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April 11 PP market afternoon review

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

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Yesterday, the PP market price rose slightly by 50-100 yuan / ton, polypropylene futures rose to boost the mentality, coupled with the increase in factory prices by some companies of CNPC and Petrochemical, traders firmly held the factory price, rarely willing to make profits and shipments, cautious buying in the downstream wait-and-see, the overall trading atmosphere is acceptable
.

Reference of local market conditions: Hangzhou market narrow finishing, Sanjin T30S reported 8950 yuan / ton; Chongqing market high finishing, Sichuan L5E89 reported 8900 yuan / ton; Guangzhou market prices partially rose, Guangxi Qinzhou L5E89 reported 9050 yuan / ton
.

Today's forecast: Overnight crude oil closed higher to boost mentality, and the PP market is expected to extend its rally
today.

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