PBR prices: Will the market continue to drag down prices? – 13 Jul 2022

The market continues to be dragged down by fundamentals, as prices continue to remain depressed all around, due to fears of a looming recession. Prices have been falling. We expect the negative trend to continue for some more time. However, PBR prices are related to the price of crude, and if crude prices continue to trend upwards, despite lower demand, it will be difficult to keep the price of this material from rising.

Find out what our price projections are for PBR in the coming week