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PP market afternoon review on August 13

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

Tags

petrochemical industry

polypropylene price

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On Friday, the PP market price rose steadily, the range was 50-100 yuan / ton, polypropylene futures plunged in the afternoon, which had a certain bearish impact on the market, the circulation of goods is not much, some companies of CNPC and petrochemical raised the factory price to limit the release, traders rarely have the willingness to make profits and shipments, downstream accompanying the appropriate purchase price of low sources, high-priced goods transaction blocked
.

Reference of market conditions in various places: Linyi market quoted a slight rise, Shenhua Yulin S1003 reported 10050 yuan / ton, Changzhou market slightly increased, Yanlian T30S reported 10200 yuan / ton, Wuhan market continued to be high, Wuhan Petrochemical T30S reported 10050-10100 yuan / ton
.

Today's Forecast: The PP market is expected to fluctuate
in a narrow range today.

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