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PP market afternoon review on November 1

 Last Update: 2022-12-13
 Source: Internet
 Author: User

Tags

cotton prices today market

brent crude oil price today

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Yesterday, the mainstream of the PP market stalemate sorted out, prices in some areas still fell by 50-100 yuan / ton, polypropylene futures fluctuated higher, the effect on the market is limited, the general pessimism of the industry mentality, the goods traders actively let the profit shipment reduce their own inventory, downstream on-demand purchase of raw materials, the transaction price is mainly
negotiation.

Local market reference: Hebei market fell slightly, Shenhua L5E89 reported 10350 yuan / ton, Shanghai market narrow consolidation, Daqing refining and chemical T30S reported 10450 yuan / ton, Chengdu market price lower, Sichuan Petrochemical L5E89 reported 10350 yuan / ton
.

Today's forecast: overnight crude oil closed down to hit the mentality, and PP market prices are expected to remain lower
at the beginning of the month.

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