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PP market afternoon review on March 16

 Last Update: 2022-12-09
 Source: Internet
 Author: User

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Yesterday, the PP market price was sorted out in a narrow range, with a fluctuation range of 50 yuan / ton
.
Petrochemical inventories have declined slowly, and supply and demand pressures remain
in the short term.
Traders have a heavier skepticism and actively ship operations
.
Downstream demand remained weak, factories maintained general procurement, and transactions did not improve
significantly.

Market reference: Shunde market weak sorting, Zhanjiang V30G reported 8400 yuan / ton; The market of Qilu Chemical City rose slightly, and Hupec T30S reported 8650 yuan / ton; Hangzhou market narrow finishing, Yunenghua EPS30R reported 9050 yuan / ton
.

Today's forecast: It is expected that the PP market price will be stable today
.

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