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April 12 PP morning review

 Last Update: 2022-12-05
 Source: Internet
 Author: User

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Yesterday, the price of the PP market weakened steadily, and polypropylene futures fell sharply to hit trading
.

CNPC and Petrochemical companies have lowered their ex-factory prices, pessimism spreads in the market, traders ship with their own supply conditions, the center of gravity of transactions has shifted downward, and downstream factories receive goods
on demand.

Market reference: Changzhou market shock finishing, China Coal L5E89 reported 8150 yuan / ton, Xi'an market narrow finishing, Yunenghua T30S sub-brand at 7950 yuan / ton, Xiamen market weak finishing, Fulian T30S reported 8400 yuan / ton
.

Today's Forecast: The PP market is expected to remain weak
today.

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