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[Plastic] Polypropylene (PP) pellets retain upward momentum after short-term market shocks

 Last Update: 2022-01-16
 Source: Internet
 Author: User

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Recently, the domestic epidemic situation has improved, but the supply of masks in many places is still in short supply.

In the short term, the spread of the global epidemic and the high fall of US stocks have caused a huge impact on crude oil prices and further affected domestic confidence, causing a significant decline in polypropylene.

However, in the medium and long term, demand is lagging due to the impact of the epidemic, but the downstream start of work is gradually recovering, and the downstream start of work has returned to the usual 50-70%.

(Keyword: PP)

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