Polypropylene prices globally 2020-2021, by week
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.
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