Polypropylene Prices, markets & analysis
In this report, ICIS experts put Turkey’s polypropylene (PP) market under the spotlight - covering the Turkish PP market in significant detail.
The ICIS Turkey Polypropylene (PP) price report gives producers, traders and analysts unrivalled depth of insight into the region.
Use ICIS information to:
- Gain competitive advantage for the region
- Assess the impact of upstream and downstream market variations
- Gain a clearer understanding of market dynamics
- Keep track of production news
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We offer the following regional Polypropylene coverage to keep you informed of factors and developments affecting prices in the Turkey Polypropylene marketplace.
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News & Analysis - News & market analysis specifically relating to Polypropylene
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Updated to Q3 2014
Spot prices for Turkish polypropylene (PP) were mostly stable throughout July because of limited supply availability caused by the month-long Ramadan period in the Middle East. During this time, there was less availability of shipped cargoes of most grades from the Middle East as well as trucked material from Iran.
Cargoes from India, which are subject to 3% import duty compared to 6.5% import duty for the Middle East, were heard to be priced as high as $1,670/tonne during July. However, prices from all supply sources started to fall in August because of a drop in demand. Regional conflict began to impact the exports of finished goods to the key market of Iraq.
In addition to political issues in neighbouring countries, PP demand suffered throughout August and September because of extremely cautious buying activity. The already weak lira lost more ground to the US dollar, leading traders with stocks in hand to slash prices in order to liquidise inventories and generate desperately-needed working capital. Demand was not expected to show any improvement until after Turkey’s Bayram festival at the beginning of October.
The ICIS Turkey Polypropylene (PP) Price Report provides weekly assessed import prices for raffia and fibre grades broken down by country of origin and duties. It also reviews prices from other regions including Europe, Egypt, Israel, central, north and southeast Asia and the US for grades such as raffia, fibre, homopolymer injection moulding, copolymer, and BOPP, when available.
A comprehensive market overview is also included for you to understand the impact of relevant upstream and downstream markets on prices.
This detailed weekly report helps PP producers, traders and end-users stay up-to-date, whether they are trading in or with Turkey. It is a reliable source of market data and provides Turkey-specific import prices to underpin contract negotiations. Subscribers will gain an accurate understanding of PP market dynamics in Turkey as well as its position in an international context. Commentary segmented by country and import duty groups further clarifies key market drivers and their impact on the Turkish market.
The ICIS Turkey PP price report includes:
- Assessed spot prices of key grades (homopolymer raffia and homopolymer fibre), by country origin and import duties
- Updates on duty rate changes
- Turkey-specific upstream and downstream updates
- Production news updates (local and overseas)
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Polypropylene. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
General Polypropylene Methodology Consultation read more >
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Polypropylene, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.