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SunSirs: CPL Price Rose on March 8

March 09 2022 10:02:37     SunSirs (John)

Product Name: CPL

The latest price: 14,033 RMB/ton

Analysis review

The price of CPL rose on March 8, up 0.98% from the previous trading day. As international oil prices continued to rise, the price of raw benzene continued to rise. Due to excessive cost pressure, CPL enterprises are in a state of loss, and manufacturers have raised prices one after another. In the short term, the raw material market may continue to trend upward, and CPL will continue to operate under pressure. Sinopec's high-end CPL quoted 14,600 RMB/ton on the 8th.

Market outlook

In the short term, CPL prices will continue to rise.

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