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The price of wire drawing/copolymerization is upside down
The price of wire drawing/copolymerization is upside downSince the beginning of July, with the sharp rise of PP futures, the PP wire drawing as a standard product has followed up rapidly, and as a non-standard product copolymer, the increase has been slow.
The supply of PP copolymer is too large
The supply of PP copolymer is too largeIn addition to the rising price of wire drawing, the high price of powder materials is still supporting the reason why the price of pellets remains hi.
Downstream demand for copolymers is weak
Downstream demand for copolymers is weakThe downstream demand for co-polymerization is not optimist.
Market outlook development
Market outlook developmentBased on the above analysis, in the future, PP polypropylene wire drawing materials will be further strengthened due to the influence of futures and dema.