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PP market afternoon review on March 9

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

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Yesterday, the PP market price was weak and fell slightly, the range was 50 yuan / ton, polypropylene futures fell sharply, individual companies of CNPC and Petrochemical lowered their factory prices, coupled with sluggish terminal demand, traders increased their enthusiasm for shipments, there was more room for negotiation in the real market, the willingness to take the initiative to receive goods downstream was not high, and the transaction performance was still light
.

Market price reference: Puyang market weakened slightly, Zhongyuan Petrochemical T30S reported 8900 yuan / ton; The Shanghai market was weak and volatile, and Fushun L5E89 reported 9100 yuan / ton; Chongqing market price sorting, Sichuan L5E89 reported 8850 yuan / ton
.

Today's forecast: Overnight crude oil plunge hit the mentality, it is expected that today's PP market price still has downside
.

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