Price trend

On the 14th, the price of propylene in Shandong rose slightly, and the company's offer was raised by 50 RMB/ton. The current mainstream price of propylene in Shandong was 8,400-8,550 RMB/ton.

Analysis review

Crude oil prices fluctuated upwards, and the cost support was acceptable, but the downstream demand was weak, the polypropylene market demand was weak, and the market continued to be weak, there was limited room for propylene to continue its upward trend.

Market outlook

Pay close attention to the changes in raw materials and demand in the market outlook, and it is expected that the propylene market will fluctuate mainly in the short term.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com