PP Prices and News
China’s PP, PE markets enter post-holiday period on firm note by Thi Huong Nguyen
Players in China’s PP and PE markets have started to return to their desks after the lengthy Golden Week holidays. Initial offers indicate rollovers to slight increases from pre-holiday levels thanks to the bullish return of futures, rising oil markets, and macroeconomic support.”After the holiday, the markets are opening on a stronger footing in light of rising futures, higher crude prices, and positive momentum from the government’s economic stimulus policies,” said a trader... 09-10-2024
Demand doldrums weaken Vietnam’s PP market, import prices hit 9-month low by Thi Huong Nguyen
Vietnam’s PP market continues to struggle due to sluggish demand, which remains the main factor behind the current weakness. Downstream manufacturing plants have seen a drop in orders from end users, reducing converters’ interest in buying PP polymers. Meanwhile, an oversupply has further clouded the market outlook... 07-10-2024
India’s PP, PE markets wait for buyers to return as monsoon ends by Shibu Itty Kuttickal
Despite the official end of India’s Southwest monsoon, PP and PE import buyers remain cautious, holding back purchases as above-average rains are predicted to continue into October. At the same time, market players have noted slightly higher offers lately, on expectations of buying activity increasing in the post-monsoon season... 02-10-2024
China’s comeback: What’s in store for polymer markets after the break? by Merve Sezgün
Chinese polymer players are stepping away from their desks this week as the country observes the National Day holiday. Despite the seasonal optimism brought by ‘Golden September, Silver October,’ demand recovery across most polymer segments has fallen short of expectations. Prices have struggled to gain momentum due to persistent oversupply, weaker international demand, and a sluggish domestic economy... 30-09-2024
Flimsy demand keeps PP, PE outlook softer in Europe by Laura Pisano
The polyolefin markets faltered under a weaker sentiment post the summer, unable to maintain the modest gains achieved over the past two months. Indeed, initial hike attempts failed to pass on September PP and PE deals due to sluggish demand and lower costs. Although rollovers were still reported in a few cases, most players closed their deals with small decreases of €20-30/ton in line with the monomer settlements... 24-09-2024
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.
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