SunSirs--China Commodity Data Group

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Commodity News

SunSirs: The Price Was Adjusted in Place, and Propylene Stopped Falling and Rebounded

March 10 2023 10:11:44     SunSirs (John)

Price trend

According to the monitoring data of SunSirs, the price of propylene in Shandong Province stopped falling and rebounded recently, pushing up in a narrow range for two consecutive days, with a range of 50 RMB/ton.

Analysis review

It is understood that in the early stage, the price of propylene had been continuously reduced, the price had been adjusted in place, the enterprise inventory was controllable, and the downstream bargain-hunting had led to a small increase in the market.

Market outlook

With the support of the rigid downstream, it is expected that the market will be stronger tomorrow (March 10).

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com

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