PP Prices and News
PP prices rebound from 3-year lows in China, Southeast Asia and Türkiye by Esra Ersöz
Import PP prices in key regions hit their lowest since June 2020 in mid-June. Unlike the rebound seen 3-years ago from the same price levels, when the markets were freshly licking wounds caused by the pandemic amidst pent-up demand and governments’ efforts to boost economy with excessive liquidity, this past week has seen a recovery in three markets in an extremely cautious and nervous environment... 24-07-2023
PP, PE price declines slow in July across Africa by Esra Ersöz
Having followed a bearish trend since April, PP and PE prices in Africa have recently been hovering around their lowest since late 2020, according to ChemOrbis Price Index. July deals across the region were largely concluded lower; however, the pace of declines appears to have decelerated following the sharp decreases recorded particularly last month... 21-07-2023
Petkim’s PP, PVC and PE hikes lift sentiment in Türkiye by Merve Madakbaşı
Polymer markets started this week with news that the local producer, Petkim, issued price increases for PP, PVC and PE to the spot markets. The move followed relentless decreases seen during the last couple of months as markets have been under pressure from comfortable supply and poor demand... 19-07-2023
PP, PE price slide deepens in July across Middle East by Nada Samir and Esra Ersöz
The slump, which first started to take hold in the Middle Eastern polyolefin markets in April, has been extended into July. Local PP and PE prices in Saudi Arabia have hit their lowest since late 2020, following the UAE markets. East Mediterranean markets, meanwhile, have seen the price rout deepening with import PP and PE prices to Jordan and Lebanon dipping to their 3-year lows... 18-07-2023
Pace of declines decelerates in Europe’s PP, PE markets, is bottom near? by Manolya Tufan
Regional PP and PE markets fell for the 4th straight month in July, albeit at a slower pace. Prices broke below certain thresholds, triggering cautious purchases. Players discuss whether or not these along with firming upstream markets can give a clue about the bottom of prices... 17-07-2023
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.
About Us
DOWNLOADYOUR MOBILEAPP TODAY
