Polypropylene decreased 66 CNY/T or 0.89% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Polypropylene.

In 2023, the global average price of polypropylene (PP) was 968 U.S. dollars per ton – a decrease of 165 U.S. dollars, compared with the previous years. The global polypropylene market The global polypropylene market was valued at 120.94 billion U.S. dollars in 2022. The global PP market is projected to continue growing over the next decade, registering a CAGR of 3.5 percent during the forecast period of 2023 to 2030 to reach a value of 159.87 billion U.S. dollars. This will see the polypropylene market volume rise to over 100 million metric tons by 2030. Polypropylene end-uses Polypropylene is one of the most commonly used thermoplastics due to its elasticity and durability and is used across a wide range of end-uses including electronics, transportation, and construction. However, the major end- user of polypropylene is the plastic packaging industry.

During Q4 of 2024, polypropylene prices across the US market were reported to have fallen by approximately 8%. Throughout the entire quarter, the US polypropylene market continued to follow the pricing dynamics of feedstock propylene (Polymer Grade), which depreciated by around 20%. Weak demand from the construction and downstream automotive industries remained the primary driver of the market, despite disruptions caused by the hurricane season, which continued until November 2024.

The polypropylene prices in Brazil for Q3 2024 reached 1165 USD/MT in September. The market was marked by bearish trends as global supply chain disruptions and moderate demand created a challenging environment. Imports from China and the U.S. increased, adding pressure on local suppliers.

The monthly price of propylene worldwide experienced fluctuations between 2020 and 2024. The highest figure in the period under consideration was observed in March 2022 when propylene price reached 1,317 U.S. dollars per metric ton. In October 2024 the global price of propylene amounted to 805 U.S. dollars.

This statistic shows the price of polypropylene in the United States from 2005 to 2014, with forecasted figures for 2015 to 2020. In 2014 the U.S. price of polypropylene was 389 U.S. dollars per ton, and it is estimated to increase to 526 U.S. dollars per ton in 2020.

The global polypropylene in primary forms market expanded to $120.6B in 2024, growing by 1.8% against the previous year. In general, the total consumption indicated tangible growth from 2012 to 2024: its value increased at an average annual rate of +3.3% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -3.7% against 2022 indices.

Graph and download economic data for Producer Price Index by Commodity for Pulp, Paper, and Allied Products: Polypropylene/Polypropylene Multiweb Laminated Rolls and Sheets, for Flexible Packaging Uses (WPU091303223) from Dec 2011 to Jan 2019 about flexible, paper, commodities, PPI, inflation, price index, indexes, price, and USA.

The average price of propylene amounted to some 865 U.S. dollars per metric ton in 2023, down from 865 dollars per metric ton one year earlier. Production and uses of propylene Propylene, also known as propene, ranks as the second most-consumed primary petrochemical worldwide, only after ethylene. In 2022, propylene accounted for 22 percent of the global primary petrochemical consumption. Most of the propylene produced is used to manufacture polypropylene, one of the most common thermoplastic materials used today. The petrochemical compound is also used extensively as a building block to produce diverse chemicals such as isopropyl alcohol, propylene oxide, acrylonitrile, and acrylic acid. In 2020, the global production capacity of propylene stood at 133 million metric tons. Polypropylene market The market volume of polypropylene is forecast to follow an increasing trend during the next years, reaching approximately 100 million metric tons by 2029. Similarly, the market value of the compound is expected to increase by more than 30 percent in 2029 in comparison with 2021. Similarly to the development of the price of propylene during the last year, the average price of polypropylene in 2023 showed a small decrease in comparison with 2022.

The polypropylene glycol prices in India for Q2 2022 reached 1420 USD/MT in June. The market saw a decrease during the second quarter due to weaker requirements from end-user sectors and stable supply levels. The lower cost of feedstock materials, along with adequate inventory, facilitated this price decline. Market conditions were also influenced by moderated cost pressures and steady consumption trends in the region.

Polypropylene Glycol Prices June 2022

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The propylene prices in the United States for Q3 2024 reached 1130 USD/MT in September. The region faced supply issues and increased demand, with maintenance shutdowns and delays tightening availability. July saw prices surge with higher feedstock costs. Furthermore, September showed a dip due to decreased automotive sector orders, but an overall upward trend remained.

