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>> China PP production down 5.24% m-o-m in Apr
China PP production down 5.24% m-o-m in Apr
2022-05-23 07:50:33
CCFGroup
Capacity and monthly production
In Apr 2022, China PP granule production capacity was 32.785million mt/year, as no new plants had started commercial production during the month.
China domestic production was assessed around 2.3915 million mt, up 5.17% on the year, but down 5.24% month-on-month.
| Unit (kt) | Homo PP raffia | low-MFR co PP | Total |
| Apr-22 | 860.0 | 189.6 | 2391.5 |
| Y-o-y growth | -2.20% | -24.25% | 5.17% |
| M-o-m growth | -3.06% | -30.92% | -5.24% |
Production proportion
The production proportion of Homo PP injection and homo PP fiber had increased. The overall operating rate declined.
| Homo PP raffia | Homo PP injection | Homo PP fiber | Co PP injection | BOPP | CPP | Pipe grade | Specialty grade | Closed | |
| Mar-22 | 29.45% | 12.90% | 8.35% | 9.11% | 5.06% | 2.84% | 3.20% | 12.84% | 16.22% |
| Apr-22 | 29.12% | 13.85% | 10.43% | 6.49% | 4.97% | 1.97% | 2.74% | 11.33% | 19.09% |
| Change m-o-m | -0.33% | 0.95% | 2.08% | -2.62% | -0.09% | -0.87% | -0.46% | -1.51% | 2.87% |
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