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PP market afternoon review on August 21

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

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Yesterday, the PP market price fell slightly, polypropylene futures opened low, and the upside was weak, the industry was pessimistic, traders actively let profits and shipments, but supported by the stable price of CNPC and Petrochemical, the transaction price negotiation space is limited, downstream enterprises wait and see to buy raw materials on demand, and the enthusiasm for active purchase and replenishment is not high
.

Market reference in various places: Qilu Chemical City market fell slightly, Ningmei 1102K reported 9900 yuan / ton, Wuhan market slightly loosened, Wuhan Petrochemical T30S reported 9950-10000 yuan / ton, Chengdu market weak and falling, Ningmei 1102K reported 9950 yuan / ton
.

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

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