PP Prices and News
Polymer demand takes a heavy knock from deepening COVID crisis in India
by Shibu Itty Kuttickal
The surge in COVID-19 cases has resulted in a slump in domestic demand in India at the levels of both downstream polymer converters and end-user consumer markets...
05-05-2021
Stats: Turkey’s polymer imports rise to fresh records in Q1
by Başak Ceylan
According to ChemOrbis Import Statistics, total polymer imports of Turkey rose to fresh record highs in the first quarter of 2021 despite the ongoing fallout of the COVID-19 pandemic and a continued fragile economic recovery. The total figure clocked in at 1,431,500 tons, beating the previous record set in the third quarter of 2020...
04-05-2021
Bearish PP trend takes no respite on lackluster demand in Turkey
by Merve Madakbaşı
Decreases in import homo-PP markets of Turkey gained momentum this week, bringing the cumulative drops to 12-13% since the trend reversed in mid-March. Activity remained poor as the country entered a full lockdown as of late Thursday, which added to the Ramadan lull...
30-04-2021
Stats: China’s total PP, PE imports in Q1 mark lowest volume in a year
by Pınar Polat
Data from ChemOrbis Import Statistics indicate that China’s cumulative PP and PE imports in the first quarter of 2021 posted respective year over year increases of 7% and 9.3% to reach more than 1.2 million tons and 4.2 million tons...
28-04-2021
Turkish PP and PE players voice bearish expectations for May
by Merve Madakbaşı
Import polyolefin prices witnessed pull-backs during April as stagnant demand pervaded the Turkish markets. Resistance toward multi-year high prices became more evident once the holy month of Ramadan started. Recently, May expectations have also taken a shape under the pressure of weak factors...
23-04-2021
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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