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July 16 PP market afternoon commentary

 Last Update: 2022-12-11
 Source: Internet
 Author: User

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On Friday, the PP market price rose slightly by 50-100 yuan / ton, polypropylene futures opened high to boost the market trading, there are not many circulating supplies, traders have a strong mentality, there is little willingness to make profits in real transactions, the downstream mentality is cautious, the psychology of resistance to high-priced goods is strong, and the transaction price is mainly
negotiation.

Market reference in various places: Qilu Chemical City market rose slightly, Ningxi coal 1102K reported 9170 yuan / ton, Changzhou market shock sorting, Donghua T30H reported 9250 yuan / ton, Guangzhou market price up, Guangxi Qinzhou L5E89 reported 9350 yuan / ton
.

Today's forecast: Crude oil closed higher on Friday to boost mentality, and the PP market is expected to maintain its rally today
.

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