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PP market afternoon review on August 9

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

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Yesterday, the price rally of the PP market slowed down, polypropylene futures opened low, which had a certain negative impact on the market, but crude oil closed higher and some companies of CNPC and petrochemical raised factory prices, continuing to boost the mentality of the industry, traders shipped step by step, downstream resisted high-priced goods, wait and see the appropriate amount of raw materials to maintain their own production
.

Local market reference: Qilu Chemical City market quote rose, Ningmei 1102K reported 9950 yuan / ton, Nanjing market shock sorting, Donghua T30H reported 10020 yuan / ton, Wuhan market continued to rise, Wuhan Petrochemical T30S reported 10050-10080 yuan / ton
.

Today's forecast: It is expected that the PP market will stabilize today
.

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