PP Prices and News
PP and PE prices remain strong despite ebbing demand in Türkiye by Merve Madakbaşı
Polyolefin markets extended their gains into August, with prices for more PP and PE grades moving above the $1000/ton CIF Türkiye threshold. Both markets bottomed out in mid-July, with reduced stocks at mainstream suppliers and an upward pressure from poor netbacks to Asian markets for certain products propelling prices higher... 18-08-2023
Gradual rise in China’s PPH markets continues but signs of caution still around by Pınar Polat
In China, homo-PP raffia and injection prices both in the local and import markets have remained on a stable to firmer trend for the past six weeks, hovering at their highest levels since May based on the weekly average data obtained from ChemOrbis Price Index... 17-08-2023
Asian PP, PE players divided on sustainability of uptrend by Shibu Itty Kuttickal
PP and PE prices in China and Southeast Asia have seen an uptrend over three weeks till now, but opinion is divided among market players on the sustainability of the rally beyond a couple of months... 08-08-2023
Stats: Türkiye’s overall polymer imports down slightly in H1 2023 by Merve Madakbaşı
According to ChemOrbis Import Statistics, overall polymer imports in January-June edged down by around 1% to 3.1 million tons from the same period in 2022. Saudi Arabia (724,276 tons), South Korea (346,347 tons), Russia (321,768 tons), the United States (304,991 tons) and Egypt (172,609 tons) were the primary polymer suppliers during this time... 04-08-2023
Türkiye’s PP, PVC and PE markets to start Aug on bullish note by Merve Madakbaşı
Polymer markets continued to follow an uptrend this week as rising costs, the spillover impact from firmer Asian markets, and easing stock pressure on import sellers underpinned PP, PVC, and PE markets. Fueling the bullish scene were additional price hikes from the local producer, Petkim, which bolstered LDPE activity the most... 28-07-2023
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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