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PP market afternoon review on November 13

 Last Update: 2022-12-13
 Source: Internet
 Author: User

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Yesterday, the PP market price fell slightly by about 100 yuan, polypropylene futures opened sharply lower, hitting the mentality of the industry, some companies of CNPC and Petrochemical lowered the factory price, traders are more worried about the future market, accompanied by active profit shipments, in the face of the decline, downstream manufacturers are mainly wait-and-see, and the transaction is concentrated in just need of small orders
.

Local market reference: Tianjin market fell slightly, Ningmei 1102K reported 10150 yuan / ton, Hangzhou market bid soft, Shaoxing T30S reported 10180-10200 yuan / ton, Shantou market price continued to fall, Fujian United T30S reported 9900 yuan / ton
.

Today's forecast: The PP market is expected to remain weak
today.

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