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March 1 PP market morning review

 Last Update: 2022-12-08
 Source: Internet
 Author: User

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Yesterday, the PP market continued to soften, crude oil fell to hit the mentality, polypropylene futures fluctuated widely, it was difficult to boost the spot market, individual companies of CNPC lowered factory prices, traders accompanied the profit shipment, downstream factories resumed work is limited, raw material demand is weak, and the number of real purchases is not much
.

Market price reference: Tianjin market Ningmei 1102K reported 8900 yuan / ton; Ningbo market Fuji S1003 reported 9000 yuan / ton; Guangzhou market Guangxi Qinzhou L5E89 reported 9200 yuan / ton
.

Today's forecast: Overnight crude oil fell again to hit the mentality, and it is expected that the market will be difficult to get out of the trough
today.

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