Why are PP Prices so high?
23-10-2025 - Over the past month, the price of PP raw material in CNY/t decreased by 3.2% from 6785.0 on 22nd September to 6571.0 on 22nd October. The high was 6795.0 on 26th September, and the low was 6455.0 on 17th October.
Our one month forecast for PP is 6628.0 CNY/t, a slight increase of 57.0 CNY/t or 0.9% from the latest price. Our analysis suggests a slightly higher chance of prices falling below our prediction than rising above it.
Our current forecast is heavily influenced by Technical data, with a significant impact of 32.0 CNY per tonne. Among Technical data, Price Signals and Futures Curve families have the most impact, contributing 23.0 CNY/t and 8.0 CNY/t respectively. However, there is disagreement among different data types. Flows and Technical data suggest upward price pressure, while Demand and Supply data indicate the opposite. Flows and Technical data types are aligned in predicting price increases, while Demand and Supply data types signal price decreases, with Global Economy and Inventories contributing -13.0 CNY/t and -25.0 CNY/t respectively.
Our one month forecast for PP is 6628.0 CNY/t, a slight increase of 57.0 CNY/t or 0.9% from the latest price. Our analysis suggests a slightly higher chance of prices falling below our prediction than rising above it.
Our current forecast is heavily influenced by Technical data, with a significant impact of 32.0 CNY per tonne. Among Technical data, Price Signals and Futures Curve families have the most impact, contributing 23.0 CNY/t and 8.0 CNY/t respectively. However, there is disagreement among different data types. Flows and Technical data suggest upward price pressure, while Demand and Supply data indicate the opposite. Flows and Technical data types are aligned in predicting price increases, while Demand and Supply data types signal price decreases, with Global Economy and Inventories contributing -13.0 CNY/t and -25.0 CNY/t respectively.
What is the current / spot price of PP?
PP Price Today
October 23, 2025
Current Price
8000
CNY/t
What is the forecast for the price of PP?
PP Price Forecast
October 23, 2025
1 Month Forecast
6628
CNY/t
1 Year Forecast
7079
CNY/t
What are the short-term drivers of PP prices?
What are the long-term drivers of PP prices?
Over the 1 Month horizon the outlook is moderately bullish due to drivers such as: - EWMA-based technical analysis - Chemicals imports to Germany - Short term price trends Br(None) The top contrary drivers for the 1 Month horizon are: - Dalian PP Stocks - Long term price trends
Over the 1 Year horizon the outlook is bullish due to drivers such as: - Long term price trends - EWMA-based technical analysis Br(None) The top contrary drivers for the 1 Year horizon are: - Short term price trends - Chemicals exports from China - Eurozone Equities
Will the price of PP go up?
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1 Week
1 Month
3 Month
6 Month
1 Year
The Latest PP News
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September 29, 2025
British Plastics Federation
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