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PP market afternoon review on August 20

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

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On Friday, the PP market price softened slightly, the range was 50 yuan / ton, polypropylene futures fell sharply, hitting the mentality of the industry, CNPC and petrochemical factory prices were stable, supporting the cost of supply, traders were more enthusiastic about shipments, downstream factories waited and watched to purchase raw materials on demand, and real transactions were concentrated in a single talk
.

Local market reference: Qilu Chemical City market fell slightly, Ningmei 1102K reported 9950 yuan / ton, Hangzhou market bid soft, Shaoxing T30S plant reported 10000 yuan / ton, Xiamen market weak decline, Fujian United T30S reported 10060-10080 yuan / ton
.

Today's Forecast: The PP market is expected to remain weak
today.

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