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March 2 PP market morning review

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

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density crude oil

crude oil price today

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Yesterday, PP market prices were mixed, crude oil continued to fall and some companies of CNPC and Petrochemical lowered factory prices, traders offered more down, but polypropylene futures rose, narrowing the decline in spot prices, downstream demand was light, and transactions were concentrated in small orders
just needed.

Market price reference: Panjin market partially weakened, Jinxi 1102K reported 8850 yuan / ton; Hangzhou market weak finishing, Sanjin T30S reported 9050 yuan / ton; Chengdu market prices continued to fall, Ningmei 1102K reported 8900 yuan / ton
.

Today's forecast: crude oil fell again overnight, and PP market prices are expected to remain weak
over the weekend.

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