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Recently, the Sino-US trade friction has re-emerged, and international oil prices have plummeted, but the main PP contracts have not overreacted, and the relatively stable cost and fundamentals have formed a great support for prices; Affected by problems such as overvaluation of spreads, PP's medium and long-term market operating pressure is expected to increa.
The overall performance of polypropylene in July was ascribed and fe.
The price of copolymerization is upside down and drawn, and the price difference needs to return
The price of copolymerization is upside down and drawn, and the price difference needs to return
The copolymer price is drawn upside do.Petrochemical inventory pressure is revealed again, and it is difficult for PP to effectively reduce inventory
Petrochemical inventory pressure is revealed again, and it is difficult for PP to effectively reduce inventory
Petrochemical inventory pressure is revealed again, PP is difficult to effectively reduce inventory Petrochemical inventory pressure is exposed again, PP is difficult to effectively reduce inventory Petrochemical inventory pressure is exposed again, PP PPis difficult to effectively reduce inventoryThe rebound in the spot price of polypropylene in mid-June can actually be understood as a poor expectati.
Profit valuation is high, correction is possible
Profit valuation is high, correction is possible
Profit valuation is high, correction is possible Profit valuation is high, correction is possibleThe spot level of polypropylene, whether in terms of production profit or the price difference between varieties (drawing-copolymerization), its valuation is at a high lev.
The new plant is put into production and the supply transitions to a looser
The new plant is put into production and the supply transitions to a looserIn July 2019, the maintenance loss of polypropylene plants in China was about 253,800 tons, most of which were planned maintenance plants, and a few were temporarily shut down for maintenan.
