hebang
/
/
Reasons for the price fluctuation of polypropylene (PP) resin

Reasons for the price fluctuation of polypropylene (PP) resin

  • Categories:News
  • Author:
  • Origin:
  • Time of issue:2022-07-11 16:44
  • Views:

(Summary description)The price of polypropylene resin (PP) began to fall after a crazy price increase. On October 22, the futures spread of polypropylene resin was -353. Why did the price of polypropylene fall?

Reasons for the price fluctuation of polypropylene (PP) resin

(Summary description)The price of polypropylene resin (PP) began to fall after a crazy price increase. On October 22, the futures spread of polypropylene resin was -353. Why did the price of polypropylene fall?

  • Categories:News
  • Author:
  • Origin:
  • Time of issue:2022-07-11 16:44
  • Views:
Information

Reasons for the price fluctuation of polypropylene (PP) resin

The price of polypropylene resin (PP) began to fall after a crazy price increase. On October 22, the futures spread of polypropylene resin was -353. Why did the price of polypropylene fall?

weekly-resin-report-peshkov-Adobe-1540X800

 

Everything from it’s source, let's first understand what polypropylene is.

Polypropylene (Polypropylene or polypropene) is abbreviated as PP, which is polymerized from propylene and is the second largest sector of the petrochemical industry. It is a non-toxic, colorless, odorless, odorless, milky white translucent solid granular substance with the molecular formula -[CH2CH(CH3)]n-. The density is generally 0.90~0.91/cm3, which is one of the lightest types of all plastics. j Polypropylene has excellent waterproof performance, the water absorption rate in water is only 0.01%, and the molding performance is excellent, the processed product has good gloss, and can be made into various colors according to needs.

 

1

 

Because of these properties, polypropylene has a very wide range of applications. The currently known application areas include: packaging, pipes and sheets, auto parts, consumer goods, industry, clothing, textiles, and medical applications.

 

AssetVault

 

 

As global energy prices continue to rise, as an important part of the petrochemical industry, the price of polypropylene has risen accordingly. In addition, affected by the global epidemic, many petrochemical plants have difficulty resuming work and production, resulting in capacity vacancies, making polypropylene a seller's market. Polypropylene is also an important raw material for many medical equipment and personal protective equipment. The demand for medical supplies caused by the epidemic has also contributed to the increase in the price of polypropylene.

 

However, Too much water drowned the miller. The price of polypropylene will inevitably fall after experiencing an increase. The reason is as follows.

Where there is a profit, there is the entry of capital. Although global crude oil prices have been rising, power crises have frequently appeared, it still can't stop the enthusiasm of capital. The productivity restarts and the establishment of new petrochemical plants in Europe and the United States have quickly reached a balance between supply and demand in the market, which made polypropylene quickly return from the seller’s market to the seller’s market.

 

Petrochemical-Industry

It is that the epidemics in various countries have been brought under control, and there has not been a new round of major outbreaks. People have a new understanding of the epidemic and anti-epidemic, and there is no panic and confusion at the beginning of the epidemic. The momentum of overconsumption of medical supplies has declined, so that there is no new demand growth to consume capacity too quickly, which has caused the price of polypropylene to fall.

未标题-1

 

No matter how the price of polypropylene fluctuates, as one of China's important polypropylene export companies, we will still insist on providing customers with high-quality products and quality services. We always keep sufficient stock in our major warehouses and deliver goods at any time. Welcome new and old customers to patronize.

Keyword:

What's new

Polypropylene Injection Molding Grade - Everything You Need to Know
Polypropylene Injection Molding Grade - Everything You Need to Know
Discover the ins and outs of polypropylene injection molding grade in the chemical industry. Gain valuable insights into its properties, applications, and benefits for various synthetic resin and fibe
Detail
Discover the ins and outs of polypropylene injection molding grade in the chemical industry. Gain valuable insights into its properties, applications, and benefits for various synthetic resin and fibe
Benefits of Using Polypropylene Injection Molding Grade in Resin and Fiber Manufacturing
Benefits of Using Polypropylene Injection Molding Grade in Resin and Fiber Manufacturing
Discover the numerous advantages of employing polypropylene injection molding grade in the manufacturing processes of resin and fiber materials. Learn how this high-quality material enhances product p
Detail
Discover the numerous advantages of employing polypropylene injection molding grade in the manufacturing processes of resin and fiber materials. Learn how this high-quality material enhances product p
Polypropylene Injection Molding Grade: Essential Information for the Chemical Industry
Polypropylene Injection Molding Grade: Essential Information for the Chemical Industry
Discover the key details about polypropylene injection molding grade, the importance of this resin in the chemical industry, and how it enhances manufacturing processes. Gain valuable insights into th
Detail
Discover the key details about polypropylene injection molding grade, the importance of this resin in the chemical industry, and how it enhances manufacturing processes. Gain valuable insights into th
Why Polypropylene Injection Molding Grade is Essential for Chemical Industry
Why Polypropylene Injection Molding Grade is Essential for Chemical Industry
Discover why the use of polypropylene injection molding grade is crucial for the chemical industry and its various applications. Learn about the benefits and versatility of this material, as well as i
Detail
Discover why the use of polypropylene injection molding grade is crucial for the chemical industry and its various applications. Learn about the benefits and versatility of this material, as well as i

Have questions? We have answers !

留言应用名称:
客户留言
描述:
验证码

Hi,Create an environmentally friendly production enterprise

Contact us

Tel:0086-0379-67215688
Telphone:+86 17395927477
Email:sales@dazisuye.com

Web:https://www.dazisuye.com
Add:Nanlicun Town Industrial park,xin'an County,luoyang,471800,China

weixin
weixin

放样式的

放样式的

Time of issue:2022-08-06 11:27:16

© Luoyang Dazi Plastic Industry Co., Ltd.    Powerby: :300.cn