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PP market afternoon review on November 22

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

Tags

what's price crude oil today

castor oil price

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Yesterday, the PP market price fell mainly, down 50-300 yuan / ton, polypropylene futures opened sharply lower, and some companies of CNPC and Petrochemical lowered the factory price, the market was bearish, traders were pessimistic, shipment enthusiasm increased, downstream factories purchased raw materials on demand, and the overall trading atmosphere was light
.

Local market reference: Beijing market quotation fall, Hupec T30S reported 9550 yuan / ton, Chongqing market price declined, Sichuan L5E89 reported 9650 yuan / ton, Guangzhou market fell sharply, Daqing refining and chemical T30S reported 9850 yuan / ton
.

Today's forecast: Crude oil closed higher overnight to boost sentiment, and PP market losses are expected to narrow
today.

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