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[Plastic] Polypropylene (PP) powder: limited demand, weak market performance

 Last Update: 2022-04-11
 Source: Internet
 Author: User

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Last week, the PP powder market rose and then fell.

At present, there are many negative factors in the PP powder market, the market stalemate is weak, and the price upward momentum is lacking; the downstream wait-and-see atmosphere is strong, and the order follow-up is mediocre.

Raw materials: Most downstream products in terms of propylene have good profit margins, and only the required amount is purchased in the market.

Supply side: At present, powder manufacturers have no new production capacity and plans, the equipment is operating normally, and the market supply is abundant, which restricts the market growth.

Demand side: At this stage, the demand performance is not good.

On the whole, there is still a downside risk in the medium and short-term PP powder market, and the upside possibility is not high.

(Keyword: Polypropylene)

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