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Raw Material Price Tracker

Polypropylene (PP) Resin

Homopolymer, fiber/BCF (carpet-yarn) grade (MFR ~22–28) · HS 3902.10

Polypropylene (PP) resin is one of the furnishings industry's core raw materials. Its biggest single use is the BCF yarn spun into machine-made rugs and carpet, but the same resin family also feeds olefin upholstery and outdoor fabrics, the nonwovens inside cushions and mattresses, and moulded furniture parts. This tracks the carpet-yarn grade landed into Turkey — the regional bellwether — alongside the leading indicators that move the cost of any PP-based input.

As of 2026-06-29 · medium confidence
Import benchmark (CIF)
$1,150–1,250

$/ton CIF Turkey · before duty & VAT

Ready at port (spot)
~$1,380

duty-paid · live quote

Off the April peak
-10%

Correction from the war-driven high

Above pre-war floor
+45%

Still above the late-2025 trough

Since the war: price trajectory

$/ton CIF Turkey · midpoint of the landed range · Nov 2025 → present

Leading indicators

These move the cost of any PP-based input — carpet yarn, upholstery fabric or moulded parts. Tap any row for the live source.

Brent crude
spot
$73 per bbl
-38% · off war peak
Naphtha
CFR Japan
~$720 per MT
-22% · off spring highs
Propylene
FOB Korea
~$960 per MT
-27% · since April
PP raffia
CFR China
$1,075 per ton
-16% · off May peak
PP futures
Dalian
~$1,005 per ton
-15% · past month
Rule of thumb: When all five indicators fall together, carpet-yarn resin follows within 1–3 weeks.

Outlook

Down-to-flat

Every upstream cost leg — crude, naphtha and propylene — has rolled over together, while Turkish demand is soft and South Korean and Chinese cargoes compete aggressively. Resin lags feedstock by 1–3 weeks, so the near-term path is lower-to-flat.

Swing risk: The decline rests on the Iran ceasefire holding and the Strait of Hormuz staying open. If that breaks, oil and resin can re-spike within days.

What it means for buyers

Costs are falling, inventories are heavy, and converters are cutting to move volume — so leverage sits with buyers across the furnishings trade right now. It's a negotiate-hard / buy hand-to-mouth market, unless the ceasefire wobbles, in which case lock volume early.

How these prices work

A benchmark, not your invoice — and why your quote may differ

Where the number comes from. We don't take a price from any single seller. It is built from free, public market benchmarks — crude oil, naphtha, propylene and the widely-quoted CFR China resin price — plus the typical shipping premium into Turkey. The exact weekly Turkey customs print is paywalled, so we publish a clearly-labelled estimate, and the indicators above move first — which is what lets the benchmark anticipate where costs are heading. Derived estimate: CFR China raffia (~$1,075) + the historical ~$100–150 Turkey premium, calibrated against live Turkish supplier quotes in late June 2026. The exact weekly CIF Turkey print is paywalled — confirm against your own supplier before transacting.

Why “the price” isn't one number

The figure you hear depends on where in the journey it is measured:

  1. 1Import benchmark (CIF) — $1,150–1,250what we track: resin delivered to a Turkish port, before any local charges.
  2. 2+ customs duty (~6.5%), handling, financing & distributor marginadds roughly 10–15% once the cargo clears the port.
  3. 3= “ready at the port” spot — ~$1,380what a buyer pays for material waiting at the port today (a live local quote).
  4. 4+ 20% VAT (KDV)added to the invoice, but reclaimable by VAT-registered buyers.

So our CIF benchmark and a “ready at the port” quote can sit a few hundred dollars apart and both be correct — that gap is duty, handling and margin. The 20% VAT then sits on top of the invoice (and is reclaimable).

Why two honest quotes still differ

  • ·Grade — basic raffia vs the higher fibre/BCF carpet grade, and specialty grades, all price differently. (Homopolymer, fiber/BCF (carpet-yarn) grade (MFR ~22–28) · HS 3902.10.)
  • ·Where you buy — importing a container directly vs smaller lots from a local distributor, who adds a margin.
  • ·How much & how you pay — full-container contracts beat small spot lots; cash beats credit (which adds financing and KKDF).
  • ·Origin & timing — Gulf vs Korean vs Indian material, and the exact day you ask.

Bottom line — treat this as a directional benchmark, then translate it to your own situation: add Turkey's import stack for a delivered number, and adjust for your grade, volume and terms. The indicators tell you which way it is all heading.

Data caveat

Prices are estimates, may be revised, and are subject to change. FurniPulse provides this for general market research only — it is not a transaction price or investment advice, and not a guarantee of accuracy or fitness for any commercial, customs, or financial decision. Validate against your supplier.

Sources

The basics

How PP Resin becomes a rug

A plain-English primer for anyone new to the material.

What it is

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.

How it's made

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.

Who buys it

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.

From barrel to broadloom

Crude oil & natural gasRefined into propylenePolymerised into PP resin pelletsSpun into BCF carpet yarn (+ colour)Tufted or woven into rugs & carpetSold via importers, wholesalers & retailers

Where it's made

  • ·Saudi Arabia & the Gulf — the historic low-cost source
  • ·South Korea — a major exporter into Turkey
  • ·India, China & Europe — swing suppliers
  • ·Turkey makes only a small share; most resin is imported

Major producers (examples)

  • SABIC · Advanced PetrochemicalSaudi Arabia
  • Lotte · Hanwha · GS Caltex · SKSouth Korea
  • Reliance · IOCLIndia
  • Borealis · LyondellBasell · TotalEnergiesEurope
  • Petkim (SOCAR)Turkey (domestic)

This primer is general industry education — not financial, trading, or procurement advice. Producer names are illustrative examples, not endorsements or a complete list. Figures on this page are estimates that may be wrong or out of date; always confirm with your supplier before making decisions.

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