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PP market narrow finishing traders ship cautiously

 Last Update: 2022-12-06
 Source: Internet
 Author: User

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From the perspective of the previous trading day, the domestic PP market stopped falling and weakened, the mainstream price of wire drawing was 8250-8600 yuan / ton, and some markets loosened 50 yuan / ton
.
The ex-factory price of some petrochemicals rose and the market supply cost support strengthened
.

PP market

PP futures opened high and choppy, but fell in the afternoon, and the market mood turned from joy to sadness
.
Traders follow the trend of shipments, downstream maintenance of on-demand procurement, market trading atmosphere is general
.

Some production enterprises are greatly affected by environmental protection supervision, and the current production enthusiasm is not high, the operating rate is low, and the intention to stock up is not strong
.

Recently, many PP devices have been restarted, and the operating rate is 88.
6%.

Shenhua's auction transaction rate has declined
due to the impact of futures.
It is expected that the PP market price will be sorted out in a narrow range next week
.

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