PPCP
Polypropylene copolymer is popularly known as PPCP. It comes under thermoplastic, softer and more impact-resistant than polypropylene homopolymer, with higher c...
PPCP Bytes
Daily Market Report
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PP Market Extends Decline amid Weak Demand and Rising Inventories
Polypropylene (PP) prices continued to decline amid weak demand, high inventories, and subdued global sentiment. Domestic producers reduced prices to clear stocks, while feedstock propylene costs softened. Despite slight sentiment improvement from trade developments, oversupply persists, keeping the PP market range-bound with limited recovery expected through November 2025.
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PP and PE Prices Decline Across China and India Amid Regional Downtrend
Polyethylene and Polypropylene prices softened in early October amid weak downstream demand, high inventories, and muted buying in Asia. While crude oil strength offered limited cost support, both domestic and imported prices trended lower. Market sentiment remains cautious, with limited restocking expected until post-Diwali demand recovery.
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Rising PP Supply Outpaces Seasonal Demand Gains, Market Remains Pressured
Polypropylene (PP) prices in India remained flat at the end of September despite seasonal demand pickup. Abundant supply, steady-to-soft upstream costs, and cautious downstream buying continue to weigh on the market. While certain grades see stable retail prices, the overall market remains under pressure with limited bullish triggers.
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Indian Polymer Market Mixed: PET, PVC Up; PE, PP Soft
Indian polymer markets showed mixed trends in September 2025. PET and PVC prices rose on strong packaging and construction demand, while PE and PP weakened due to subdued consumption in packaging, automotive, and textiles. Crude oil volatility remains a key factor shaping short-term price movement across polymer grades.
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China PP Market Stagnant Amid Supply Pressure and Weak Demand
Polypropylene (PP) prices stayed stable in Asian markets but weakened domestically with a 1% decline in August. Falling crude and propane costs reduced support, while higher output and inventories added pressure. Demand stayed sluggish amid seasonal lows and cautious buying. Experts expect a stagnant market in the near term.
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PP Exports Struggle Amid Asian Price Flood, Oversupply Pressures Intensify
U.S. Polypropylene (PP) export prices weakened this week due to oversupply and competitive Asian cargoes. Demand remains muted in overseas markets, while U.S. sellers face mounting inventory pressure and intensify price cuts. Market sentiment stays bearish with limited short-term recovery expected.
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Weak Demand, High Supply Pressure Keep China PP Market in Consolidation Phase
PP prices remain under pressure amid weak demand and abundant supply. Domestic rates vary across India, with MRPL's lamination grade reaching ₹1,00,000/MT. China’s PP prices dropped 2.06% since early July. Limited cost support and upcoming capacity additions in H2 2025 are likely to keep the market rangebound and volatile.
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China PP Market Stagnant Amid Off-Season Demand and High Inventory
Indian PP prices remained steady, while China witnessed minor declines amid weak demand and soft feedstock support. High inventories and reduced end-user activity kept sentiment bearish. Supply disruptions from planned maintenance were offset by new capacities. Overall, PP prices are expected to stay under pressure through the rest of July.
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India Stable as European PP Prices Dip on Weak Demand, Oversupply
Polypropylene (PP) markets in both Europe and India remain subdued. Despite crude oil strength, oversupply and poor downstream demand are capping prices. European spot and contract rates are stagnant, while Indian PP prices vary by grade. Market players are adopting a wait-and-watch approach ahead of July’s propylene settlement.
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