PP Prices and News
Monsoon dampens India’s PP and PE markets in July by Shibu Itty Kuttickal
Import PE and PP prices in India continue to languish as demand weakened further in July, compared to the previous month. Buyers have kept waiting for further price cuts, despite some hike attempts by sellers. Although the monsoon rains had a sluggish start in June, it made up for the shortfall in the weeks ahead, keeping polyolefin requirements lower. Slowing Asian and western economies also affected the market sentiment... 12-07-2023
Türkiye’s PP, PE markets face uncertainties following holidays by Merve Madakbaşı
Turkish polyolefin players have returned from a long break, trying to observe local and global dynamics for cues regarding post-Eid pricing. Deals have been scarce so far amid a blurry outlook between small fluctuations in most outlets and mild downstream demand at home. Moreover, pending announcements from regular suppliers kept players on the sidelines in most cases... 07-07-2023
PP, PE markets in Southeast Asia look for cues from China by Shibu Itty Kuttickal
PP and PE market players in Southeast Asia are looking for indications from China on the direction ahead. China’s import PP markets failed to replicate a positive turn in the domestic markets, while a two-week rebound in China’s PE markets is being viewed with an abundance of caution as the demand side still looks not so promising... 04-07-2023
Stats: China’s Jan-May PPH exports fall 25%, imports slightly up by Merve Sezgün
China’s homo-PP exports performed well in Q1, with a 12% increase on year and a significant rise of 94% from the previous quarter. Data for April and May, however, came in lower and led to a visible decrease in the total PPH exports for the first five months of the year. As for the imports, the Jan-May data showed a slight increase, which came as a little bit of a surprise... 29-06-2023
African PP, PE markets end June at near 3-year lows by Nada Samir
African PP and PE markets continued to follow a downward trajectory in June, marking the third month of slump. Suppliers have conceded this month to the mounting pressure from severe demand concerns and bearish sentiment in other global markets. Generally, current prices imply the lowest levels seen since November 2020, according to ChemOrbis Price Index... 27-06-2023
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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