Commodity News
SunSirs: The Wait-and-See Atmosphere Was Getting Stronger, and Propylene Was Falling Slightly
February 10 2023 10:01:10 SunSirs (John)
Price trend
According to the monitoring data of SunSirs, the market price of propylene in Shandong fell slightly on the 9th, with a range of 50 RMB/ton, and the mainstream price of 7,600-7,650 RMB/ton.
Analysis review
On the news side, after the crude oil was lowered for many times, there was a significant rebound recently, but the main downstream PE market was difficult to improve, and the propylene market was constrained.
Market outlook
Under the weak demand, it is expected that the recent propylene market will be dominated by weak shocks.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com
Related Information
- 2024-04-15 SunSirs: The Propylene Market Slightly Increased This Week (April 8-12)
- 2024-04-03 SunSirs: Supply and Demand Gamed, Propylene Price Center Shifted downwards in March
- 2024-03-29 SunSirs: Sales Was Poor and Propylene Prices Broadly Declined
- 2024-03-12 SunSirs: Supply Side Was Favourable, and Propylene Prices Rose (March 4-8)
- 2024-02-28 SunSirs: The Propylene Market Slightly Increased in February
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