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[Industry Focus]：In June, the market price of polypropylene powder fluctuated in a narrow range.

Read： 309 Time：16months ago Source：金联创

In June

, the market price of polypropylene powder fluctuated within a narrow range, and the price trend was general. However, the powder cost and demand pressure eased slightly, and the total operating rate of polypropylene powder enterprise equipment increased slightly. However, the release of demand and cost pressures is limited. Although the operating rate of powder manufacturers has increased slightly, it is still at a low level.

in June, the market price of polypropylene powder fluctuated within a narrow range. At the beginning of this month, the international crude oil price trend is not good, PP futures low shock hit the in stock market, propylene monomer prices are weak, give powder support is limited. In addition, the downstream receipt is limited, the merchant mentality is weak, and the price stalemate in the powder market is weak.

subsequently, the international crude oil rise and fall, PP futures shock operation, the in stock market guidance is limited. In addition, acrylic monomer prices also shock finishing. Under the interweaving of bad news and good news, merchants are cautious in their quotations and then adjust slightly. Throughout the month, the powder market price fluctuations are narrow. This month, the price trend of powder is general, but the pressure of powder cost and demand is slightly relieved, and the total operating rate of polypropylene powder enterprise equipment is slightly increased.

data source: Jinlianchuang

from the enterprise profit point of view, this month polypropylene powder market price fluctuations mainly finishing, but propylene unit price bottomed out, so the powder and propylene unit price gap widened, powder industry theoretical profit improvement or even loss profit. Therefore, throughout the month, powder profit pressure has eased, but near the end of this month, propylene unit price rebounded, powder theory profit again seriously upside down.

In terms of demand, June is the busy farming season, and the demand for chemical fertilizers has increased, resulting in an increase in the demand for plastic bags. As a result, the construction of plastic weaving plants has improved. But the good times didn't last long. With the end of the agricultural busy, sales of plastic weaving factories fell again, on-site transactions did not continue to improve, and demand for powder remained limited.

In general, the demand and cost pressures in the powder industry still exist, and the enthusiasm of powder manufacturers is limited, so although the overall operating rate has increased slightly, it is still at a low level.