Asia PP Price Trend: Weak Demand & Glut

Asia PP: Prices weak on lackluster demand / CNOOC Daxie to start new PP line in mid-Sep / Ample inventory

Jun 09, 2026

The Asian polypropylene market was weak in the week to Sept. 10 on lower discussions. Buying demand for all homopolymer and copolymer grades in China was heard to be extremely weak due to sufficient supplies. Chinese inventories were heard to be high. Many Southeast Asian converters were heard to be buying locally due to sufficient supplies from local factories. Some Chinese traders pointed to India’s Oct. 24 deadline for implementing the Bureau of Indian Standards mandate on PP and said Chinese imports to India would slow from now on. Some traders were targeting exporting to Europe, of the copolymer grades. Offers for Asian origin to Europe were heard at around Eur1,050/mt for copolymer. Some Chinese-origin material was also heard arriving in South America, with the container rate from North Asia...

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