TABLE OF CONTENTS
I. METHODOLOGY & DEFINITIONS
1.1. Study Reliability and Disclaimers
1.2. Data Interpretation and Commentary
1.3. Definition and Abbreviation
II. EXECUTIVE SUMMARY [U]
III. BUSINESS ENVIRONMENT [U]
3.1. China
3.1.1. Geography
3.1.2. Logistics
3.1.3. Population
3.2. Macroeconomics [U]
3.2.1. Natural Resources and Industry
3.2.2. China GDP and Inflation [U]
3.2.3. China Currency and Exchange [U]
3.2.4. Per Capita Income and Expenditure [U]
3.3. The Chinese Plastics Industry [U]
IV. CAPACITY AND PRODUCTION [U]
4.1. China Supply Overview and Outlook
4.1.1. China Granule PP Capacity Review and Forecast [U]
4.1.2. China Powder PP Capacity Review and Forecast
4.1.3. China PP Output and Forecast
4.2. Development Status of Specialized Materials for PP Producers [U]
4.2.1. Film
4.2.2. Fibre Grade
4.2.3. Plastics for Automobiles
4.2.4. Specialized Materials for Washing Machines
4.2.5. High-transparency PP
V. IMPORTS & EXPORTS [U]
5.1. China Import & Export History and Policies [U]
5.1.1. China Import & Export History
5.1.2. Plastic Import and Export Policies
5.1.3. Import Outlook
5.2. China Import Analysis [U]
5.2.1. Import by HS Code
5.2.2. Import Origin
5.2.3. Import Customs Districts
5.2.4. Import Trade Patterns
5.3. Top Ten Importers [U]
5.3.1. Homopolymer (39021000)
5.3.2. BCPP (39023010)
5.3.3. Copolymer (39023090)
5.4. China Export Overview and Outlook [U]
5.4.1. China Export History
5.4.2. Export Destination
5.4.3. China Export Outlook
VI. DEMAND [U]
6.1. China Demand and Outlook [U]
6.1.1. China PP Consumption by Region
6.1.2. China PP Consumption by End Use
6.2. China PP End Uses – Analysis and Forecast [U]
6.2.1. Weaving Bag
6.2.2. PP Film
6.2.3. Car/Household Appliances
6.2.4. Pipes
6.2.5. Transparent PP (TPP)
VII. SUPPLY & DEMAND BALANCE [U]
7.1. Supply Channels [U]
7.2. Regional Supply/Demand Balance [U]
7.2.1. Supply Distribution Map
7.2.2. Demand Distribution Map
7.2.3. Regional Supply/Demand Balance Overview and Outlook
7.3. Internal Trade Flow Map [U]
VIII. COST ANALYSIS [U]
8.1. Feedstock [U]
8.1.1. Crude Oil
8.1.2. Propylene
8.2. PP Gross Margin [U]
8.2.1. Propylene-Crude Oil Price Gap
8.2.2. PP-Propylene Price Gap
8.2.3. PP-WTI Price Gap
8.2.4. PP Gross Margin
IX. PRICES [New]
9.1. PP Prices Main Principles [U]
9.2. Price Trend Analysis 2008-2009 [New]
9.2.1. Supply
9.2.2. Demand
9.2.3. Mentality
9.2.4. Market Characteristic
9.3. Prices Forecast for Short-term [New]
9.3.1. Prices Driving Factors
9.3.2. Focus
9.3.3 Conclusion
9.4. Prices Forecast for Long-term [New]
9.4.1. Feedstock Prices
9.4.2. Domestic PP Price Forecast
9.4.3. Import PP Price Forecast
LIST OF TABLES [U]
Table 1: China – IMF Inflation Statistics, 2000-2009 (%)
Table 2: Regional Distribution of Granule PP Capacity, 2002-2012 (kt)
Table 3: China Granule PP Capacity by Plants, 2002-2012 (kt)
Table 4: China Granule PP plants Ownership
Table 5: China Capacity Expansions by Plants, 2008-2012 (kt)
Table 6: PP – Capacity, Production and Operating Rates, 2002-2012 (million mt, %)
Table 7: PP Production by Region, 2003-2012 (kt)
Table 8: Granule PP – Capacity, Production and Operating Rates, 2002-2012 (million mt, %)
Table 9: Granule PP Production by Region, 2003-2012 (kt)
Table 10: Powder PP – Capacity, Production and Operating Rates, 2002-2012 (million mt, %)
Table 11: Powder PP Production by Region, 2003-2012 (kt)
Table 12: China PP Import Taxes, 2002-2009 (%)
Table 13: PP Import Volume and Prices by Major Origin, 2003-2009 (kt, $/mt)
