successive hikes. In the meantime, the premium of the fibre market over raffia has largely evaporated due to varying demand dynamics over the last few weeks... 05-07-2024

Is the freight rally turning the tide in Europe’s PP, PE markets in July? by Manolya Tufan
Regional polyolefin markets have opened July on a stable to slightly firmer note, marking a departure from the downtrend observed over the past three months. Initial price announcements are characterized by rising freight costs and supply constraints arising from disrupted import shipments. Players assess whether the freight rally can effectively lift prices from their recent lows amid flat monomer settlements and summer lull... 04-07-2024

July PP and PE import prices into India rise amid tighter supplies by Shibu Itty Kuttickal
Contrary to the typical bearish trend during monsoon, Indian import prices of PP and PE are mostly higher from a month ago mostly because of tighter availability, although a dull trading environment prevailed, with deals few and far between. Most market participants expected a general uptrend in the prices of polyolefins, across different grades, going into July... 03-07-2024

Sentiment firms up in European PE markets, LDPE poised for increases by Manolya Tufan
The sentiment surrounding PE markets has pivoted following developments in the PP market, where bullish signs had earlier emerged given disrupted import flow. A shift in the supply outlook was blamed for the changing sentiment, buoyed by regional production hiccups and upcoming autumn turnarounds. Accordingly, polyolefin markets brace for a stable to firmer trend in July regardless of the monomer outcome... 27-06-2024
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.