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Oman (Oman) 73.46 Brent 73.58 Brent Dtd (UK) 73.18 Dubai (UAE) 73.43 SC crude contract 545.2 Shengli (China) 72.33 WTI 70.10 Oman (Oman) 73.46 Brent 73.58 Brent Dtd (UK) 73.18 Dubai (UAE) 73.43 SC crude contract 545.2 Shengli (China) 72.33 WTI 70.10

China PP prices hit new low in H1 2023

3:00pm 14 Jun, 2023 Scarlett Shi

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Relevant information

PP prices keep range-bound

PP granule output up on year in Jan-Nov

PP powder prices slightly rise on supports

Dec PP output expected to rise on unit operations, restarts

PP supply expected to rise significantly in following month

Rising plastic output fails to drive up PP market

PP powder prices stable-to-falling on low costs

China’s PP output losses increase in Oct

PP market stays tepid on weak demand

Narrowing spread btw PP powder and propylene weighs on margins