Daily Review: Polypropylene (PP) Powder Market Declines Slightly, Trading Sentiment Remains Moderate

On September 8, 2025, the average price of polypropylene powder was 6,832 yuan/ton, down 15 yuan/ton from the previous working day, a decrease of 0.22%. The polypropylene powder market experienced a slight decline, with mainstream regional ex-factory prices around 6,860-6,900 yuan/ton. The polypropylene futures market fluctuated within a range, providing limited guidance to the powder market. On the raw material side, propylene prices fluctuated within a range, offering moderate cost support. Downstream demand was mainly for necessary replenishment, with little willingness to purchase at high prices. Powder manufacturers mostly kept ex-factory prices stable, traders followed the market, and downstream buyers were cautious, purchasing mainly based on demand. Overall market transaction activity was generally moderate.

Shandong Market: The PP powder market in Shandong fluctuated within a range, with mainstream prices around 6,860-6,900 yuan/ton. Downstream demand was mainly for essential replenishment, and overall market transactions were moderate.

In the East China market, the Nanjing market sees a narrow range of concessions for PP powder, with mainstream market prices at 6800-6850 yuan/ton. Downstream purchases are based on just-in-time needs, vendors adjust prices according to market trends, and terminal transactions are moderate.

North China Market: The Cangzhou market for PP powder remains mostly stable with slight fluctuations. The mainstream market price is between 6790-6810 yuan/ton. Downstream buyers are purchasing based on rigid demand, and the overall trading atmosphere is moderate.

Central China region: The polypropylene (PP) powder market in Henan is consolidating, with mainstream prices ranging from 6770 to 6830 yuan/ton. Downstream demand is primarily for rigid purchases, resulting in limited overall trading activity.

Market Outlook: Currently, powder material enterprises are facing significant cost pressures, and downstream demand shows no obvious improvement. The price spread between powder and granules is narrowing, and market sentiment is pessimistic. Traders remain actively selling to maintain turnover. Looking ahead, the PP powder material market is expected to operate weakly in the next working day. Specific developments will still depend on the performance of the futures market. The average market price for powder material is expected to be between 6,750 and 6,900 RMB per ton.