 Home > Chemicals Industry > New Chemical Materials > Spot market transactions are generally PP market quotations are large and stable

Spot market transactions are generally PP market quotations are large and stable

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

Tags

ethanol spot price

average

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

From the perspective of the previous trading day, the domestic PP market is mainly stable and small, and the mainstream quotation of wire drawing is 7800-8100 yuan / ton
.
PP futures are running in shocks, petrochemical factory prices are stable, spot market prices are mainly sorted out in stability, and the momentum for continuing to rise is insufficient, the market transaction is average, and the price changes little
.

PP market

In crude oil, WTI August crude futures closed up $0.
59, or 1.
30%, at $46.
08 a barrel
.
Brent crude for September delivery closed up $0.
68, or 1.
42 percent, at $48.
42 a barrel
.

At present, petrochemical plants are being started up one after another, and the operating rate is gradually increasing, approaching 90%; Futures volatility sorting, has a limited
impact on market sentiment.

Downstream factories have limited willingness to stock goods, and they are mainly
used and harvested.
Traders mostly ship with their own inventory and observe market reactions
.

In addition, traders mostly ship with their own inventory to observe the market reaction
.
In summary, the PP market is not good news, and it is expected that the PP market will be dominated by consolidation next week.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

9,10-Diphenylanthrac

CAS No.: 1499-10-1

$1-1.2/MT FOB

High Quality Polar Solvent 99.99% Ethylene carbonate/Ethylencarbonat/ EC CAS 96-49-1

CAS No.: 96-49-1

Pharmacy Grade

$1-1.2/MT FOB

High quality Fluorescent Brightener CBS-X 98% TOP1 supplier in China

CAS No.: 27344-41-8

Industrial Grade

$3/KG EXW

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.