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The North American polypropylene (PP) market exhibited predominantly bullish conditions during Q1 2025, with prices increasing by approximately 9%. This was driven by production disruptions, force majeures, and adverse weather conditions. In January, production rates remained below 80% due to the shutdown of LyondellBasell's Houston refinery, contributing to tight supply. Spot prices rose 5.5 cents/lb. as panic buying ensued following announced price hikes of USD 66/MT by major producers.
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Why did the Polypropylene (PP) Price Change in July 2025? The Polypropylene (PP) spot price decreased by approximately 10.9% quarter-over-quarter in Q2 2025, reflected in a declining Price Index.
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https://www.chemanalyst.com/ChemAnalyst/Privacypolicyhttps://www.chemanalyst.com/ChemAnalyst/Privacypolicy
The North American polypropylene (PP) market exhibited predominantly bullish conditions during Q1 2025, with prices increasing by approximately 9%. This was driven by production disruptions, force majeures, and adverse weather conditions. In January, production rates remained below 80% due to the shutdown of LyondellBasell's Houston refinery, contributing to tight supply. Spot prices rose 5.5 cents/lb. as panic buying ensued following announced price hikes of USD 66/MT by major producers.