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In June, the propylene market stabilized and rebounded, and prices began to ri.
"At present, the price of propylene is at a relatively high positi.
Good supply and demand
Good supply and demandThe market price of propylene fell sharply in the early stage, and the main negative factor was the increase in supp.
From the perspective of supply, the total domestic production of propylene from January to May reached 15128 million tons, a year-on-year increase of 122%; the total import of propylene from January to April reached 1382 million tons, a year-on-year increase of 22
In June, the supply of propylene in the external disk was relatively sma.
Wang Zhiqiang, chief of the chemical department of the Marketing and Transportation Department of Jinzhou Petrochemical Company, said that with the advent of summer, the number of new propylene production enterprises entering maintenance has decreased significant.
Downstream profit compression
Downstream profit compressionWith the rise of propylene market prices, the profit margin of downstream products has narrowed significantly, especially downstream polypropylene powder and butanol manufacturers are hovering near the cost li.
At present, some powder production enterprises with relatively high costs have already experienced negative negative effects, and the market price of butanol and octanol has continued to decline, which has intensified the compression rate of product profi.
"Recently, the profit margin of the main downstream products of propylene has narrowed significant.
Market outlook is limited
Market outlook is limitedAccording to the propylene market monitoring of the business community, since the beginning of this year, the focus of propylene prices has shifted significant.
Industry experts believe that from the perspective of the center of gravity of the average price of propylene, this year has dropped significantly year-on-ye.
Regarding the late trend of the propylene market, the propylene analysts of the Chemical Industry Branch of the Sunshine Society believe that the macro perspective is still not optimistic, and the negative impact on the market mentality will continue to exi.
