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PP market afternoon review on November 15

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

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oil price forecast

petrochemical

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Yesterday, the PP market price continued to fall by about 100 yuan, polypropylene futures opened low, and the factory price of CNPC and Petrochemical was lowered, double bearish blow, the industry was pessimistic, traders lacked confidence in the future market, actively let profits shipments, clean up their own inventory, downstream initiative to receive goods is not high, the overall trading atmosphere is light
.

Local market reference: Hebei market offer soft, Hupec T30S reported 9950 yuan / ton, Nanjing market offer lower, Fuji S1003 reported 10000 yuan / ton, Chengdu market price declined, Sichuan Petrochemical L5E89 reported 10000 yuan / ton
.

Today's Forecast: PP market prices are expected to remain lower
today.

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