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April 10 PP market afternoon review

 Last Update: 2022-12-09
 Source: Internet
 Author: User

Tags

factory price

rose

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Yesterday, the PP market price rose by 50-250 yuan / ton, mainly due to the tight supply of goods, some companies of CNPC and Petrochemical raised the factory price, coupled with the high opening of polypropylene futures, the mentality of the industry has been greatly boosted, traders rarely have the willingness to make profits and shipments, and the downstream cautious wait-and-see to purchase raw materials
on demand.

Market reference in various places: Qilu Chemical City market rose, Shijiazhuang T03 reported 8600 yuan / ton; The Shanghai market fluctuated to the upside, and Dalian T30S reported 8900 yuan / ton; Shantou market prices rose, Fujian United T30S reported 8150 yuan / ton
.

Today's Forecast: The PP market is expected to consolidate
at a high level today.

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