Cyclopropane Forecast: Limited Orders, Difficult to Bottom

As of July 19, the mainstream PO markets in Shandong and North China are generally 8600-8700 yuan/ton. At present, the demand side has not improved much, and the market lacks good news support. Risk aversion is still the main theme. The downstream part continues to digest inventory, and some purchase in moderation. The demand for cyclopropane is not high in the short term. The liquid chloropropene at the raw material end has limited support for cyclopropane. Cyclopropane manufacturers have suffered from poor shipments one after another, and the inventory pressure has returned to a high level. It is expected that cyclopropane will continue to be weak this week, and the focus will be on the recovery of downstream demand and the shipment situation of manufacturers.