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June 29 PP market afternoon commentary

 Last Update: 2022-12-11
 Source: Internet
 Author: User

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pure rose oil

cost crude oil

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Yesterday, the PP market price was stable and small rise, the range was 50 yuan / ton, polypropylene futures opened high, boosted mentality, near the end of the month, there are not many sources of circulation, traders are not highly motivated to enter the market, followed by high reports to wait and see the market response, downstream small purchases to maintain their own rigid demand
.

Local market reference: Ningbo market shock sorting, Fuji S1003 reported 9080 yuan / ton; The Xi'an market rose slightly, and the Yanlian T30S plant was raised at 9050 yuan / ton; The Shantou market fluctuated at a high level, and Fujian United T30S reported 8340 yuan / ton
.

Today's forecast: crude oil rose for two consecutive days, and the PP market is expected to be firm
at the end of the month.

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