Polypropylene Prices, News, Demand and Supply | ChemAnalyst

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Polypropylene Prices Overview
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Market Overview Quarterly Update on Global
Polypropylene Market Asia   The Q3 results of
the Asian Polypropylene remained lull despite
gradual pick up in the economy in the third
quarter. In southeast Asia and India, fears of a
second Covid-19 wave extended semi-lockdowns in
several countries, pressuring the recovery in
demand for the finished plastic products. Polymer
prices in southeast and south Asia remained
suppressed in the mid-August because of weak
fundamentals but rebounded in the initial weeks
of September when supply tightened due to lesser
US-origin PP supplies to Asia backed with robust
PP demand in China. Get more info
https//www.chemanalyst.com/Pricing-data/polypropy
lene-10
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Polypropylene Prices Overview
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North America   North America remained silent in
terms of showing any big move as several US
manufacturers remained shut and production loss
aggravated. Two major players LyondellBasell and
INEOS declared force majeure on polypropylene
(PP) production during the quarter while they
opted for precautionary shutdowns ahead of the
hurricane Laura, thereby restricting global
availability of the product. Polypropylene prices
took a substantial leap during the quarter with
limited export activity with major increases
expected in the next two months.   Europe   PP
demand seemed to improve during Q3 2020 with the
demand in Europe gradually improving towards the
end of the year, turning notably stronger than in
Asia. Resilient demand from the automotive and
medical sector further strengthened the market
outlook. Totals force majeure on the PP plant,
announced in early August, did not impact the
market negatively, as other producers reported
lesser inventories while buying activity seems
turning largely to pre-pandemic levels in the
upcoming quarter. How we can help ChemAnalyst
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Polypropylene Prices Overview
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• Methodology
• ChemAnalyst gathers information through primary
  research surveys conducted with various
  Polypropylene manufacturers, spread across
  the domestic and international markets, suppliers
  and dealers/distributors to gain insights
  into value-chains and demand-supply scenario to
  assess the market situation. Thorough study of
  the companys annual reports and secondary
  sources such as exhaustive search on credible
  paid databases, including our internal database
  is done to verify the information. All the
  collected information is analyzed, evaluated and
  presented in chronological order to depict a
  meaningful and clear picture of the concerned
  market.
•  
• Our dedicated team of industry experts
  comprehensively monitors and analyzes various
  aspects of the Global Polypropylene market. The
  team analyzes various industrial segments,
  strategic viewpoints and provides an analysis of
  the industrys performance in the long run. This
  would enable our clients in efficiently plan
  their future investments, mitigate risk,
  understand the cost dynamics and strike out a
  balance amidst market volatility.
•  
• Critical examination of the impact of COVID-19
  pandemic on the global supply chains and shift in
  demand patterns with change in buying behavior of
  consumers across the globe.
•  
• Several ongoing development projects across
  industries are tracked, followed by the details
  of major projects in the development stage, which
  can positively or negatively influence Global
  Polypropylene market.
•  
• Pricing is captured through exhaustive primary
  interviews with domestic and international
  manufacturers, traders and importers and
  customers on daily, weekly, monthly and yearly
  basis.
•  
• Finally, region-specific markets for
  Polypropylene are analyzed and region-wise demand
  pattern is tracked.

4
Polypropylene Prices Overview
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• About
• Polypropylene is the worlds second most consumed
  polymer in the world, possessing remarkable
  characteristics such as strength, rigidity and
  the ability to be produced in a variety of
  molecular weights and crystallinities. Around 30
  of the global PP demand comes from packaging
  applications, among versatile sectors (such
  as-automotive, sports equipment, clothing,
  medical components etc.) that it serves.
  Polypropylene is globally manufactured from the
  polymerization of feedstock Propylene gas in the
  presence of a catalyst, which could be either
  Ziegler-Natta or a metallocene catalyst. Various
  polymerization conditions (temperature, pressure
  and reactant concentrations) are considered as
  per the polymer grade required. The
  polymerization conditions may include either a
  gas-phase (fluidized bed or stirred reactor) or a
  liquid-phase process (slurry or solution). Most
  of the PP products are processed by Extrusion
  Blow Molding, Injection Molding, and
  General-Purpose Extrusion processes. Different
  grades of PP produced such as Homopolymers,
  Random Copolymer, Impact Copolymer,
  Thermoforming, Films etc. using these processes
  are used for different set of applications in
  several downstream industries.