For the Quarter Ending December 2025
North America
• The Polypropylene Filament Yarn Price Index showed modest weakening in Q4 2025, driven by balanced supply and softer demand from manufacturing and construction sectors.
• Polypropylene Filament Yarn Spot Price trended lower towards the end of the quarter, as ample PP-based and spunbond inventories eased prompt price support despite steady volumes in healthcare and hygiene applications.
• Polypropylene Filament Yarn Production Cost Trend remained subdued, with stable raw polymer (polypropylene) and energy costs limiting cost pressure and keeping supplier pricing power muted.
• Polypropylene Filament Yarn Demand Outlook softened in the short term, as seasonal year-end stocking in hygiene and medical applications tapered and broader industrial demand cooled in Q4.
• Polypropylene Filament Yarn Price Forecast signals limited near-term upside, with a cautious outlook into early 2026 due to balanced inventories and moderated seasonal restocking expectations.
• Inventory accumulation and steady production flows pressured offers, contributing to restrained spot activity and a softer regional Price Index toward quarter-end.
Why did the price of Polypropylene Filament Yarn change in December 2025 in North America?
• Ample regional inventories and normalized import supply eased near-term tightness, dampening Polypropylene Filament Yarn Spot Price.
• Weaker manufacturing and construction demand during year-end buying cycles reduced restocking urgency, softening the Price Index.
APAC
• In India, the Polypropylene Filament Yarn Price Index fell by 6.75% quarter-over-quarter, reflecting weaker feedstock costs.
• The average Polypropylene Filament Yarn price for the quarter was approximately USD 1378.24/MT, across domestic hubs.
• Polypropylene Filament Yarn Spot Price eased, as balanced supply and measured buying, combined with logistical disruptions, prevented any upward momentum.
• Polypropylene Filament Yarn Production Cost Trend remained muted, with stable polypropylene feedstock limiting cost-push support for higher pricing.
• Polypropylene Filament Yarn Price Forecast points to limited near-term gains, as seasonal textile restocking provides only minor support amid a generally soft market.
• Polypropylene Filament Yarn Demand Outlook remained weak, with moderate export redirection, tariffs, and cautious domestic consumption restraining offtake.
• Price Index movements were constrained, influenced by comfortable inventories, steady mill operations, and limited import pressure, reinforcing a subdued market tone.
• Market participants focused on inventory management, prioritizing balanced flows over aggressive buying, maintaining downward pressure on the Polypropylene Filament Yarn Spot Price.
Why did the price of Polypropylene Filament Yarn change in December 2025 in APAC?
• Stable domestic polypropylene feedstock kept upstream costs low, limiting any upward pricing momentum and contributing to softer Polypropylene Filament Yarn Price Index levels.
• Cautious downstream buying and anti-dumping duties reduced import-driven competition, restraining offtake and supporting a declining price trend.
Europe
• The Polypropylene Filament Yarn Price Index softened through Q4 2025, reflecting ample supply, subdued demand from core industrial applications, and active dealer destocking.
• Polypropylene Filament Yarn Spot Price remained range-bound with a downward bias, as strong hygiene inventories and normalized logistics reduced short-term tightness despite steady automotive nonwoven offtake.
• Polypropylene Filament Yarn Production Cost Trend remained broadly stable, with raw polypropylene and polyester feedstock costs largely unchanged, limiting any cost-push support for prices.
• Polypropylene Filament Yarn Demand Outlook remained mixed, supported by healthcare and specialty filtration demand but offset by slower construction and general industrial restocking in Q4.
• Polypropylene Filament Yarn Price Forecast suggests limited near-term downside, with potential stabilization if seasonal industrial pick-ups materialize in early 2026.
• Export inflows and inter-regional supply flexibility eased local tightness, contributing to a softer Price Index overall.
Why did the price of Polypropylene Filament Yarn change in December 2025 in Europe?
• Seasonal destocking and year-end inventory realizations weakened demand, softening the Price Index.
• Balanced supply and stable production costs reduced pricing pressure, limiting upward Spot Price momentum.
For the Quarter Ending September 2025
North America
• In the USA, the Polypropylene Filament Yarn (PPFY) Price Index declined quarter-over-quarter in Q3 2025, reflecting underlying market adjustments.
• PPFY Production Costs remained weak, supported by feedstock PP prices.
• The PPFY Demand Outlook stayed subdued domestically, as steady import arrivals offset limited mill restocking activities.
• The Price Index showed only marginal quarter-on-quarter change, despite ongoing tariff headwinds and seasonal inventory adjustments across supply chains.
• Spot Price trends reflected import-driven downward pressure, mainly from competitive Asian and European supplies influencing U.S. market levels.
