Polypropylene Filament Yarn Price Trend and Forecast

The third quarter saw a decline in the North American Polypropylene Filament Yarn Price due to weak demand from the downstream Geo Textile Fabrics for manufacturing Filter Fabrics. The domestic PPFY market remained downward amidst adequate inventories and decreasing demand. Additionally, the price of feedstock polypropylene decreased, resulting in lower PPFY manufacturing costs. In the meantime, the product’s price reduction on the domestic market was further supported by low-cost pressure and a sufficient supply flow. Also, Hurricane Ian’s impact on Florida during the second half of Q3 disrupted production, but adequate stocks kept prices on the downtrend.

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