Polypropylene Analysis: Polyolefin Market Trends, Prices & Forecast

TexPro provides pricing information for Polypropylene, covering subproducts such as Raffia, Raffia, Raffia and Raffia, It offers historical pricing data for up to the last five years. It also provides an accurate price forecast for the next “9/12” months, updated twice a month. The data is collected from our verified primary and secondary data sources.

Markets for Polypropylene

Polypropylene, Raffia, Domestic - China (01 May 2024 - 30 Apr 2025)

Overall Trend

• The prices of polypropylene (Raffia) have been in a decreasing trend from May 2024 to April 2025 in Asia (Domestic China), reflecting a broader market adjustment influenced by fluctuating demand and supply dynamics.

Price Trend

• The prices of polypropylene (Raffia) have decreased by 2.78% from May 2024 to April 2025 in Asia (Domestic China).
• The average month-on-month percentage change has been -0.25% for Asia (Domestic China) during the same period, indicating a consistent downward pressure on prices.
• The highest percentage increase of 0.93% was reported in August 2024, while the highest percentage decrease of -0.94% was reported in March 2025 for Asia (Domestic China).
• The average price for Asia (Domestic China) in 2024 was 1.075 USD/kg, which has decreased by 1.86% to 1.055 USD/kg in 2025, reflecting a CAGR of -1.86% from 2024 to 2025.

Price Range

• The average price from May 2024 to April 2025 for Asia (Domestic China) was 1.068 USD/kg, indicating that the prices have fluctuated around this average. The range between average and minimum price is 0.018 USD/kg and that of between maximum and average price is 0.012 USD/kg, indicating a tighter range around the average price. The maximum and minimum prices reported for Asia (Domestic China) were 1.08 USD/kg and 1.05 USD/kg, respectively, showing a price range of 0.03 USD/kg.

Volatility

• The standard deviation in Asia (Domestic China) prices was 0.0114 USD/kg, indicating low volatility in the market, which suggests stable pricing with minimal fluctuations.
• The prices for Asia (Domestic China) traded at a moving average premium of 0.24% and at a moving average discount of -1.41% from the moving average price during the same period, reflecting a slight tendency for prices to trade above the mean, but with significant discounts at times, indicating potential market pressures or buyer negotiations.

This analysis highlights the challenges faced by the polypropylene market in Asia (Domestic China), particularly the downward price trends and low volatility, which may influence procurement strategies for textile manufacturers relying on this raw material. The CAGR and monthly trends provide insights into the long-term pricing outlook, essential for strategic planning in the textile and apparel sectors.