The propylene prices in China have continued to drop since February xxxx amid low demand from the downstream polypropylene sector. As of April xxxx, the possibly warmer weather could rebound the demand for downstream polypropylene production. However, despite the expected uptick in procurement, the overall terminal demand has failed to materialize, and the market sentiments of propylene remained dull.
Key Takeaways:
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Propylene prices in China continued to decline amid lower downstream demand.
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The downstream polypropylene sector showcased minimal buyer interest.
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The downstream polymer sector was affected by the US Tariffs trade policies which dampened consumer sentiments.
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An ample stock of inventory further pushed the propylene prices down.
As per 果酱视频, the propylene prices in China are expected to further slide down in the upcoming weeks of April xxxx on the back of lower consumer sentiments. Moreover, a foreseen decline in the feedstock crude oil prices could lower the manufacturing...
