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February 7 PP market morning review

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

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PP Morning Comment: Yesterday's market was slightly sorted out, some prices fell, crude oil fell and polypropylene futures shocked down to hit the mentality, coupled with the reduction of factory prices by individual companies of CNPC and Petrochemical, the bearish atmosphere in the market is strong, traders actively let profits Strong initiative in shipments, more holidays in downstream factories, and occasionally sporadic small orders to meet just demand
.

Market price reference: Hebei market Shenhua L5E89 reported 9300 yuan / ton; Puyang market refining PPB4228 reported 9800 yuan / ton; Shanghai market Zhenhai T30S reported 9750 yuan / ton
.

Today's Forecast: Expect a narrow market price today
.

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