Data from the U.S. International Trade Commission published in an ICIS article indicates another moderate gain year on year for U.S. May exports of polypropylene (PP). Shipments to China and India account for the increase. Shipments to China more than doubled while exports to India more than tripled. According to the American Chemistry Council (ACC), PP exports accounted for 5.6% of total North American production in the first five months of the year.
Strong Vehicle Sales despite Slowing EV Demand
While general auto sales remain relatively strong, EV demand has continued to wane as consumers are more and more weary of the logistics behind charging,