Daily Review: Robust Speculative Sentiment, Polypropylene Powder Prices Surge Widely

On March 12, 2026, the average price of polypropylene powder was 8779 yuan/ton, an increase of 2.99% compared to the previous trading day. The trading prices in major areas were around 8450-9200 yuan/ton. Today, driven by market sentiment, prices in various regions were adjusted upwards. However, strong resistance from downstream sectors to high prices limited the extent of the increase. Buyers remained cautious, with only small orders and essential purchases being made.

Shandong Market: The price of polypropylene (PP) powder in the Shandong market rose, with the mainstream transaction price ranging from RMB 8,400 to 8,500 per ton.

East China market: PP powder prices in the East China market rose slightly, with mainstream transaction prices ranging from RMB 9,000 to 9,200 per ton.

North China Market: The polypropylene (PP) powder market in North China rose, with the mainstream transaction price ranging from RMB 8,400 to 8,500 per ton.

Central China Region: The PP powder market in Central China is rising, with mainstream transaction prices ranging from RMB 8,500 to 8,600 per ton.

Market Forecast: Currently, there is a strong speculative buying sentiment, but it is difficult to sell high-end products. Downstream players are mostly in a wait-and-see attitude. It is expected that in the next working day, the market price of polypropylene powder will fluctuate widely, significantly influenced by uncertain factors, with a price fluctuation range of around 100-300 yuan/ton.