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March 6 PP market morning review

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

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Yesterday, the PP market price was narrowly sorted, and polypropylene futures fluctuated lower to hit the mentality, but individual companies of CNPC and Petrochemical raised the factory price, alleviating the bearish impact of futures, traders are cautious, and the shipment is mainly carried out step by step, and the downstream is still recovering production, and the source digestion capacity is limited.

Market price reference in various places: Shijiazhuang T03 in Qilu Chemical City market reported 9050 yuan / ton; Hangzhou market Sanjin T30S reported 9150 yuan / ton; Chengdu market Ningmei 1102K reported 8950 yuan / ton
.

Today's forecast: The surge in crude oil overnight boosts the mentality, and it is expected that the PP market price will have a slight upward trend
today.

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