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March 19 PP market morning review

 Last Update: 2022-12-09
 Source: Internet
 Author: User

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On Friday, the PP market price was weak and fell, the range was about 100 yuan, polypropylene futures fell and individual petrochemical companies were lowered, double bearish blows, the spot market was under obvious pressure, traders were bearish, actively let profits facilitate transactions, downstream factories were cautious, the willingness to purchase raw materials was not high, and the overall transaction follow-up was insufficient
.

Local market price reference: Zhengzhou market raw petrochemical T30S reported 8800 yuan / ton; Shanghai market Fuji S1003 reported 8750 yuan / ton; Shunde market Maoming T03 reported 8480 yuan / ton
.

Today's forecast: Crude oil closed higher on Friday to boost sentiment, and it is expected that the weak state of the PP market today is expected to ease
.

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