Daily Review: Polypropylene (PP) Powder Market Sees Range Fluctuations, Trading Atmosphere Remains Average

On October 28, 2025, the average price of polypropylene powder was 6,532 yuan/ton, an increase of 12 yuan/ton from the previous working day, with a rise of 0.18%. The polypropylene powder market showed fluctuations, with mainstream regional ex-factory prices around 6,470-6,500 yuan/ton. The polypropylene futures market operated weakly, dragging down the market sentiment for powder. Currently, the propylene raw material market is mainly consolidating, providing general support on the cost side. Low-priced granules are limiting the sales of powder, and downstream responses remain relatively subdued. The sales performance of powder enterprises is average, and powder traders are selling according to the market. The transaction atmosphere in the market is generally unremarkable.

Shandong Market: The Shandong market for PP powder materials has slightly reduced prices, with the mainstream price around 6470-6500 yuan/ton. Traders in the market are actively selling, and the trading activity is moderate.

East China Market: The Nanjing market for PP powder material saw a narrow adjustment, with mainstream prices ranging from 6,530 to 6,560 yuan/ton. Downstream buyers are purchasing based on actual demand, and sellers are adjusting prices according to market conditions. Transactions among terminal buyers in the market are generally moderate.

North China Market: The Cangzhou market for PP powder is operating within a range, with mainstream prices around 6530-6590 yuan/ton. Downstream demand is driven by necessity, and the overall trading atmosphere is average.

Central China Region: The PP powder market in Henan is mainly consolidating, with mainstream market prices ranging from 6,490 to 6,550 yuan/ton. Downstream demand is focused on essential purchases, and overall transactions are limited.

Market forecast: Currently, market sentiment among traders is generally bearish. Low-priced granules are suppressing sales in the powder market, and company inventories are relatively high. Traders are maintaining active shipments, while downstream responses are rather tepid, mostly sticking to just-in-time replenishment. Looking ahead, it is expected that the PP powder market will experience range-bound fluctuations in the next working day, with specific observations needed on the futures market performance. The average price in the powder market is expected to be between 6450-6600 yuan/ton.