China PP weekly production losses down 5.97% as of May 7

As of May 7, China's PP production losses fell 5.97% to 348,930 tonnes (OilChem), while capacity utilization rose 2.20% to 65.94%, driving output up 3.45%. As the spring maintenance peak ends, supply is set to increase, though tight spot supply and high costs still support prices. Watch for demand shifts to woven bags and injection molding, plus crude flow recovery in 6-8 weeks, which may soften cost support.

OilChem data shows, as of May 7, the weekly production losses of polypropylene (PP) units in China were 348,930 tonnes, a decrease of 5.97% from the previous week; meanwhile, the weekly capacity utilization rate of PP stood at 65.94%, an increase of 2.20% from the previous week. China PP Weekly