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PP market afternoon review on December 24

 Last Update: 2022-12-14
 Source: Internet
 Author: User

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Yesterday, the PP market price continued to decline, with a range of 50-100 yuan / ton
.
Insufficient upstream support, petrochemical successively lowered the factory price, traders feared the fall, actively shipped at low prices
.
Downstream factories are still purchasing on demand, and the wait-and-see mentality continues to increase, receiving goods is very cautious, and the transaction is mainly
small orders.

Market reference: Shunde market shock sorting, Maoming EPS30R reported 9650-9700 yuan / ton; Hangzhou market weakness and softening, Shaoxing T30S reported 9150 yuan / ton; The Beijing market retreated, and Yanshan B8101 reported 9800 yuan / ton
.

Today's forecast: Overnight crude oil closed higher to boost mentality, and PP market price declines are expected to narrow
today.

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