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Demand is still weak, PP market outlook is not optimistic

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

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On the supply side, there were not many production and maintenance devices in the first ten days of July, most of them were Shenhua Ning Coal, Luoyang Petrochemical and other manufacturers; such as Dushanzi Petrochemical, Shenhua Yulin and other manufacturers concentrated in the middle and late days of shutdown for maintenance, which eased the inventory pressure slightly; however, downstream demand There is no significant improvement, and the merchants are slightly pessimistic about the market outlo.

Spot: In July, the PP market rose first and then weaken.

Prediction: At the beginning of the month, the price of petrochemical companies was stable, and the inventory of "two barrels of oil" accumulated at a high level, and the negative situation gather.

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