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Yesterday, the PP market maintained its rally, with a range of 50-150 yuan / ton
.
Polypropylene futures fluctuated to the upside, coupled with the rise in petrochemical plant prices, traders actively overreported, some of them had a reluctance to sell, and resources were tight
.
The downstream real follow-up is general, the terminal receives the goods in an appropriate amount, and the transaction is still based on just demand
.
Market reference: Chongqing market offer higher, Ningmei 1102K reported 9250 yuan / ton; Ningbo market prices were mostly raised, Zhenhai Refining V30G reported 9550 yuan / ton; The market price in Zhengzhou was raised, and Luoyang Petrochemical T30S was reported at 9400 yuan / ton
.
Today's forecast: The PP market is expected to continue its rally today
.