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PP market afternoon review on August 17

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

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Yesterday, the PP market price weakness loosened, crude oil fell and polypropylene futures opened low, the mentality of the industry was hit, but under the support of CNPC and Petrochemical price stability, traders have limited profit margins, downstream factories buy as they go, and the real transaction is a single talk
.

Local market reference: Tianjin market slightly declined, Jinxi 1102K reported 9950 yuan / ton, Changzhou market weak sorting, Yanlian T30S reported 10150 yuan / ton, Shanghai market slightly profitable, Daqing Petrochemical T30S reported 10450 yuan / ton
.

Today's Forecast: The PP market is expected to remain weak
today.

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