• Forecast commentaries indicated that pre-holiday restocking and cautious procurement strategies could provide mild price support.
Why did the price of PPFY change in September 2025 in North America?
• Tight domestic availability limited supply chains, increasing import dependency and affecting price movement.
• Rising import costs due to freight rate fluctuations and tariff uncertainty contributed to softer domestic pricing trends.
APAC
• In India, the Polypropylene Filament Yarn Price Index fell by 2.4% quarter-over-quarter, in Q3 2025, due to weaker downstream demand.
• The average Polypropylene Filament Yarn price for the quarter was approximately INR 130300/MT, based on regional trades.
• Polypropylene Filament Yarn Spot Price indicators show feedstock costs easing, influencing pricing dynamics in India during Q3 2025.
• Polypropylene Filament Yarn Price Forecast remains cautious as demand condition from the export market is still limited.
• Polypropylene Filament Yarn Production Cost Trend softened mildly amid limited cost support from feedstock propylene and energy prices.
• Polypropylene Filament Yarn Demand Outlook in APAC aligns with downstream textile activity and packaging consumption.
• Polypropylene Filament Yarn Price Index softened modestly, reflecting inventory builds and regional competition across import channels.
• Polypropylene Filament Yarn Spot Price responses remain sensitive to logistics, with export demand volatility shaping quarterly outcomes.
Why did the price of Polypropylene Filament Yarn change in September 2025 in APAC?
• Lower downstream demand in India’s textile and packaging sectors pressured PPFY demand, contributing to price decline.
• Propylene feedstock costs eased modestly, narrowing margins and pressuring PPFY Price Index in Q3 2025 in India.
• Logistics constraints and limited export, improved inventories, limiting downside movement.
Europe
• In the European market, the Polypropylene Filament Yarn (PPFY) Price Index fell quarter-over-quarter, driven by weak cost support and limited demand fundamentals.
• The PPFY Price Forecast suggests modest upside potential, supported by pre-winter restocking and steady export performance.
• Production Cost trends eased slightly as feedstock PP recorded significant declines, supporting producer margins.
• The Demand Outlook remained subdued, with cautious restocking from hygiene and textile segments sustaining baseline demand.
• Spot Price movements reflected ongoing logistical disruptions and port congestion, limiting timely deliveries across major European terminals.
Why did the price of PPFY change in September 2025 in Europe?
• Logistical constraints and port congestion at Antwerp, Bremerhaven, and Hamburg restricted supply flows and elevated inventory amid moderate restocking.
• Steady offtake from apparel and textile sectors maintained price stability despite limited inventory availability.
For the Quarter Ending March 2025
North America
The North American Polypropylene Filament Yarn (PPFY) market displayed a mixed performance in Q1 2025, influenced by divergent movements in feedstock costs, production constraints, and evolving demand trends. Polypropylene (PP) feedstock prices experienced a steady climb throughout the quarter, primarily due to restricted output and escalating propylene prices. Major producers such as ExxonMobil and LyondellBasell implemented price increases, further intensifying upward pressure across the PP value chain. With production rates declining, tight supply conditions compelled suppliers to pass rising costs onto downstream buyers.
Demand trends shifted noticeably over the three months. January registered strong buying activity, supported by vibrant downstream sectors like textiles and home furnishings. Import costs rose sharply amid concerns of a potential East Coast port strike, prompting preemptive shipments and elevated freight expenses. February brought more balanced conditions, as demand held steady despite cold weather impacting local production. A resilient labor market underpinned textile sector activity, helping to maintain moderate procurement levels.
By March, however, market momentum weakened. Soft consumer sentiment, sluggish textile demand, and ample inventory curtailed buying interest. The normalization of freight rates and easing import costs, along with ongoing tariff uncertainties, added to buyer caution, resulting in a subdued finish to the quarter.
Europe
The European Polypropylene Filament Yarn (PPFY) market exhibited a bullish price trend throughout Q1 2025, fueled by robust demand and ongoing supply challenges. Polypropylene (PP), the primary feedstock, saw consistent price increases driven by limited production and tight supply. Maintenance turnarounds in Middle Eastern plants and reduced PP shipments from Asia contributed to restricted availability, while major producers such as LyondellBasell, ExxonMobil, SABIC, and Braskem raised prices accordingly. Additionally, low cracker run rates and unexpected outages at various European fluid catalytic cracker units further limited local PP output. This tight supply situation was compounded by logistical disruptions, including vessel delays and port congestion, which hampered spot trading and import flows.
