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Since the beginning of December, the shorts in the powder material market have been cloudy, and there has been no sign of dispersing
.
The weakness of propylene monomer is difficult to change, and the cost benefit is far away
The weakness of propylene monomer is difficult to change, and the cost benefit is far awayRecently, due to the impact of environmental protection, the downstream construction has declined, and the enthusiasm for entering the market has not been high, which has led to an increase in the inventory pressure of propylene refineries.
The industry is cautious and has a strong intention to ship
.
Short-term bearish finishing of polypropylene futures
Short-term bearish finishing of polypropylene futuresRecently, the trading atmosphere in the spot market has been light, and the insiders have a strong bearish atmosphere
.
The demand follow-up continues to be poor, and the shipment of powder materials is blocked
The demand follow-up continues to be poor, and the shipment of powder materials is blockedIt is understood that the buying intentions of downstream plastic weaving factories are relatively deserted.
The main reasons are as follows: 1.
The downstream factories have limited terminal orders, and the consumption of powder raw materials is relatively slow; Start of construction; 3.
The end of the year is approaching, although there are expectations for bargain-hunting and stocking, but because the downstream and traders are returning more funds, delisting is the main reason, and the enthusiasm for purchasing has declined, resulting in shrinking demand; in summary, short-term domestic demand follow-up or continued weak , limited to the powder market
.
From the perspective of the market outlook, propylene monomer and futures may not improve the powder market in the short term; the downstream demand side is also weak and difficult to stop.
Although the downstream procurement in East China is acceptable, the market focus is dragged down by Shandong, Hebei and other places.
It is also difficult to maintain; in addition, it is reported that due to the trial operation of Zhejiang Petrochemical and Dalian Hengli Phase II plants, the contradiction between supply and demand will only increase in the later period, which will also bring a certain amount of restraint to the powder market
.
