Global polypropylene (PP) prices have increased significantly in 2021, and reached 2,734 U.S. dollars per metric ton on March 10, 2021. This was an increase of roughly 80 percent compared to prices on January 6, 2021. In February 2021, winter storm Uri hit the United States, causing an energy crisis in Texas. Chemical plants in Texas suffered power outages - including the world's largest petrochemical complex - leading to major supply chain disruptions. As a result, polypropylene prices soared.
Bi-monthly prices for polypropylene (PP) worldwide from January 2020 to March 2021
(in U.S. dollars per metric ton)
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Wall Street Journal. (March 17, 2021). Bi-monthly prices for polypropylene (PP) worldwide from January 2020 to March 2021 (in U.S. dollars per metric ton) [Graph]. In Statista. Retrieved December 04, 2024, from https://www.statista.com/statistics/1239058/bi-monthly-polypropylene-price-worldwide/
Wall Street Journal. "Bi-monthly prices for polypropylene (PP) worldwide from January 2020 to March 2021 (in U.S. dollars per metric ton)." Chart. March 17, 2021. Statista. Accessed December 04, 2024. https://www.statista.com/statistics/1239058/bi-monthly-polypropylene-price-worldwide/
Wall Street Journal. (2021). Bi-monthly prices for polypropylene (PP) worldwide from January 2020 to March 2021 (in U.S. dollars per metric ton). Statista. Statista Inc.. Accessed: December 04, 2024. https://www.statista.com/statistics/1239058/bi-monthly-polypropylene-price-worldwide/
Wall Street Journal. "Bi-monthly Prices for Polypropylene (Pp) Worldwide from January 2020 to March 2021 (in U.S. Dollars per Metric Ton)." Statista, Statista Inc., 17 Mar 2021, https://www.statista.com/statistics/1239058/bi-monthly-polypropylene-price-worldwide/
Wall Street Journal, Bi-monthly prices for polypropylene (PP) worldwide from January 2020 to March 2021 (in U.S. dollars per metric ton) Statista, https://www.statista.com/statistics/1239058/bi-monthly-polypropylene-price-worldwide/ (last visited December 04, 2024)
Bi-monthly prices for polypropylene (PP) worldwide from January 2020 to March 2021 (in U.S. dollars per metric ton) [Graph], Wall Street Journal, March 17, 2021. [Online]. Available: https://www.statista.com/statistics/1239058/bi-monthly-polypropylene-price-worldwide/
