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March 26 PP market morning review

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

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On Friday, PP market prices mainly fell, the range was 50-100 yuan / ton, Trump announced the tax increase plan on Chinese goods, polypropylene futures fell sharply, the industry was pessimistic, the spot market was under obvious pressure, some traders closed and waited, the seller's market willingness to ship was reduced, and the downstream factory inquiry enthusiasm was acceptable, but driven by the psychology of buying up and not buying down, the real transaction was light
.

Market price reference: Hebei market is weak and falling, Shenhua L5E89 reported 8450 yuan / ton; Wuhan market price sorting, Jingmen Petrochemical T30S reported 8500 yuan / ton; The price of the Shantou market fell, and Fujian United 1080K reported 7950 yuan / ton
.

Today's forecast: Last Friday's rise in crude oil boosted sentiment, and the PP market is expected to be weak and stable
today.

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