As of August 21, 2026, public information shows that PP raw material prices are relatively strong, but downstream demand for PP non-woven fabrics is still weak, and the market is in a stage of "cost support, demand game".
1. PP raw material prices continue to rise
According to data from Shengyi Society, the reference price for PP wire drawing on August 21st was 9216.67 yuan/ton, an increase of 2.71% from 8973.33 yuan/ton on August 1st.
On August 19th, the mainstream price of PP wire drawing in Qingzhou market was about 9150-9250 yuan/ton.
The current price support mainly comes from the strengthening of crude oil and propylene costs, as well as some equipment maintenance; However, the downstream delivery efforts are insufficient, and the continued significant increase in prices still requires demand coordination.
2. The industry's operating rate is at a relatively low level
The operating rate of the PP non-woven fabric industry in July 2026 was about 38.14%, a decrease of 2.48 percentage points from the previous period.
The demand shows obvious differentiation:
1. The demand for takeaway insulated bags and packaging non-woven fabrics is relatively acceptable;
2. The demand for sanitary materials such as diapers has decreased;
3. Industrial and agricultural products such as geotextile, waterproof cloth, covering cloth, and seedling raising cloth are in the off-season.
3. Market judgment: Short term cost push, future demand dependent
The main contradictions in the current industry can be summarized as follows:
PP raw material price increase → spunbond non-woven fabric cost increase → factory pressure to raise prices; But insufficient terminal orders → cautious downstream procurement → limited transmission of price increases.
4. Actual impact on production and export enterprises:
1. The competition for regular white and low weight products is still fierce, and simply following the price increase of raw materials can easily lead to losing orders.
2. Packaging bags, insulation bags, furniture packaging, medical protection, and high-strength composite materials are more worthy of attention.
3. It is recommended to use a valid quotation and include a clause for PP raw material price fluctuations in the bulk order.
4. In foreign trade development, emphasis should be placed on weight stability, tensile strength, uniformity, color consistency, and delivery time, rather than just quoting low prices.
