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June 6 PP market afternoon commentary

 Last Update: 2022-12-10
 Source: Internet
 Author: User

Tags

cost crude oil

oil price projections

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Yesterday, the PP market price was stable and small, polypropylene futures were slightly sorted out, which had little effect on the market, CNPC and Petrochemical factory prices were stable, traders sold at a high price, some slightly overreported to observe the market reaction, downstream factories were purchased as they went, and real transactions were mainly
negotiated.

Reference of local market conditions: Changzhou market offer volatility, Fuji S1003 reported 9200 yuan / ton; The Shanghai market fluctuated and rose, Daqing T30S reported 9560 yuan / ton; Shantou market high finishing, Fujian United T30S reported 8450 yuan / ton
.

Today's forecast: Overnight crude oil closed higher to boost mentality, and the PP market is expected to rise steadily today
.

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