Upload
polymerupdate
View
253
Download
0
Embed Size (px)
Citation preview
Propylene and Polymer Price Updates June – Sept-2015 1
https://www.polymerupdate.com/
Propylene
Polypropylene prices gained across Asia during the first four weeks of September 2015. Prices marched
higher on the back of firm buying trends witnessed in key markets like China. However, Polypropylene
prices in Asia drifted lower during week 5. Prices fell on account of a number of bearish triggers
including softer crude and naphtha prices, a plunge in propylene feedstock prices and extremely dull
demand trends across Asia, especially in China ahead of the Golden Week holidays from October 1 to
October 7, 2015.
C3-Olefins-Average Weekly Propylene Prices for Sept 2015(USD/Tonne)
Grades W5 W4 W3 W2 W1 15-Sep 15-Aug 15-Jul 15-Jun
South Korea 517 555 620 666 698 611 791 867 954
Japan 505 562 613 668 681 606 791 860 944
SE 515 572 627 677 689 616 842 870 948
Price movement of Propylene during June 2015 to September 2015 (USD/Tonne)
Grades Market Sep-15 Last 4 Months (June-15-Sept-15)
High Low High Low
Propylene
Japan 690 505 955 505
South Korea 700 515 965 515
SE Asia 695 515 960 515
Propylene and Polymer Price Updates June – Sept-2015 2
https://www.polymerupdate.com/
Polymers
Polymers – Average weekly price of PP – Injection Moulding @ CIF - India Basis for September 2015 (USD/Tonne)
Grade Market WS W4 W3 W2 W1 Sep-15 Aug-15 Jul-15 Jun-15
Injection Moulding
Saudi Arabia 1057 1057 1040 1013 1002 1034 1067 1219 1319
Price Movement of PP – CIF India basis
Grades Market Sep-15 Last 4 Months (June-15-Sept-15)
High Low High Low
Injection Moulding
South Korea 1110 1080 1410 1080
Singapore 1070 1040 1390 1040
Thailand 1090 1060 1400 1060
Saudi Arabia 1060 1000 1360 1000
PP India Import Snapshot: September 2015
PP Volume(MTS) M-o-M Change Value (Rs. Crore) M-o-M Change
Sep-15 67611 28.20% 588 25.73%
The table gives a snapshot on PP India imports in terms of volume imported and monetary value of the
imports. The volume for the month of September was recorded at 67611 MTS represents 28.20% rise as
compared to import volume for the preceding month. The monetary value of the PP imported in the
month of September was Rs. 588 crores, a rise of 25.73% as compared to the monetary value of PP that
was imported in the preceding month.
Propylene and Polymer Price Updates June – Sept-2015 3
https://www.polymerupdate.com/
PP monthly imports region-wise breakdown: September 2015
PP Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15
Africa 1.17% 0.00% 0.40% 1.06% 1.97% 0.05% 0.05%
APAC 37.29% 31.44% 36.42% 35.16% 42.63% 47.33% 51.38%
EUROPE 3.36% 3.10% 3.77% 5.08% 4.00% 2.49% 6.17%
Middle East 57.19% 63.45% 55.19% 53.49% 44.16% 47.79% 38.76%
North America 0.95% 1.56% 3.46% 5.06% 7.24% 2.06% 3.64%
South America 0.04% 0.43% 0.77% 0.14% 0.28% 0.00%
Total 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
60.00%
70.00%
Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15
Africa
APAC
EUROPE
Middle East
North America
South America