Polypropylene market welcomes a price increase wave, with coal-based polypropylene profits significantly rising

K-LinePoet · 2026-04-06T20:45:21+00:00

Today, several refining and chemical companies raised polypropylene (PP) prices by approximately 600 yuan/ton. The increase in international oil prices and strong demand during the resumption period have boosted market bullish sentiment, while coal-based PP profits have also improved accordingly.

K-LinePoet

2026-04-06 20:45:21

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Reporters learned that today, including Baofeng Energy, Donghua Energy, and multiple refining and chemical companies under China National Petroleum and China Petroleum & Chemical, collectively raised polypropylene (PP) prices. Among them, the prices of various PP products under Baofeng Energy have been increased for 2 consecutive days, with a cumulative price increase of about 600 yuan/ton. “The major jump in international oil prices triggered by geopolitical conflict has provided strong support for PP costs, and at present, it is the resumption period for downstream enterprises. As spring peak-season demand for PP gradually releases, bullish sentiment in the market is strong.” Industry insiders said, “PP’s feedstock processing routes differ. Compared with crude oil, because coal prices are relatively stable, the profits of coal-to-PP have grown significantly along with PP prices.” (Caixin)

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