Since entering the winter,Petroleum Resin the domestic petroleum resin market as a whole has also experienced another "cold winter". According to traders,Petroleum Resin this year's weakness in the petroleum resin market has been even more severe than in previous years. The volume of transactions and quotations have weakened significantly compared to previous years. Although the situation has improved slightly,Petroleum Resin traders' pessimism towards the market has not weakened.
The trend of the international petroleum resin market has been sluggish in recent years,Petroleum Resin precisely because the domestic petroleum resin market is inextricably linked to the trend of international oil prices. Therefore,Petroleum Resin the market downturn this winter is not only due to domestic reasons. Although some traders said that this year's domestic market trend is slightly disconnected from the international market,Petroleum Resin on the whole,Petroleum Resin the domestic market still keeps pace with international crude oil prices.
In summary,Petroleum Resin the overall "cold winter" of the petroleum resin market this winter is still sustainable for a period of time due to various international and domestic influences,Petroleum Resin and domestic domestic demand may still be in a weak state. There are still many uncertain and unstable factors in the international trade environment,Petroleum Resin so there are many uncertain factors in the future petroleum resin market. Judging from the current domestic market demand,Petroleum Resin this "cold winter" is not affected by major market positive factors. Under the circumstances,Petroleum Resin the market will still show a weak consolidation.
