Platts Global Polypropylene (PP) Price Index Used in reusable containers and automotive components, electric equipment, ropes, carpets and textiles. The chart above shows the daily end-of-day Platts Global Polypropylene Price Index price in red and also displays the 20-day moving average in blue. Prices for the second polymer component of the PGPI – polypropylene – fell 2% to $1,441 per metric tons (/mt) in May, according to the just-released PGPI data expressed as a monthly average. This was down from $1,477/mt in April. The drop in price was attributed to a 2% drop in propylene prices, which is a raw input for polypropylene. Next chart: Platts Global Low-Density Polyethylene (LDPE) Price Index
Used in reusable containers and automotive components, electric equipment, ropes, carpets and textiles.
The chart above shows the daily end-of-day Platts Global Polypropylene Price Index price in red and also displays the 20-day moving average in blue.
Prices for the second polymer component of the PGPI – polypropylene – fell 2% to $1,441 per metric tons (/mt) in May, according to the just-released PGPI data expressed as a monthly average.
This was down from $1,477/mt in April. The drop in price was attributed to a 2% drop in propylene prices, which is a raw input for polypropylene.
Next chart: Platts Global Low-Density Polyethylene (LDPE) Price Index
Global petrochemical prices drop 2% in May on weaker olefins prices
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