China's pp output continues to decline in August or will increase
China Drying Network National Statistics Bureau recently released data show that in July, China's polypropylene (PP) production reached 993,300 tons, a decrease of 5.4% from the previous month, for the third consecutive month; from January to July, the cumulative production of 7.206 million Tons, an increase of 13.2% over the previous year.
It is reported that Wuhan Petrochemical's 800,000-ton/year ethylene plant has officially produced qualified products on August 13. Its downstream PP plant's first-line capacity is 200,000 tons/year, and the second-line capacity is 200,000 tons/year, and it is currently waiting. State, ready to go into production, the product is officially sold to the public before the end of the month. In addition, Datang International's two PP production lines with a total capacity of 500,000 tons/year will also be reopened in the near future. CBI Research believes that domestic PP production will increase in August.
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