2025 Polypropylene (PP) Prices, News and Analysis

LDPE leads China’s PE rally on tightening supply, but demand still wobbly

China’s PE market extended its gains this week, with LDPE film prices taking the lead amid signs of tightening availability and improved market sentiment. The upward momentum was primarily driven by a sharp rebound in crude oil, stronger futures performance, and lingering concerns over Middle Eastern geopolitical risks...

Turkish players assess potential impacts of the Middle East flare-up on polymers

Türkiye’s polymer markets have been shaken by the escalating and ongoing tension in the neighboring Middle East since the past weekend, and the first half of this week saw traders retreating from the market. In line with reports of further freight increases from Far East Asia, PP and PVC offers from South Korea became scarce, while the fate of Iranian supply—particularly in the HDPE market—remained a point of curiosity. Meanwhile, a distributor of a European PE producer confirmed that they suspended LDPE offers amid an order stop from the region this week...

Europe’s PP, PE outlook blurred by rising geopolitical tensions

Following a three-month downtrend, European PP and PE players are reassessing the outlook for July amid rising crude oil and freight costs, as the conflict between Israel and Iran rattles markets. Fears are mounting over further disruptions to Red Sea shipping lanes and possible ripple effects across global supply chains...

Tariff uncertainty, new tax rules hit Vietnam’s polyolefin demand

A bearish tone continued to dominate Vietnam’s PP and PE markets in the first half of June, with local prices hitting multi-year lows and import prices mostly stable, according to ChemOrbis Price Index. Weak seasonal demand, ongoing uncertainty surrounding US tariffs, and the recent rollout of a new domestic tax policy have all eroded buyer confidence and market momentum. Many players have adopted a wait-and-see approach, deferring purchases in anticipation of clearer direction from both local and global developments...

Plastics News (Free)