Price trend
On the 7th, the propylene market was adjusted at a low level, and the mainstream price of propylene in Shandong was 7400-7550 yuan / ton. The current market supply is loose, and most downstream products are weak, with poor demand. Although the cost side support is acceptable, under the guidance of demand, enterprises give up profits and take away goods, and the price keeps bottoming out.
Forecast: it is difficult to break the contradiction between supply and demand in the market. It is expected that the propylene price will be adjusted at a low level in the near future.
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