Jun PP Unit Keeping Largely Steady Production
In June, overall operating rate changed narrowly, and some newly added units failed to be put into use as scheduled. The overall supply pressure was not high.
The operating rates increased at first but then declined in June, lingering at the range of 89%-91%, and the overall operating rate rose slightly by 0.22%. In H1 June, operating rates of PP units headed up, as units ran normally and some previously stopped units resumed production. But operating rates dropped marginally with more units undergoing maintenance.
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