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From November initial, polypropylene by futures high pull up, rising continuously, but did not last long, after a few days, the market by the downstream impact of high conflict, such as futures fall, fall into the mode.
Polypropylene futures
Last week, the domestic polypropylene market continued to fluctuate and sort out the trend.
Futures fluctuated slightly, most of the petrochemical plants remained stable, and traders adjusted their offers accordingly.
In terms of new equipment, the newly commissioned Polaris, Sinochem Phase II, and Zhongke refining and chemical equipment have been operating stably.
In terms of demand, the operating rate of the downstream BOPP industry remained at a high level near 60%, the film factory had sufficient orders, the operating rate of the plastic woven industry fell slightly, the export of terminal home appliances increased sharply, and the improvement in automobile sales still provided strong support for demand.
At present, the industrial chain inventory structure is reasonable, and some downstream inventories are lower than in previous years.
(Keyword: polypropylene futures)
