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PP market afternoon review on August 7

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

Tags

supply demand production

rose

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Yesterday, PP market prices rose, the range was 100-200 yuan / ton, polypropylene futures rose sharply, boosting the market, there are not many circulating supplies, some companies of CNPC and petrochemical raised factory prices to support the cost of supply, traders have a good mentality, actively follow up shipments, downstream factories buy appropriately to maintain their own rigid demand, and the overall trading atmosphere is warm.

Market reference in various places: Qilu Chemical City market quote rose, Ningmei 1102K reported 9840 yuan / ton, Shanghai market volatility upward, Daqing T30S reported 10250 yuan / ton, Xiamen market high up, Fujian United T30S reported 10050 yuan / ton
.

Today's Forecast: The PP market is expected to extend its rally
today.

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