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Asian PP: Prices stable amid thin trading activity  / Buyers heard holding high inventories  / Macroeconomic uncertainty weigh on demand

Asian PP: Prices stable amid thin trading activity / Buyers heard holding high inventories / Macroeconomic uncertainty weigh on demand

Jul 17, 2025

The Asian polypropylene market was stable in the week to July 16 amid thin trading activity. Market sources said buyers were holding high inventories; however, discussions in Southeast Asia remained thin, and the overall outlook stayed bleak. Most traders expect the ongoing tariff conflict to impact the affected countries' gross domestic product. Consequently, overall polymer and recycled polymer consumption is anticipated to remain slow throughout the remainder of 2025. Unpredictable finished product demand has disrupted converters' production plans. Additionally, high household debt and a decline in foreign tourists have slowed most Southeast Asian economies. Traders noted that volatility and uncertainty surrounding tariffs have further pushed supply down. Despite these factors, sources said trading activity remained largely subdued, with participants closely monitoring market updates for fresh pricing cues. Easing container freight...

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