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PP market afternoon review on March 21

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

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Yesterday, PP market prices fell slightly, crude oil closed down and polypropylene futures fell, and some companies of CNPC and Petrochemical lowered factory prices, the lack of favorable support in the market, traders are pessimistic, and actively let profits and shipments follow, downstream factories purchase raw materials on demand, and the trading volume is difficult to effectively release
.

Market price reference: Qilu Chemical City market Shijiazhuang T03 reported 8650 yuan / ton; Hangzhou market Sanjin T30S reported 8600 yuan / ton; Guangzhou market Fujian United T30S reported 8850 yuan / ton
.

Today's forecast: Overnight crude oil closed higher to boost mentality, and it is expected that the PP market is expected to stabilize
today.

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