Polypropylene fell to 6,508 CNY/T on October 17, 2025, down 0.25% from the previous day. Over the past month, Polypropylene's price has fallen 5.49%, and is down 12.83% compared to the same time last year, 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 *** U.S. dollars per ton – a decrease of *** U.S. dollars, compared with the previous years. The global polypropylene market The global polypropylene market was valued at ****** billion U.S. dollars in 2022. The global PP market is projected to continue growing over the next decade, registering a CAGR of *** percent during the forecast period of 2023 to 2030 to reach a value of ****** 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.

Explore the dynamics impacting polypropylene prices, ranging from $1 to $2 per kg, influenced by global supply, demand, and oil market fluctuations. Discover how COVID-19, regional variations, and sustainable practices shape the industry, alongside strategies for mitigating price volatility risks.

Explore the factors influencing polypropylene granule prices, including oil market fluctuations, regional demand, and global supply chain dynamics, to make informed purchasing decisions in the plastics industry.

The average price of propylene amounted to some *** U.S. dollars per metric ton in 2023, down from *** 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 ** 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 *** 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 ** 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.

Why did the Propylene Price Change in July 2025? The Propylene Price Index in APAC declined by 5.1% over Q2 2025 compared with Q1. Prices settled at USD 876/MT, Propylene FOB Qingdao by the end of June.

Explore the dynamics influencing propylene glycol prices, including raw material costs, production methods, and market conditions, and learn how to navigate the price fluctuations amid global demand and supply chain challenges.

Polyethylene fell to 6,868 CNY/T on October 17, 2025, down 0.30% from the previous day. Over the past month, Polyethylene's price has fallen 4.06%, and is down 16.93% compared to the same time last year, 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 Polyethylene.

Explore the factors affecting polypropylene pricing, including global oil prices, supply and demand dynamics, and regional conditions. Understand how these variables influence cost per kilogram and impact industries like packaging and automotive in late 2023.

Explore the dynamic pricing of propylene, a key petrochemical industry raw material, influenced by crude oil prices, industrial demand, and geopolitical factors. Stay informed with insights on market trends and environmental impacts affecting propylene's market value.

Why did the Propylene Carbonate Price Change in July 2025? The Propylene Carbonate Price Index in China declined by 4.3% quarter-on-quarter, settling at approximately USD 935/tonne FOB Qingdao by the end of June.

The global price of polyethylene terephthalate (PET) in 2022 was ******* U.S. dollars per metric ton, showing an increase from the previous year's value of ******* U.S. dollars per metric ton. PET is extensively used in the textile industry to make polyester fibers, as well as for various packaging applications like beverage bottles, food containers, and personal care products. PET market outlook This increase in the global price of PET coincides with a rise in the market value of PET worldwide, which reached ***** billion U.S. dollars in 2022, up from ***** billion U.S. dollars in 2021. The market value is projected to continue growing, reaching an estimated ***** billion U.S. dollars by 2030. This growth in market value is reflective of the increasing demand for PET, with the global market volume of PET reaching ***** million metric tons in 2022, up from ***** million metric tons in 2015. Environmental footprint of PET and bioplastic PET PET is a widely used plastic with various applications, but its production and usage come with environmental concerns. Although it is entirely recyclable, traditional PET is derived from non-renewable resources and is not biodegradable, contributing to plastic pollution and resource depletion. In response, there has been growing interest in bioplastic PET, which is made from renewable resources and is biodegradable. However, despite its potential benefits, there is a forecasted decline in the production capacity of bioplastic PET. In 2023, the production capacity stood at ***, but it is forecasted to drop to *** by 2028. While bioplastic PET is made from renewable resources and is biodegradable, it still has some environmental downsides. For instance, the production process for bioplastic PET can be energy-intensive and water-consuming, and the biodegradation process may release methane, a potent greenhouse gas. As a result, some companies are exploring even more sustainable bioplastic alternatives, such as plant-based materials like polylactic acid (PLA) or fully biodegradable plastics like polyhydroxyalkanoates (PHA).

Explore the key factors influencing the pricing of propylene oxide, an essential industrial chemical used in making polyurethanes and propylene glycol. Understand how production methods, demand dynamics, market regulations, and innovations impact its cost.

Explore the dynamics of polymer pricing, influenced by factors such as type, market demand, and geopolitical events. Understand how common polymers like polyethylene, polypropylene, polystyrene, and PVC have their prices shaped by raw material costs, production factors, and sustainability trends in the manufacturing sector.

The average price of ethylene worldwide amounted to some *** U.S. dollars per metric ton in 2023. The global production capacity of ethylene reached approximately ****** million tons in 2022. Petrochemical products Ethylene is the most commonly used petrochemical globally. A major part of its production is used to produce polyethylene, a common plastic material that accounts for roughly ** percent of global thermoplastic production. Other ethylene-derived products include ethylene glycol, ethylene dichloride, and styrene. Apart from ethylene, other widely produced petrochemicals are propylene, methanol, and paraxylene. Together they account for over ** percent of the global upstream petrochemical capacity. Petrochemical prices Petrochemical prices are highly dependent on the price of oil and related products. Feedstock costs represent the largest share of petrochemical production costs, ahead of fixed costs, power, and transportation. As with oil prices, the price of petrochemical products fell sharply during 2020, following the outbreak of the COVID-19 pandemic. That year, petrochemicals such as ethylene, propylene, or benzene registered the lowest price in recent years, although they picked up shortly after.

The average global price of polyvinyl chloride (PVC) in 2023 was *** U.S. dollars per metric ton, which represents a decrease from the previous year’s average price of ***** U.S. dollars per metric ton. Global PVC market value The price of PVC is influenced by several factors, such as supply and demand, feedstock costs, environmental regulations, and trade policies. In October 2024, the global monthly market for PVC was valued at *** billion U.S. dollars per metric ton, the lowest valuation since May 2020. What are the alternatives to PVC? PVC is a widely used plastic material that has many applications in various industries, but its environmental and human health impacts present some drawbacks. As a result, there have been a number of efforts to develop alternatives to PVC that use natural, biodegradable, or recyclable materials. Some of these alternative plastic polymers include polypropylene (PP) and polyethylene terephthalate (PET) which offer better recyclability and lower emissions. Paper-based alternatives also exist, which are both renewable and compostable, making them an eco-friendly option for packaging and disposable items. Other alternatives include polylactic acid (PLA), derived from plant sources, which is also biodegradable and ideal for food packaging and 3D printing; wool felt, a natural material with water resistance and insulation properties, suitable for clothing and crafts; and bioplastics, made from renewable biomass sources such as vegetable fats and oils, corn starch, or pea starch. These alternatives offer various benefits and challenges depending on the intended use and material availability.

In March 2025, the average polypropylene in primary forms export price amounted to $907 per ton, dropping by -15.8% against the previous month.

Explore the factors affecting polymer costs per kilogram, such as type, market demand, and regional influences, with insights on common polymers like polyethylene, polypropylene, polystyrene, and PVC. Understand how geopolitical factors and advancements like biopolymers influence pricing.

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In 2023, approx. 102 kg of methyloxirane (propylene oxide) were imported into Turkey; increasing by 15% against 2022.