Table 14: 39021000 PP Import Volume and Prices by Major Origin, 2003-2009 (kt, $/mt)
Table 15: 39023010 Import Volume and Prices by Major Origin, 2003-2009 (kt, $/mt)
Table 16: 39023090 Import Volume and Prices by Major Origin, 2003-2009 (kt, $/mt)
Table 17: China Top 10 Importers and Import Volume by customs code 39021000, 2006-2009 (kt)
Table 18: China Top 10 Importers and Import Volume by customs code 39023010, 2006-2009 (kt)
Table 19: China Top 10 Importers and Import Volume by customs code 39023090, 2006-2009 (kt)
Table 20: China PP Output and Consumption by Region, 2009 (%)
Table 21: Regional Distribution of PP Demand, 2004-2012 (%)
Table 22: China – PP Consumption by End Use, 2004-2012 (%)
Table 23: Key PP Yarn Suppliers and Common Grades
Table 24: Key Domestic BOPP Material Suppliers and Common Grades
Table 25: BOPP Resin Demand, 2000–2012 (kt)
Table 26: Key Washing Machine-Used Domestic PP Grades and Output, 2008 (mt)
Table 27: Key Washing Machine-Used Import PP Grades and Import Volume, 2008 (mt)
Table 28: Washing Machine-Used PP Demand, 2003– 2012(kt)
Table 29: Refrigerator-Used PP Demand, 2003-2012 (kt)
Table 30: Air conditioner-Used PP Demand, 2003–2012 (kt)
Table 31: Eletric Fan-Used PP Demand, 2003– 2012(kt)
Table 32: Vacuum Cleaners-Used PP Demand, 2003–2012 (kt)
Table 33: Automobile Parts-Used PP Demand, 2003– 2012 (kt)
Table 34: Major PPR Grades
Table 35: Major PPB grades
Table 36: PE/PPB/PPR/PVC Pipe Performance Comparison
Table 37: Pipes-Used PP Demand, 2004-2012 (kt, %)
Table 38: Major TPP grades
Table 39: China Granule PP Capacity by Region, 2008 and 2012 (kt/yr, %)
Table 40: China PP Production by Region, 2008 and 2012 (kt, %)
Table 41: China Ethylene Expansion by Plants, 2009-2011 (kt/yr)
Table 42: Propylene Supply & Apparent Demand, 2003-20011 (kt)
Table 43: WTI and Domestic Homo PP Prices, 2002-2012 ($/bl, CNY/mt)
Table 44: WTI and Import Homo PP Prices, 2002-2012 ($/bbl, $/mt)
LIST OF FIGURES [U]
Figure 1: China Granule PP Capacity by Region, 2002-2012
Figure 2: China PP Market Balance, 2002-2012 (kt, %)
Figure 3: Domestic and Import Annual Prices for Homo PP, 2000-2012 (CNY/mt, $/mt)
Figure 4: China Population and Growth Rate, 2000-2012 (billion)
Figure 5: China Population Density
Figure 6: China Population by Type, 1978-2008
Figure 7: China Industrial Values and Growth Rate, 2000-2012 (trillion yuan, %)
Figure 8: China GDP and Growth Rate, 2000-2012 (trillion yuan, %)
Figure 9: China - RMB:US$ Monthly Average Exchange Rate, 2005-2009
Figure 10: China Per Capita Income, 2000-2012 ($, %)
Figure 11: China Per Capita Income and Expenditure, 2000-2012 (RMB)
Figure 12: China Demand for plastics, 2000-2012 (million mt)
Figure 13: Growth of China Granule PP Capacity, 2002-2012 (kt, %)
Figure 14: China PP Capacity and GDP Growth (%)
Figure 15: China Granule PP Capacity by Region, 2002-2012 (kt)
Figure 16: PP – Production and Growth Rate, 2002-2012 (kt, %)
Figure 17: PP – Capacity, Production and Operating Rates, 2002-2012(million mt, %)
Figure 18: Granule PP – Capacity, Production and Operating Rates, 2002-2012 (million mt, %)
Figure 19: Granule PP Production by Region, 2003-2012 (kt)
Figure 20: Powder PP– Capacity, Production and Operating Rates, 2002-2012 (million mt, %)
Figure 21: Powder PP– Capacity, Production and Operating Rates, 2002-2012
Figure 22: PP Imports & Exports and Import Dependency, 1995-2009 (kt, %)
Figure 23: China Import Outlook, 2003-2012 (kt, %)
