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PP market afternoon review on August 14

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

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Yesterday, the PP market price fell from a high level, the range was 50 yuan / ton, polypropylene futures opened low, making the market pressure obvious, more traders actively let profits and shipments, reduce their own inventory pressure, downstream mentality is cautious, real buying strength is limited, the overall trading atmosphere is flat
.

Local market reference: Qilu Chemical City market offer sorting, Ningmei 1102K reported 9980 yuan / ton, Ningbo market weak sorting, Donghua T30H reported 10000 yuan / ton, Shunde market offer soft, Maoming T03 reported 9350 yuan / ton
.

Today's forecast: overnight crude oil closed down hit the mentality, and the PP market is expected to still loosen today
.

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