Analysis of 7PP granule and powder market from 2016 to 2017
Analysis of 7PP granule and powder market from 2016 to 2017
The recent oil rebound and equipment maintenance continue to support the surface of the disk, and the supply of market supply continues to tighten at the end of the month, and the sellers will not have much pressure to deliver the goods. The two oil stocks gradually declined, supporting the two oil price increases, the market bullish atmosphere. With the rise of spot prices, downstream factories are willing to pick up their goods, and the market trading atmosphere is weak. In the aspect of powder, domestic powder market rose sharply. The domestic supply of propylene is in short supply, and the price increase is greater.
PP futures have recently advanced
Together with the high price pressure of raw material propylene, the powder industry has a strong confidence in the market, and has raised prices sharply. Buy rise not buy fall psychological influence, downstream take goods actively, intermediary goods shipment smooth. In the long run, the price gap between granules and powder is narrowed further, and the price of powder market has been rising rapidly or increasing downstream resistance. There is no difference between the powder and the granule, and the powder company has sales pressure. Near the end of the weekend some merchants made a narrow concession to make delivery. It is expected that the powder market will be shaken in the next week, and there will be a narrow price increase.
At the end of the month there was no market drop
The business offer continues the concussion to organize the trend. The drawing is estimated to be 7800-8100 yuan/ton, with a total of 8,200-8,800 yuan/ton. In the later market, in the end of the month, the two oil stops to settle, the factory price stability support. The decline of PP futures has depressed market sentiment, and the demand side has continued to be weak. However, due to the shortage of propylene, the price of powder has been pushed up, the price of powder has been rising rapidly and the middlemen have been actively rising, but the high prices of the downstream factories have shown a little resistance, and the demand side has come back hard.
