PP Prices and News
European PP buyers and sellers set for a tug of war for November by Manolya Tufan
In Europe, October has been a month of stability in most cases as balanced supply/demand and rising costs counterbalanced each other. Players are now trying to gauge the outlook for November amid a bundle of opposing factors... 25-10-2021
Turkey’s Nov PP, PE outlook shaped under shadow of the historic low lira by Merve Madakbaşı
Turkey’s polyolefin markets are readying to close October on a firm footing as shipping bottlenecks and the upstream chain continue to underpin firm price levels. Nonetheless, the sharp devaluation of the Turkish lira to the lowest level on record against its peers spurred a gloomy outlook on the demand front for the upcoming term... 22-10-2021
West African PP, PE markets remain strong in October by Başak Ceylan
In Nigeria, West Africa’s largest polymer market, October was marked by a shortage of supplies, escalating costs in logistics, and a challenging macroeconomic environment that dampened the buying interest... 19-10-2021
European players evaluate impact of energy surcharge on polymer markets by Manolya Tufan
In Europe, the unprecedented surge in energy costs has rattled regional polymer markets that have been facing other setbacks driven by the pandemic. Several producers announced their plans to implement an energy surcharge on their prices, addressing the sudden and abrupt hikes in natural gas and electricity prices leading to a significant erosion of margins... 18-10-2021
SE Asia PP uptrend fueled by China’s strong return by Merve Sezgün
The uptrend in Southeast Asia’s PP markets has gained momentum, drawing strength from the bullish post-holiday sentiment in China. Both import and local markets across the region have seen notable hikes so far this week amid tight supplies, strong upstream costs and recovering demand with easing Covid-19 restrictions... 14-10-2021
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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