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PP market afternoon review on August 27

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

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On Friday, the PP market price fell slightly, the range was 50-100 yuan / ton, crude oil fell slightly and polypropylene futures opened low to hit the mentality of the industry, some companies of CNPC and petrochemical lowered the factory price, traders in order to clean up inventory, actively let profits facilitate the transaction, the downstream mentality is slightly pessimistic, the real cautious purchase
.

Market reference: Puyang market is weak and sorted, Shenhua Yulin S1003 reported 9750 yuan / ton, Nanjing market offer moved down, Donghua T30H reported 9850 yuan / ton, Chongqing market price lowered, Chuanhua L5E89 reported 9900 yuan / ton
.

Today's Forecast: A weak consolidation
in the PP market is expected today.

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