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PP market afternoon review on October 29

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

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PP market: last Friday's market price still fell slightly, the range was 50-100 yuan / ton, polypropylene futures rose slightly, the effect on the market boost is limited, some companies of CNPC and petrochemical lowered the factory price, and near the end of the month, holders are bearish on the market, shipment enthusiasm has improved, downstream mentality is cautious, transactions are still concentrated in rigid demand
.

Reference to market conditions in various places: Tianjin market offer is lower, Ningmei 1102K is reported at 10500 yuan / ton; Beijing market quotation retreated, Hupec T30S reported 10600 yuan / ton; The Xiamen market continued to decline, with Fujian United T30S reporting 11,000 yuan / ton
.

Today's forecast: PP market prices are expected to remain weak and fall
today.

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