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Propylene in August: the rally is weak and the focus falls

 Last Update: 2022-08-18
 Source: Internet
 Author: User

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In August, the trading atmosphere of the propylene market was relatively sluggish, the price of propylene in the propylene market showed a downward trend, and the center of gravity of the monthly average price dropped slight.

At the beginning of August, Tianjin Bohua's PDH unit and downstream long-term contract supply resumed; Daqing Refinery's PP unit was overhauled, Daqing Petrochemical's propylene unit was released; Shandong Dongchen and Hongrun refineries and other propylene units were put into operation, and the market supply increased significant.

In mid-August, Typhoon "Likima" passed the bord.

After entering the second half of August, the impact of typhoon "Likima" on the propylene market has basically been lift.

Therefore, from the perspective of the entire August, the supply and demand side, the cost side and the extreme weather have led to the twists and turns of the propylene market price, the market conditions are changing rapidly, and the cycle of ups and downs is relatively sho.

How will September be?

What will happen in September ? How will the month be?

In September, there were relatively few upstream and downstream units scheduled for maintenan.

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