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China PP industry suffers pressure of oversupply

China PP capacity rose fast, but the downstream demand saw insufficient increase. The oversupply pressure weighed on the PP market more significantly

03-11-2025 18:06:13

PP industry sees booming capacity expansion

Shandong (JLC), May 16, 2024---China’s PP industry sees a surge in capacity expansion this year, and South China ranks first in regional capacity.

05-16-2024 15:04:00

China PP industry faces intense supply pressure

Shandong (JLC), April 23, 2024—When the decreasing capacity PP utilization rate has failed to alleviate supply pressure, the PP industry has called upon an industry upgrade and transformation.

04-23-2024 00:00:00

2023 PP industry production margin analysis by techniques

Shandong (JLC), January 24, 2024--Coal-based technique was the only one that gained production margin among all techniques in PP industry in 2023, while most techniques performed better than that in 2

01-24-2024 10:40:34

PP industry margins rise on year, but still lower

?Shandong (JLC), November 20, 2023--Production margins of PP producers increased in January-October due to falling feedstock prices, but were largely negative.

11-20-2023 17:00:29

China PP industry profit analysis in Sep

China PP prices fell after rising in September, and the monthly average price rose by 6% month on month. But the profits of oil-based, methanol-based and PDH-based PP plants were poor generally.

09-28-2023 17:04:20

China PP industry slacks amid power rationing

Shandong (JLC), August 16, 2022—China PP units underwent shutdown or run rate reduction amid electricity limitation, and downstream demand remained weak.

08-16-2022 11:35:21

China PP Industry Margin Analysis in 2020

Shandong (JLC), December 31, 2020-In 2020, profits of PP producers moved up during January-April, and fluctuated widely from May.

12-31-2020 16:57:28

Competition pattern in PP industry

China PP industry is a industry with ongoing capacity increases and diversified development. Furthermore, the market competition was stiffer amid uncertainties in macro economic environment and feedstock diversification.

01-31-2019 17:16:48

2018 PP industry highlight 2: price rises above CNY 10,000/mt

During January-August of 2018, China’s PP price moved within CNY 8,450-9,800/mt.

01-24-2019 17:07:03

2018 PP industry highlight 1: Sino-U.S. trade friction

The Sino-U.S. trade friction impacted on more the export of China’s plastic products. China exported about 3 million mt polyolefin products to the U.S. in 2017, taking up 6% of China’s total polyolefin products.

01-24-2019 16:45:54

Deposit-reserve ratio decline to benefit PP industry

Guidance: On April 17th, China’s Central Bank published to cut the deposit-reserve ratio by 1 percentage points for large-scale commercial banks, joint-stock commercial banks, city commercial banks, non-county-level rural commercial banks, and foreign banks.

04-23-2018 17:44:27

PP industry moved into a new period of capacity expansion

PP capacity increased robustly from 2010, and the gap between chemical demand and output provided opportunity for the development of coal chemical.

04-01-2017 16:41:30

PDH unit will get more attention in PP industry

The capacity of China PP units continued increasing with a high growth rate in 2012-2016. As to the growth in the future, PDH unit will get more and more attention though most of newly-built capacity additions in the future are CTO units. Why will PDH units get more attention?

01-25-2017 14:28:02

Hebei Province published a policy to against smog, making a difference on PP industry

Entering October, 2016, PM2.5 in Shijiazhuang City exceeded 60% of the average volume, becoming a most heavily polluted city in Jing-Jin-Ji region.

11-24-2016 16:36:33

Analysis on operation situation of China BOPP industry in Sep 2016

BOPP market moved into its traditional busy season since September. BOPP price decreased along with PP price decreasing. But the downstream companies purchased depending on rigid demand, making BOPP demand increase.

10-11-2016 15:19:39

Problems stem from the New capacity additions in the PP industry

China domestic PP capacity increased to 18.31 million mt/yr in 2016 from the volume 16.26 million mt/yr in 2014, up by 2.05 million mt/yr. The new capacities mainly concentrated in Northwest China,

09-01-2016 09:50:50

How does CPP industry respond to capacity cut reform

The keynote of China domestic economy is to carry out the requirements from the 13th five-year plan in 2016. The country will further propel structural reform and economic development. China determined to deal with the excess manufacturing capacity.

07-25-2016 17:10:49

Forecast on PP industry in 2016

The PP market supply and demand might be affected by capacity expansions and quotations might vary based on complicated situations

03-11-2016 17:05:31

2016 China PP industry unit maintenance & operation form

With the rapid growth of PP industry, more and more enterprises increased production which led to market imbalance of supply and demand. How would the situation of unit maintenance and operation confront? How would the PP industry develop?

02-24-2016 09:19:49

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