After the return of the market continued to rally, just two days in the domestic polypropylene market center of gravity rose nearly 400 yuan/ton. in the short term, the market is not lack of upward momentum, but with higher prices after the lower resistance to the psychological increase, the market worries more atmosphere, the rally can continue for how long? It is understood that although petrochemical inventories have accumulated, but the market as a whole appears to be positive news-oriented. First of all, crude oil continued to spike during the festival, and the support from the cost side did not decrease. secondly, during the festival, Shaoxing three Kam and Hebei Haiwei fault parking, as well as after the Taiwan plastics ningbo, Shanghai secco, Fujian United and other equipment maintenance to the market part of the supply of the tight situation is difficult to ease.
again, before and after the festival, the downstream just need to replenish the market again, in many positive support after the market after the rally Again. After the petrochemical inventory consumption faster, short-term supply and the cost of support good market, but the price continues to sharply higher, slightly inconsistent downstream, the market high-priced supply Volume decreased, so that the market wait-and-see atmosphere Aggravating.
later, the market or the existence of a certain amount of time to consume gains. After the installation of centralized overhaul, Ningbo Fook gay, Shenhua baotou, God huaning coal, such as equipment restart, the market is expected to ease the situation of wire drawing supply, while domestic prices are high, the supply of imports increased, supply surface pressure will gradually increase.
and demand, Although just need to drive the market before and after the festival, but high raw material prices downstream profit pressure, production enthusiasm is poor, downstream at present with the use of mining, difficult to have a large number of stock, later demand will be Cooled. In a comprehensive view, the short-term market positive support does not reduce the main upward.
But later with the need for procurement and the end of the installation overhaul, the market for more than the need to tend to obvious, upward resistance increases, China-yu is expected, the short-term market continued high, with the gradual dissipation of market benefits, the late high-level deposit and retreat Risk. Polypropylene Pellets: Short-term benefits not Reduced | How long does the rally last?