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Afternoon review of the PP market on October 19

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

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Yesterday, the PP market price is still weak and falling, the range is 50-100 yuan / ton, polypropylene futures rose slightly during the session, the effect on the market is limited, individual companies of CNPC lowered the factory price, the industry is pessimistic and dominant, the downstream cautious purchase of raw materials on demand, the overall trading atmosphere is warm.

Reference to the market conditions in various places: Beijing market offer is lower, Hupec T30S is reported at 10900 yuan / ton, Nanjing market is lower, Fuji S1003 is reported at 10900 yuan / ton, Guangzhou market price is down, Daqing Refining T30S is reported at 11050 yuan / ton
.

Today's forecast: Overnight crude oil fell again to hit the mentality, and the PP market is expected to continue to weaken
today.

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