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PP market afternoon review on October 23

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

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Yesterday, the PP market was mainly sorted out, the price in some areas still fell slightly by 50-100 yuan / ton, polypropylene futures opened low and individual companies of CNPC lowered the factory price, double bearish hit the market, pessimism in the market was pervasive, traders increased their enthusiasm for shipments, real transactions were more profitable, downstream enterprises wait-and-see, limited trading volume
.

Market reference in various places: Tianjin market quotation declined, Ningmei 1102K reported 10800 yuan / ton, Hebei market trading sorting, Shenhua L5E89 reported 10800 yuan / ton, Hangzhou market weak fall, Shaoxing T30S reported 10850 yuan / ton
.

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

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