Chemicals Updates

Asian PP: Stable to $5/mt lower amid weak demand, rising availabilities / Sentiment stable to soft amid emerging spot supplies / Uncertainty over US tariffs trigger disruption in end-user supply chain

Aug 07, 2025

The Asian polypropylene market ended the Aug. 6 trading week on a stable to soft note as weak end-user demand and rising supplies weighed on prices across the region. With trade activity largely muted, trade sources noted that demand was sluggish, as buyers preferred to adopt a wait-andsee stance amid uncertainties surrounding US tariffs. Suppliers noted that the majority of buyers showed little appetite for imported materials and instead procured materials domestically. Furthermore, there was a shift in buying patterns, where end-users purchased just enough to meet immediate needs without accumulating additional stocks, sources added. In the key China market, an inventory buildup exerted downward pressure on domestic prices. PP raffia in east China was heard to be trading at Yuan 7,030-7,080/mt on Aug. 6, down Yuan 50/mt from the...

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