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>> China PP production down 4.21% m-o-m in Feb
China PP production down 4.21% m-o-m in Feb
2022-03-17 08:40:43
CCFGroup
Capacity and monthly production
In Feb 2022, China PP granule production capacity was 32.035million mt/year, as no new plants had started commercial production during the month.
China domestic production was assessed around 2.4724 million mt, up 9.91% on the year, but down 4.21% month-on-month.
| Unit (kt) | Homo PP raffia | low-MFR co PP | Total |
| Feb-22 | 886.1 | 277.8 | 2472.4 |
| Y-o-y growth | 17.23% | 2.56% | 9.91% |
| M-o-m growth | -2.85% | -16.38% | -4.21% |
Production proportion
The production proportion of Co PP injection and Specialty grade had declined. The overall operating rate went up.
| Homo PP raffia | Homo PP injection | Homo PP fiber | Co PP injection | BOPP | CPP | Pipe grade | Specialty grade | Closed | |
| Jan-22 | 30.63% | 12.76% | 8.15% | 11.15% | 3.86% | 1.89% | 3.01% | 15.22% | 13.32% |
| Feb-22 | 32.78% | 13.62% | 8.57% | 10.27% | 6.04% | 2.09% | 4.00% | 14.10% | 8.54% |
| Change m-o-m | 2.15% | 0.86% | 0.42% | -0.88% | 2.18% | 0.20% | 0.99% | -1.12% | -4.78% |
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