Polypropylene Market Outlook: India 2026

Asia PP: Prices fall on weak demand / Chinese inventories up / Hyosung to shut 2 PP units end-Oct for maintenance

Jun 06, 2026

The Asian polypropylene market was weaker due to pricing pressure in the week to Oct. 22. Most of the discussions centered around duty free, or non-dutiable cargoes, with few offers heard for Middle East cargoes, buyers and sellers said. A producer said buyers adopted a wait-and-see approach due to weak demand and falling prices. Chinese inventories were heard at around 790,000 mt, higher by 10,000 mt, according to a China-based analyst. The Dalian futures exchange for January deliveries settled at Yuan 6,619/mt ex-tank, up Yuan 47/mt day over day. Historically, there was a wider price difference between copolymers and homopolymers due to production cost variations, China-based traders said. This gap has narrowed to approximately Yuan 100-200/mt, attributed to the proliferation of ethylene supply in China, traders said. Meanwhile, downward pricing...

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