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PP market afternoon review on November 2

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

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Yesterday, the PP market price was stable and small, individual still slightly lower, polypropylene futures fell in shock, some companies of CNPC and Petrochemical lowered the factory price, double bearish hit the market, the industry is pessimistic, traders are more enthusiastic about shipments, downstream factories are ready to buy, and the overall trading atmosphere is warm.

Reference of local market conditions: Panjin market part down, Daqing refining and chemical T30S reported 10400 yuan / ton, Lanzhou market narrow consolidation, Lanhua T30S goods less than 10200 yuan / ton, Shantou market weak sorting, Fujian United T30S reported 9900 yuan / ton
.

Today's forecast: overnight crude oil plunge hit the mentality, and it is expected that the PP market will weaken today
.

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