Global raw material supply shortages surge in PP exports in March

In March, the domestic PP export market quietly rose, and the arbitrage space was opened up.
According to customs statistics, PP exports in the month amounted to approximately 257,100 tons, an increase of 211.
9 million tons from the previous month, an increase of 468.
81%, and an increase of 182,600 tons, an increase of 245.
10% year-on-year.
Among them, the export volume of primary form polypropylene (tariff number: 39021000) was 244,500 tons, an increase of 203,600 tons from the previous month, an increase of 497.
80%, and a significant increase of 178,500 tons, an increase of 270.
45% from the same period last year.
The export volume of ethylene-propylene polymer (tariff number: 39023010) was about 10,000 tons, an increase of 177.
78% month-on-month and 35.
14% year-on-year.
The export volume of other primary forms of propylene copolymers (Tax Code: 39023090) was about 2600 tons, an increase of 271.
43% from the previous month and an increase of 136.
36% from the same period last year.
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