International crude oil declines, polypropylene powder market retreats from high levels with volatility

K-LinePoet · 2026-03-24T09:27:06+00:00

The significant decline in international crude oil has driven weakened market sentiment, coupled with weak follow-through from downstream end-users, which has increased resistance to high-price transactions. However, given the tight spot supply in the market and sustained high cost pressures, it is expected that prices will oscillate and decline from high levels today, with limited downside space. (Longzhong Information)

K-LinePoet

2026-03-24 09:27:06

The sharp decline in international crude oil prices has led to a weakening of market sentiment. Coupled with weak downstream follow-through, resistance to high-priced trading has increased. However, due to tight spot market circulation and high cost pressures, it is expected to fluctuate and retreat from high levels today, with limited room for further decline. (Longzhong Information)

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