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The propylene market price continues to yield profits, is the transaction better?

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

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Recently, the supply of propylene market is relatively sufficient, and the profit of downstream products is thin, which may affect the upside of the propylene market, and the market price is expected to rise, but the increase is limit.

Due to the continuous decline of international crude oil, the negative impact on the cost side has been greatly affected; the price of polypropylene futures has fallen, and the spot price of the powder market has also correct.

Since June, the market price of propylene has risen rapidly, the profit margin of downstream products has also been greatly reduced, and polypropylene powder is basically struggling near the cost li.

In summary, it is expected that the market price of propylene is expected to rise in a short period of time, and the rate of increase is expected to be limit.

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