Polypropylene (PP) Resin

Different markets and grades provide context. They are not direct quotes for this material.

Monthly estimates through Jun 30, 2026. Historical figures have not been independently revalidated. Carried-forward months after that date are omitted.

The Turkey range is an indicative estimate based on a China raffia benchmark and a historical freight/market premium. Raffia is a different grade from BCF fiber resin. Without a fresh benchmark and premium check, we retain the old range and its original observation date.

We check sources weekly. If a source cannot be verified, its previous value and date remain visible without implying that the market was unchanged. Published dates refer to observations; source checks have their own date.

Prices and analysis are for market context. Confirm a current quote for your grade, origin, tax and delivery terms before making a purchasing decision.

Polypropylene (PP) is a lightweight, inexpensive plastic that arrives as tiny pellets, called resin. In furnishings it turns up almost everywhere: as the face fibre in most machine-made rugs and carpet, in olefin upholstery and outdoor fabrics, in the nonwovens inside cushions and mattresses, and in moulded furniture parts.

For carpet, the pellets are melted and pushed through fine nozzles, then drawn and crimped into a bulky 'BCF' yarn — with colour blended in as a pigment masterbatch so it runs through the fibre — then tufted or woven into a rug. The same resin is extruded into fibres for upholstery fabric, spun-bonded into nonwovens, or moulded into rigid furniture parts.

Buyers span the furnishings trade: carpet and rug mills, upholstery and home-textile producers, and furniture makers — plus the yarn spinners and fabric mills that supply them — selling on to importers, wholesalers and retailers. The big weaving and manufacturing hubs include Turkey (Gaziantep), Egypt (Damietta — home of Oriental Weavers, the world's largest machine-made rug maker), and India and China.

• Oct 19, 2026China PP spot, the Dalian-linked CFD, Brent and naphtha were refreshed. The official NBS reading is still the September 21-30 period because no newer release was posted. CFR China raffia and FOB Korea propylene remain carried: no newer public print was found. The Turkey band is unchanged as the June 30 calibration.
• Oct 15, 2026Added two separate China domestic PP series: SunSirs daily spot and the official NBS ten-day wire-drawing assessment. They measure different things and are not converted or used to re-price the Turkey estimate, which remains a carried June 30 calibration.
• Oct 15, 2026Propylene stays carried from August 14: a September 9 FOB Korea print ($1,155-1,165/t) was found but is too old to be current. The PP futures label now notes that the source is a CFD proxy linked to Dalian, not a confirmed exchange settlement.
• Oct 15, 2026Separated source-check dates from price dates. The Turkey estimate remains supported only by the June 30 calibration; later carried-forward chart points and the old supplier quote were removed. Market proxies are now labelled explicitly.
• Jun 30, 2026GCC origin card added; PET tracker launched — PP and PET are trading near parity (~$1,050–1,075/ton), a historically narrow gap.
• Jun 30, 2026Naphtha refreshed $720 → ~$670/MT after an independent accuracy audit; all other indicators verified.
• Jun 30, 2026CIF benchmark recalibrated $1,050–1,150 → $1,150–1,250 against live Turkish supplier quotes; added the ready-at-port line.
• Jun 29, 2026Tracker launched with verified indicator sweep.