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August 29 PP morning market afternoon commentary

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

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Yesterday, the PP market price was narrowly sorted, polypropylene futures opened high and then fluctuated lower, which had a certain bearish impact on the market, CNPC and petrochemical factory prices stabilized the cost of supply, traders shipped limited profits, downstream factories purchased raw materials on demand, and the overall trading atmosphere was warm.

Market reference: Qilu Chemical City market rose slightly, Qingdao T03 reported 9950 yuan / ton, Shanghai market offer sorting, Daqing refining and chemical T30S reported 9900 yuan / ton, Xi'an market shock sorting, Yanlian T30S at 9600 yuan / ton
.

Today's forecast: It is expected that the PP market price will be stable today
.

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