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    Home > Chemicals Industry > New Chemical Materials > PP market quotations fluctuate to the upside, traders wait and see the future market

    PP market quotations fluctuate to the upside, traders wait and see the future market

    • Last Update: 2022-12-06
    • Source: Internet
    • Author: User
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    This week, the domestic PP market price showed a volatile upside, and traders are advised to be cautious about the future market
    .
    Although environmental inspections have forced most downstream factories to reduce loads, the current high prices of futures and petrochemicals have formed a certain positive support
    for the market.

    PP market

    In crude oil, crude oil prices have been volatile lower
    this week.
    On Friday, the NYMEX September crude oil futures contract settled at $
    48.
    82 per barrel.
    October Brent crude futures settled at $
    52.
    10 a barrel.
    NYMEX crude futures rose on Thursday, ending a three-day losing streak, with the September contract settling at $
    47.
    09 a barrel.
    Brent crude oil futures for October settled at $
    51.
    03 a barrel.

    From the spot market, the price of PP market this week rose by 50-100 yuan / ton
    .
    On Friday, the mainstream price of East China wire drawing market was 8400-8550 yuan / ton, the mainstream price of South China wire drawing market was 8450-8600 yuan / ton, and the mainstream price of North China wire drawing market was 8250-8400 yuan / ton
    .
    On Friday, the mainstream price of East China wire drawing market is 8450-8550 yuan / ton, the mainstream price of South China wire drawing market is 8500-8600 yuan / ton, and the mainstream price of North China wire drawing market is 8300-8450 yuan / ton
    .

     

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