China PP production down 5.24% m-o-m in Apr

Capacity and monthly production In Apr 2022, China PP granule production capacity was 32.785million mt/year, as no new plants had started commercial production during the month.   China domestic production was assessed around 2.3915 million mt, up 5.17% on the year, but down 5.24% month-on-month.   Unit (kt) Homo PP raffia low-MFR co PP Total Apr-22 860.0 189.6 2391.5 Y-o-y growth -2.20% -24.25% 5.17% M-o-m growth -3.06% -30.92% -5.24%   Production proportion   The production proportion of Homo PP injection and homo PP fiber had increased. The overall operating rate declined.   Homo PP raffia Homo PP injection Homo PP fiber Co PP injection BOPP CPP Pipe grade Specialty grade Closed Mar-22 29.45% 12.90% 8.35% 9.11% 5.06% 2.84% 3.20% 12.84% 16.22% Apr-22 29.12% 13.85% 10.43% 6.49% 4.97% 1.97% 2.74% 11.33% 19.09% Change m-o-m -0.33% 0.95% 2.08% -2.62% -0.09% -0.87% -0.46% -1.51% 2.87%