Commodity News
SunSirs: Supported by Demand, Shandong Propylene Market Rose Slightly
March 17 2023 09:31:02 SunSirs (John)
Price trend
Recently, the propylene market in Shandong Province was stronger, and the mainstream price was 7,350-7,400 RMB/ton.
Analysis review
The overall situation of downstream demand was good, propylene enterprises shipped smoothly and the quotation was strong and upward. However, the recent downward trend of crude oil and polypropylene had dragged down the market mentality.
Market outlook
In the short term, the resistance of propylene to continue to rise increases, and it is expected that the propylene market in Shandong will maintain a stronger operation.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
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