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February 2 PP market morning review

 Last Update: 2022-12-08
 Source: Internet
 Author: User

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PP early comment: Yesterday's market prices were stable and small, a small decline, polypropylene futures volatility lower, the industry is pessimistic, but at the beginning of the month, CNPC and petrochemical factory prices are stable, supporting the cost of supply, traders follow the market to ship-based, downstream active enthusiasm for receiving goods is reduced, near the Spring Festival, the overall trading atmosphere in the market weakened.

Market price reference: Beijing market weak sorting, Ningmei 1102K reported 9300 yuan / ton; Ningbo market shock sorting, Donghua T30H reported 9450 yuan / ton; Chengdu market prices partially retreated, Ningmei 1102K reported 9350 yuan / ton
.

Today's forecast: It is expected that the market will stabilize strongly today
.

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