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See the market through the profit of polypropylene powder

 Last Update: 2022-08-21
 Source: Internet
 Author: User

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Throughout December, the raw material propylene monomer and polypropylene powder market were not satisfactory, and the price of the center of gravity continued to decline

The powder profit is gradually approaching the cost line

Recently, the domestic propylene market has been weak and stalemate, with air pollution warnings in many places in Shandong, and limited downstream construction and logistics and transportation

How will the market outlook play out?

In terms of propylene monomers, it is reported that Bohua PDH is about to be overhauled and Wanhua’s current growth rate is about halved.
The supply side is good, but the downstream inquiry intention is not good, and the transaction is light; according to the current situation, the upstream price is high, but the downstream is not.
Do not buy it, so it leads to a stalemate in the fundamentals of propylene, and it will continue to be weak in the short term

Based on the above analysis, it can be seen that the profit of powder materials is gradually approaching the cost line, and the room for decline is limited.
The willingness of powder materials industry to continue to reduce prices may be weakened.
However, due to the lack of favorable market conditions for powder materials, the bears are still dominant, and a rebound is temporarily impossible

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