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July 17 PP market afternoon review

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

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Yesterday, the PP market price was partially higher by 50 yuan / ton, polypropylene futures rose slightly, coupled with the increase in factory prices by individual companies of CNPC and Petrochemical, traders have a good mentality, with over-reported shipments, downstream factories choose low prices and appropriate sources of goods are traded, and high-priced goods are not traded smoothly
.

Local market reference: Hebei market tight price is high, Shenhua L5E89 reported 9150 yuan / ton, Hangzhou market quoted a high price, Shaoxing T30S reported 9350 yuan / ton, Chengdu market price is stable, Ningmei 1102K reported 9400 yuan / ton
.

Today's forecast: overnight crude oil plunge hit the mentality, and the PP market is expected to stop rising
today.

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