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The market trend is unexpected, polypropylene powder is chasing after the pellets

 Last Update: 2022-08-17
 Source: Internet
 Author: User

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The polypropylene market in July was unexpected, and the seasonal demand was able to walk out of a straight upward trend in the off-season, which made the industry look forward to .

The trend of spot futures is unexpected

From the comparative analysis of futures and spot data, it is found that the price difference between futures and spot in July gradually narrowed, and the two remained flat in pa.

The impact of inventory on the market

From the above figure, it can be seen that the two oil inventories have been in a low and volatile situation since Ju.

The powder basis is narrowed

It can be seen from the above figure that after the middle and late June, the basis difference between polypropylene pellets and powder has narrowed significant.

Fourth, polypropylene powder is inseparable

Polypropylene powder and pellets are two inseparable products in the propylene industry chain, and even the downstream has some common classificatio.

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