Propylene: The game of supply and demand rises first and then falls

In the first half of the year, affected by the supply and demand side, the overall propylene market showed a "V"-shaped tre.

Looking forward to the market trend in the second half of the year, industry insiders believe that due to the dominance of supply and demand, the market price of propylene will show a trend of rising first and then falli.

Supply is gradually increasing

In the early stage, the inventory of local refining enterprises was not high, and the price of propylene continued to ri.

In terms of supply, in the second half of the year, there will be more new production capacity of propyle.

"Because most of the production units are concentrated in active propylene trading areas such as Northeast and East China, they will have a greater impact on the market in Shandong and East Chi.

Longzhong Information propylene analyst Zhang Min analyzed that Shandong is a province with a large demand for propyle.

Demand is basically stable

According to industry analysts, the third quarter is the peak season for the downstream of propylene, and the demand is expected to increa.

"The demand for propylene is basically stable in the second half of the year, and the overall operating rate of the downstream will remain at 55% to 6

Han Yong also holds the same vi.

Raw material association enhancement

From the perspective of oil, the main raw material of propylene, the market price in the third quarter is expected to rise, which may bring cost support to the propylene mark.

On July 12, the total number of oil rigs in the United States hit a new low in 201 Considering the lag of the impact, if oil drilling does not resume immediately,.

"The reduction of production in the third quarter and the destocking of the United States are good, and the price of crude oil will fluctuateand ri.