In Q3 2024, the Recycled Polypropylene (R-PP) market in North America faced a challenging environment, characterized by declining prices and subdued market activity.

China Settlement Price: Dalian Commodity Exchange: Polypropylene: 1st month data was reported at 7,312.000 RMB/Ton in 26 Mar 2025. This records a decrease from the previous number of 7,322.000 RMB/Ton for 25 Mar 2025. China Settlement Price: Dalian Commodity Exchange: Polypropylene: 1st month data is updated daily, averaging 8,314.000 RMB/Ton from Feb 2014 (Median) to 26 Mar 2025, with 2694 observations. The data reached an all-time high of 12,035.000 RMB/Ton in 16 Jun 2014 and a record low of 5,874.000 RMB/Ton in 14 Jan 2016. China Settlement Price: Dalian Commodity Exchange: Polypropylene: 1st month data remains active status in CEIC and is reported by Dalian Commodity Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Dalian Commodity Exchange: Commodity Futures: Settlement Price: Daily.

In 2024, the Asia-Pacific polypropylene in primary forms market decreased by -3.8% to $52.5B, falling for the second consecutive year after two years of growth. The total consumption indicated measured growth from 2012 to 2024: its value increased at an average annual rate of +3.5% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -4.6% against 2022 indices.

Global polypropylene (PP) prices have increased significantly in 2021, and reached 2,734 U.S. dollars per metric ton on March 10, 2021. This was an increase of roughly 80 percent compared to prices on January 6, 2021. In February 2021, winter storm Uri hit the United States, causing an energy crisis in Texas. Chemical plants in Texas suffered power outages - including the world's largest petrochemical complex - leading to major supply chain disruptions. As a result, polypropylene prices soared.

Graph and download economic data for Producer Price Index by Industry: Plastics Material and Resin Manufacturing (PCU325211325211) from Jun 1976 to Feb 2025 about resin, plastics, materials, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

Explore how polypropylene prices in 2023 are affected by global oil prices, supply-demand dynamics, and geopolitical factors. Understand the complex interplay influencing this versatile thermoplastic's cost in various industries.

United States - Producer Price Index by Commodity for Pulp, Paper, and Allied Products: Polypropylene/Polypropylene Multiweb Laminated Rolls and Sheets, for Flexible Packaging Uses was 114.60000 Index Dec 2011=100 in January of 2019, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity for Pulp, Paper, and Allied Products: Polypropylene/Polypropylene Multiweb Laminated Rolls and Sheets, for Flexible Packaging Uses reached a record high of 115.50000 in March of 2018 and a record low of 98.30000 in January of 2012. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity for Pulp, Paper, and Allied Products: Polypropylene/Polypropylene Multiweb Laminated Rolls and Sheets, for Flexible Packaging Uses - last updated from the United States Federal Reserve on March of 2025.

China Settlement Price: Dailian Commodity Exchange: Polypropylene: 5th Month data was reported at 7,375.000 RMB/Ton in Feb 2025. This records an increase from the previous number of 7,370.000 RMB/Ton for Jan 2025. China Settlement Price: Dailian Commodity Exchange: Polypropylene: 5th Month data is updated monthly, averaging 8,055.000 RMB/Ton from Feb 2014 (Median) to Feb 2025, with 133 observations. The data reached an all-time high of 10,943.000 RMB/Ton in May 2014 and a record low of 5,859.000 RMB/Ton in Dec 2015. China Settlement Price: Dailian Commodity Exchange: Polypropylene: 5th Month data remains active status in CEIC and is reported by Dalian Commodity Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Dalian Commodity Exchange: Commodity Futures: Settlement Price.

The cost of polypropylene glass-filled compound (PPGFC) varied a lot in India in Q4 2023. Bullish attitude, steady supply, and rising demand from downstream sectors all had an impact on the market. The rising costs of crude oil and polypropylene (PP) feedstock brought attention to supply limitations among investors. PPGFC demand skyrocketed, especially in the car industry due to higher consumer spending during holidays like Diwali.

Polypropylene Glass Filled Compound Prices December 2023

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