Polypropylene Glass Filled (PPGF) Price Trend and Forecast

Polypropylene Glass Filled (PPGF) Regional Price Overview

Get the latest insights on price movement and trend analysis of Polypropylene Glass Filled (PPGF) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Polypropylene Glass Filled (PPGF) Price Trend for Q1 of 2025

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According to the Polypropylene Glass Filled (PPGF) price database, prices in the United Kingdom increased steadily throughout the first quarter of 2025. Prices stood at approximately 1783 USD/MT (CIF) in January and reached around 1836 USD/MT in February. This upward trend was primarily driven by rising production costs and limited regional availability. Sellers maintained firm price quotations as raw material costs, particularly propylene prices, increased and imported supplies became more expensive.
 

Polypropylene Glass Filled (PPGF) Price Chart

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The Polypropylene Glass Filled (PPGF) price chart peaked mid-quarter, reflecting tight supply levels in European markets. Continued supply disruptions from Asia and the Middle East reduced import options, prompting local manufacturers to capitalize on the supply gap. Although overall demand remained weak, particularly in construction and automotive sectors, supply constraints played a more significant role in shaping price movements.

Towards the end of the quarter, the rate of price increases slowed as the market adjusted to previous price hikes. While demand remained subdued across most downstream sectors, the packaging industry provided some stability. Additionally, import supply levels began to recover, easing the supply shortages that had previously contributed to price pressures.

Analyst Insight

According to Procurement Resource, Polypropylene Glass Filled (PPGF) prices are expected to normalize in the upcoming months amid weak demand and higher inventories.
 

Polypropylene (Glass Filled) Price Trend for the Second Half of 2024

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The Polypropylene (glass-filled) price graph exhibited fluctuating trends during the latter half of 2024. Polypropylene (glass-filled) is an enhanced version of polypropylene, offering greater durability and strength. Due to these properties, it is widely utilized in industries such as automotive and electrical. As a result, demand for the commodity remained primarily influenced by these sectors.

Initially, demand in the automotive sector was subdued, with minimal new sales, particularly in Europe. However, towards the end of the year, sales improved, leading to a moderate recovery in demand. This growth contributed to positive market sentiment, driven by increased consumer purchasing activity. The prices were approximately 1705 USD/MT (CIF) in July and around 1668 USD/MT in December in the United Kingdom. Overall, Polypropylene (glass-filled) prices fluctuated throughout the second half of 2024.

Analyst Insight

According to Procurement Resource, Polypropylene (glass-filled) prices are expected to follow a similar pricing trend in the future, influenced by demand from downstream sectors.
 

Polypropylene (Glass Filled) Price Trend for the First Half of 2024

The prices of polypropylene (glass filled) showed mixed trends throughout the first half of 2024. The polypropylene (glass filled) market was driven by the demand from the automobile sector as it is utilized to make automotive parts such as dashboards, bumpers, and interior panels.

The automobile market witnessed regional variations in demand influenced the macroeconomic factors. In India, a steady growth in the car manufacturing sector drove the demand for the commodity. However, the European automobile market remained flat, since the sales of new cars was unable to provide any significant boost to the market.

Apart from this, the prices are also influenced by the changes in costs and supply of feedstocks, polypropylene, and glass fibres. Any disturbances in the supply of the feedstocks directly affect the production costs of polypropylene (glass filled). In Europe, the continuation of Russia and Ukraine’s conflict and the commencement of Israeli war in the Middle East kept the supply chains curtailed. Therefore, the trade dynamics remained disturbed in the region.

Analyst Insight

According to Procurement Resource, the prices of polypropylene (glass filled) are expected to fluctuate influenced by the price trend of the upstream market in the upcoming quarters. Also, logistical difficulties arising from harsh weather, such as intense rainfall, can temporarily hinder supply.

Procurement Resource provides latest prices of Polypropylene Glass Filled (PPGF). Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.