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PP market afternoon review on October 25

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

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Yesterday, the PP market price fell slightly, the range was about 100 yuan, polypropylene futures opened low, which had a certain negative impact on the market, some companies of CNPC and Petrochemical lowered the factory price, the supporting role of the cost of supply weakened, traders actively let the profit shipment reduce their own inventory, downstream enterprises waited and watched to buy as they go, and the overall trading atmosphere was light
.

Reference of local market conditions: Linyi market fell slightly, Shenhua Yulin S1003 reported 10700 yuan / ton, Changzhou market low consolidation, Yanlian T30S reported 10900 yuan / ton, Wuhan market weak downward, Wuhan petrochemical T30S reported 10750 yuan / ton
.

Today's forecast: It is expected that the PP market will still weaken today
.

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