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PP market afternoon review on August 23

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

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Yesterday, the PP market price weakened slightly, polypropylene futures rose intraday, boosting the market, some companies of CNPC and Petrochemical lowered the factory price, traders were affected by this, with the profit shipment to clean up the inventory, downstream factories real purchase price low source, trading volume concentrated in rigid demand
.

Local market reference: Qilu Chemical City market weak sorting, Ningmei 1102K reported 9850 yuan / ton, Beijing market fell slightly, Ningmei 1102K reported 9850 yuan / ton, Shanghai market weak consolidation, Daqing Petrochemical T30S reported 10400 yuan / ton
.

Today's forecast: The surge in crude oil overnight boosts sentiment, and it is expected that the weakness in the PP market is expected to ease
today.

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