Figure 24: PP Import by HS Code, 2000-2009 (%)
Figure 25: PP Import Prices by HS Code, 2000-2009 ($/mt)
Figure 26: PP Import by Origin, 2003-2009 (%)
Figure 27: PP Import Prices by Major Origin, 2003-2009 ($/mt)
Figure 28: 39021000 Import by Origin, 2003-2009 (%)
Figure 29: 39021000 Import Prices by Major Origin, 2003-2009 ($/mt)
Figure 30: 39023010 Import by Origin, 2003-2009 (%)
Figure 31: 39023010 Import Prices by Major Origin, 2003-2009 ($/mt)
Figure 32: 39023090 Import by Origin, 2003-2009 (%)
Figure 33: 39023090 Import Prices by Major Origin, 2003-2009 ($/mt)
Figure 34: China PP Imports by Customs District, 2003-2009 (%)
Figure 35: 39021000 PP Imports by Customs District, 2003-2009 (%)
Figure 36: 39023010 Imports by Customs District, 2003-2009 (%)
Figure 37: 39023090 Imports by Customs District, 2003-2009 (%)
Figure 38: PP Imports by Trade Patterns, 2003-2009 (%)
Figure 39: 39021000 PP Imports by Trade Patterns, 2003-2009 (%)
Figure 40: 39023010 Imports by Trade Patterns, 2003-2009 (%)
Figure 41: 39023090 Imports by Trade Patterns, 2003-2009 (%)
Figure 42: China Export by HS Code, 1995-2009(kt)
Figure 43: China Export by Destination, 2003-2009 (kt)
Figure 44: China Export Outlook, 2002-2012 (kt)
Figure 45: PP Demand and Growth Rate, 2004-2012 (kt, %)
Figure 46: PP Demand by End Use, 2004-2012 (%)
Figure 47: Virgin PP Consumption and G/R of Weaving Bag, 2004-2012 (kt,%)
Figure 48: PP Consumption and G/R of Plastic Film, 2004-2012 (kt,%)
Figure 49: China BOPP Capacity by Region, 2009 (%)
Figure 50: PP Consumption and G/R of Car/Household Appliance, 2004-2012 (kt,%)
Figure 51: PP Consumption and G/R of Plastic Pipes, 2004-2012 (kt,%)
Figure 52: China's Polypropylene Resin Supply Channels (%)
Figure 53: China PP Demand by Region, 2008 and 2012 (%)
Figure 54: East China Supply/Demand Balance, 2008-2012 (kt)
Figure 55: South China Supply/Demand Balance, 2008 and 2012 (kt)
Figure 56: North China Supply/Demand Balance, 2008 and 2012 (kt)
Figure 57: Northeast China Supply/Demand Balance, 2008 and 2012 (kt)
Figure 58: Northwest China Supply/Demand Balance, 2008 and 2012 (kt)
Figure 59: Southwest China Supply/Demand Balance, 2008 and 2012 (kt)
Figure 60: China PP Internal Cargoes Flow Map, 2009 (kt)
Figure 61: China Propylene Production & Growth Rate, 2003-2012 (kt,%)
Figure 62: Propylene Consumption Forecast, 2003-2012 (kt,%)
Figure 63: Propylene Import Forecast, 2003-2012 (kt,%)
Figure 64: Propylene-Crude Oil Price Gap, 2004-2009 ($/mt)
Figure 65: PP-Propylene Price Gap, 2004-2009 ($/mt)
Figure 66: PP-Propylene Price Gap, 2004-2009 ($/mt)
Figure 67: Propylene and PP Producers Gross Margin Ratio, 2004-2009 (%)
Figure 68: WTI Spot Price, 1986-2009 ($/bbl)
Figure 69: China PP and WTI Monthly Average Prices, 2000-2009 (CNY/mt, $/mt)
Figure 70: China PP Prices VS WTI Converted Prices (Monthly Average), 2000-2009 (CNY/mt)
Figure 71: Import PP Prices VS WTI Prices, 2000-2009 ($/mt)
Figure 72: Domestic and Import Homo PP Prices, 2002-2012 (CNY/mt, $/mt)
Figure 73: PP Weekly Average Prices for Domestic Resin, 2007-2008 (CNY/mt)
Figure 74: Producers' Offers vs Trade Prices for Homo PP, 2008-2009 (CNY/mt)
Figure 75: Producers' Offers vs Trade Prices for PP Block Co, 2008-2009 (CNY/mt)
Figure 76: PP CFR CMP Prices, 2008-2009 ($/mt)
Figure 77: CFR CMP vs CNY Prices for Imported Resin (Homo PP), 2008-2009 (CNY/mt)
Figure 78: Homo PP Prices for Domestic& imported Resin, 2008-2009 (CNY/mt)
[U]=updated sections
[New]=New sections