Price trend
According to the monitoring data of SunSirs, the price of propylene in Shandong Province stopped falling and rebounded recently, pushing up in a narrow range for two consecutive days, with a range of 50 RMB/ton.
Analysis review
It is understood that in the early stage, the price of propylene had been continuously reduced, the price had been adjusted in place, the enterprise inventory was controllable, and the downstream bargain-hunting had led to a small increase in the market.
Market outlook
With the support of the rigid downstream, it is expected that the market will be stronger tomorrow (March 10).
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