Despite the fact that shipping disruptions in the Strait of Hormuz continue to impact the global chemical supply chain—taking nearly 20% of ethylene production capacity

On October 19, data from the General Administration of Customs of China revealed that China's imports of plastics in primary forms totaled 1.82 million tonnes

On October 14, the 18th Polypropylene Production Technology Exchange Conference was held in Nanjing. Experts at the event noted that the rapid expansion of polypropylene

Daniel Mitchell, Executive President of the Colombian Association of Plastics and Rubber Industries (Acoplásticos), stated that the sector is projected to see production growth exceeding

Macroeconomics 1. [M2] Central Bank: At the end of September, the outstanding balance of broad money (M2) stood at 359.63 trillion RMB, up 7.2% year-on-year. The

Following the National Day holiday, domestic polypropylene spot prices experienced a sharp rally. On the first trading day after the break, mainstream spot quotes for

Approximately 420 deals were recorded in 2025—a 5% year-over-year increase and the fourth consecutive year of growth. Transaction activity is driven by generational retirements, abundant

According to the data from SunSirs spot trading channel, as we enter September, the domestic PP market first surged and then consolidated, with prices of

As of mid-September, global chemical prices are undergoing volatile adjustments. A combination of strong fluctuations in crude oil prices, regional supply-demand mismatches, and shifting downstream

Tensions in the Strait of Hormuz have triggered a rebound in crude oil prices, providing strong cost support for polypropylene (PP) spot prices. Consequently, quotes

In 2026, polypropylene (PP) prices experienced heightened volatility and frequent surges. Spot prices climbed from 6,300 at the start of the year to break the

According to data from SunSirs, the domestic polypropylene (PP) market maintained a positive trend during the first half of September, with price increases across various

According to data from SunSirs, the domestic polypropylene (PP) market rebounded in August after an initial decline, with prices rising across various grades. As of

On August 22, 2026, the comprehensive benchmark price for  PP (polypropylene) tracked by SunSirs stood at 9246.67 RMB/tonne, compared to 9,020 RMB/tonne on August 1.

【Market Analysis】 For the week ending August 14, the operating rate of downstream PP sectors fell by 0.08 percentage points week-on-week to 44.55%. Downstream willingness to

On August 14, 2026, the composite benchmark price for fiber-grade PP (as tracked by SunSirs) stood at 8,993.33 RMB/tonne, down slightly from the 9,020 RMB/tonne

According to data from SunSirs, the domestic PP market saw significant gains in July, with prices raised across various grades. As of July 31, the

In July, ongoing geopolitical tensions and risks to energy supplies bolstered cost-side support. Simultaneously, a concurrent contraction in industry supply and demand drove a period

Macroeconomics 1. [Fed Interest Rates] The Federal Reserve announced that the Federal Open Market Committee (FOMC) agreed to maintain the target range for the federal funds