Demand in January surged with a strong post-holiday rebound, bolstered by substantial orders from the textile sector and aggressive restocking by German manufacturers. Regional inventory shortages and logistical challenges, including vessel congestion and labor shortages, added further pressure to prices. February maintained this upward momentum, supported by steady procurement from downstream sectors, despite minor weather disruptions and container delays. However, in March, demand softened slightly due to weaker consumer sentiment, although ample inventories and sustained imports helped keep the market sentiment positive overall.
APAC
In Q1 2025, the Polypropylene Filament Yarn (PPFY) market in the APAC region, particularly India, witnessed a bullish price trend, underpinned by a confluence of favorable supply-demand dynamics, cost-side support, and trade policy tailwinds. Prices rose steadily across the quarter, climbing from INR 132,000/MT in January to INR 134,000/MT by March, reflecting robust market fundamentals. In January, prices surged due to tight supply conditions, constrained by raw material shortages and moderate production levels, even as demand grew from inventory replenishment and pre-seasonal stocking in the domestic textile sector. Government policies, such as increased import duties on knitted fabrics, further bolstered reliance on local PPFY. February saw prices stabilize amid steady inventory levels and resilient manufacturing, aided by declining intra-Asia freight rates, which eased cost pressures for import-reliant firms. Although Ramadan and fiscal-year-end liquidity issues briefly tempered demand, export optimism persisted due to evolving US trade relations. By March, ramped-up domestic operations, stable feedstock PP prices, and improved logistics efficiencies reinforced supply-side strength, while export demand surged as US buyers diverted sourcing away from China. India’s competitive tariff regime, government investment in textile modernization, and China Plus One strategies positioned it as a favored global supplier, sustaining bullish momentum in the PPFY market through the quarter.
For the Quarter Ending December 2024
North America
The Polypropylene Filament Yarn (PPFY) market in North America faced a consistent downturn throughout Q4 2024, impacted by tepid demand, macroeconomic uncertainties, and external market influences. In the early weeks of the quarter, the U.S. market struggled as demand from the textile and apparel industries softened due to rising inflation and shifting consumer priorities. Moreover, steady import activity from global suppliers kept market prices relatively stable, leaving little room for upward movement.
During the mid-quarter period, the market showed signs of stabilization with minor price adjustments. These adjustments were primarily attributed to rising import costs and tightening global supply. Despite these factors, the availability of PPFY in the domestic market remained sufficient, and downstream demand was steady but not strong enough to drive significant price increases.
By the end of the quarter, the market returned to a bearish trend, weighed down by limited buying activity, elevated stock levels, and the influx of competitively priced imports, particularly from Asia. The lack of robust demand from the textile sector, coupled with hesitant procurement behavior, contributed to an overall weak market sentiment, keeping prices under pressure.
Europe
The European Polypropylene Filament Yarn (PPFY) market experienced a steady decline in pricing throughout Q4 2024, driven by low demand, abundant supply, and economic challenges. Early in the quarter, falling production costs, coupled with high inventory levels, exerted downward pressure on prices. The subdued performance of industries, coupled with weak export opportunities, further contributed to the declining market trend. Despite stable energy prices and favorable inflation rates, demand remained insufficient to support price stability. As the quarter progressed, market conditions remained challenging. Demand from key downstream industries, such as apparel and home textiles, remained limited. Rising inflation and cautious consumer spending patterns weighed heavily on the market. Even with stable supply and efforts to balance inventories, weak market sentiment persisted, hindering any potential recovery in prices. Toward the close of the quarter, demand continued to weaken as downstream industries held off on procurement in anticipation of further price declines. Despite low production costs and steady supply, the combination of economic uncertainty and logistical hurdles further pressured prices. The German market, in particular, experienced heightened volatility, reflecting the broader struggles across the European region during this period.
APAC
The Polypropylene Filament Yarn (PPFY) market in the Asia-Pacific (APAC) region followed a mixed trend during Q4 2024, with an initial rise followed by a decline. In October, PPFY prices surged due to strong demand driven by the festive season, which was further supported by rising exports and stable feedstock prices. Manufacturing remained robust as inventory levels were processed steadily to meet heightened demand from the downstream textile sector. However, the positive momentum started to fade in November as feedstock prices softened, and demand from downstream industries weakened. The decline in global crude oil prices contributed to reduced production costs, but high imports and excess supply pressured prices down. In December, PPFY prices continued to decline marginally due to steady imports and competitive domestic production. Despite a moderate inflation rate, the market remained cautious, with downstream industries holding back on new orders due to previous inventory build-up and weak consumer sentiment. This combination of excess supply and limited demand led to the overall downward trend for PPFY prices throughout the quarter, despite a temporary spike earlier in the period.
