China’s PP capacity exceeding local demand forecast to jump 68% in 2025

By John Richardson

A PROMISED, here is the first of a series of posts following my 6 January post where I looked at the quite astonishing China-driven global oversupply in ethylene and propylene.

I detailed how China’s propylene capacity exceeding local demand was forecast by ICIS to reach 7.4m tonnes this year, a 179% over 2024.

China’s share of total global propylene capacity exceeding demand is expected to jump to 35% in 2025 over last year’s 26%. China first overtook Northeast ex-China (South Korea...