Group 1 - The domestic futures market for polypropylene showed a significant decline, with the main contract opening at 6176.00 CNY/ton and closing with a drop of 1.18% [1] - The average capacity utilization rate for polypropylene is reported at 78.25%, reflecting a month-on-month increase of 0.64%, while Sinopec's utilization rate decreased by 2.14% to 77.37% due to maintenance of certain facilities [2] - The inventory of polypropylene in China stands at 565,200 tons, marking an increase of 3.46% compared to the previous period [2] Group 2 - The futures market sentiment is bearish, with low willingness to hold inventory across various segments, and demand from downstream sectors showing signs of weakness [2] - Despite some maintenance activities, weekly production levels remain high, limiting the alleviation of market pressure, while overall inventory continues to rise [2] - The price of polypropylene is expected to remain under pressure due to fluctuating crude oil prices and deteriorating profit margins, although no loss-making shutdowns have been reported [2]
需求端转弱对盘面支撑不足 聚丙烯预计继续承压
Jin Tou Wang·2025-12-12 08:05