China’s cumulative net imports of Polypropylene (PP) might be as big as 91m tonnes in 2022-2040 – the ICIS base case. Or China’s total net exports during the same period may reach 90m tonnes.
Although China may be among the future big exporters of PP, it will have to compete with Europe, Africa, Turkey and other large non-Chinese net import markets.
This competition will have to pay close attention to netbacks and supply and demand, especially in the countries of Africa and Central and South America.
