Propylene and Polymer Price Updates June – Sept-2015
1
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 South Korea Japan SE
W5 517 505 515
W4 555 562 572
W3 620 613 627
W2 666 668 677
W1 698 681 689
15-Sep 611 606 616
15-Aug 791 791 842
15-Jul 867 860 870
15-Jun 954 944 948
Price movement of Propylene during June 2015 to September 2015 (USD/Tonne) Grades
Market
Sep-15 High
Low
Last 4 Months (June-15-Sept-15) High Low
Propylene Japan South Korea SE Asia
690 700 695
505 515 515
955 965 960
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505 515 515
Propylene and Polymer Price Updates June – Sept-2015
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Polymers Polymers – Average weekly price of PP – Injection Moulding @ CIF - India Basis for September 2015 (USD/Tonne) Grade Market Injection Moulding Saudi Arabia
WS
W4
1057
1057
W3
W2
W1
Sep-15
Aug-15
Jul-15
Jun-15
1040 1013 1002
1034
1067
1219
1319
Price Movement of PP – CIF India basis Grades
Market
Injection Moulding South Korea Singapore Thailand Saudi Arabia
Sep-15 High 1110 1070 1090 1060
Last 4 Months (June-15-Sept-15) Low High Low 1080 1040 1060 1000
1410 1390 1400 1360
1080 1040 1060 1000
PP India Import Snapshot: September 2015 PP Sep-15
Volume(MTS) 67611
M-o-M Change 28.20%
Value (Rs. Crore) 588
M-o-M Change 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.
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Propylene and Polymer Price Updates June – Sept-2015
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PP monthly imports region-wise breakdown: September 2015 PP Africa APAC EUROPE Middle East North America South America Total
Mar-15 Apr-15 May-15 1.17% 0.00% 0.40% 37.29% 31.44% 36.42% 3.36% 3.10% 3.77% 57.19% 63.45% 55.19% 0.95% 1.56% 3.46% 0.04% 0.43% 0.77% 100.00% 100.00% 100.00%
Jun-15 Jul-15 Aug-15 Sep-15 1.06% 1.97% 0.05% 0.05% 35.16% 42.63% 47.33% 51.38% 5.08% 4.00% 2.49% 6.17% 53.49% 44.16% 47.79% 38.76% 5.06% 7.24% 2.06% 3.64% 0.14% 0.28% 0.00% 100.00% 100.00% 100.00% 100.00%
70.00% 60.00% 50.00%
Africa APAC
40.00%
EUROPE 30.00%
Middle East
20.00%
North America South America
10.00% 0.00% Mar-15
Apr-15
May-15
Jun-15
Jul-15
Aug-15
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Sep-15