市场面临一定出货压力 预计聚丙烯短期震荡运行

Core Viewpoint - Polypropylene futures showed a slight decline of 0.17%, closing at 7062.00 yuan, with expectations of short-term fluctuations in the market [1] Group 1: Market Analysis - Ningzheng Futures predicts that the PP01 contract will experience short-term fluctuations due to increased polypropylene production and overall ample supply, with commercial inventory rising above levels seen in the same period over the past two years [1] - Guantong Futures also anticipates recent fluctuations in the PP market, suggesting a 09-01 reverse spread strategy, citing limited new orders and weak downstream purchasing intentions [1] Group 2: Supply and Demand Dynamics - The increase in polypropylene production capacity, particularly with the upcoming launch of CNOOC's Ningbo Daxie PP plant in August, contributes to the supply side, while downstream recovery remains slow due to seasonal weather conditions [1] - The Ministry of Industry and Information Technology's upcoming release of a new plan for ten key industries, including petrochemicals, aims to stabilize growth, although no concrete policies have yet been implemented in the polypropylene sector [1]