Welcome To ChemAnalyst
The U.S. polypropylene market ended June on a weak footing, with lower feedstock costs and subdued downstream demand continuing to weigh on prices. By the end of June, limited purchasing activity and competitive seller pricing reflected cautious buyer sentiment despite stable production levels. The Copolymer DEL Houston benchmark recorded a monthly decline, highlighting the broader weakness across polypropylene grades. Lower polymer-grade propylene prices and uninterrupted resin production further contributed to softer market conditions, while temporary supply disruptions at a Texas facility had only a limited impact on overall availability. Looking ahead, the market is expected to remain under pressure unless downstream demand strengthens or feedstock costs begin to recover.
U.S. polypropylene prices declined throughout June, with values falling by around ** compared to the previous week and the market ending the month under significant downward pressure due to weaker feedstock costs and subdued demand. Tight spot availability for copolymer grades provided temporary price support during early June, but this was gradually offset by slowing downstream consumption and declining upstream costs. By the latter half of the month, steady production, ample product availability, and cautious purchasing activity intensified competitive pricing, resulting in further declines in polypropylene values toward month-end.
Upstream dynamics played a key role in the market decline, as lower polymer-grade propylene prices reduced polypropylene production costs and weakened cost support for resin producers. According to ChemAnalyst data, polymer-grade propylene prices declined during June, encouraging suppliers to offer resin at more competitive levels. ChemAnalyst analysis also indicates that force majeure events at the...
We use cookies to deliver the best possible experience on our website. To learn more, visit our Privacy Policy. By continuing to use this site or by closing this box, you consent to our use of cookies. More info.
