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China's polypropylene (PP) exports are expected to surge to 2.6 million tonnes in 2024, more than double the level seen in 2023.[1][2][3] This dramatic increase is driven by growing global demand and China's efforts to boost its self-sufficiency in PP production.
[3] However, the export market is becoming increasingly complex, with factors like rising protectionism and freight rate volatility posing challenges.[1][2] Despite these uncertainties, China appears poised to play a significant role in the global PP trade in the coming years.
Citations:
[1] https://www.famico.uk/china-2024-pp-exports-could-reach-2-6m-tonnes-as-markets-turn-more-complex/
[2] https://www.icis.com/asian-chemical-connections/2024/07/china-pp-exports-could-reach-2-6m-tonnes-in-2024-as-markets-become-ever-more-complex/
[3] https://www.icis.com/explore/resources/news/2024/07/05/11014535/blog-china-2024-pp-exports-could-reach-2-6m-tonnes-as-markets-turn-more-complex/
[4] https://www.linkedin.com/posts/brunomenini_blog-china-2024-pp-exports-could-reach-26m-activity-7215095216440020993-xjac
[5] https://www.linkedin.com/posts/john-richardson-b9216b2_china-pp-price-spreads-over-naphtha-hit-new-activity-7158022034738872320-0TYs
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