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May 7 PP market morning review

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

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On Friday, PP market prices rose slightly, polypropylene futures rose, favorable market, some companies of CNPC and Petrochemical raised factory prices, traders mentality is good, with overreported shipments, downstream resistance to high-priced sources, transactions concentrated in low-priced sources
.

Reference of local market conditions: Tianjin market offer rose slightly, Ningmei 1102K reported 9000 yuan / ton; Hangzhou market offered upward, Shaoxing T30S reported 9200 yuan / ton; The Shunde market offered higher, and Maoming T03 reported 9,000 yuan / ton
.

Today's forecast: Last Friday's sharp rise in crude oil boosted sentiment, and the PP market is expected to remain higher
today.

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