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Yesterday, PP market prices maintained a downward trend, falling in 100-300 yuan / ton, polypropylene futures fluctuated widely, the role of market guidance is not clear, some companies of CNPC and Petrochemical continue to reduce factory prices to reduce their own inventory, traders are more worried about the future market, actively let profits and shipments, downstream wait-and-see in the on-demand purchase price low source, small order transactions occupy the mainstream
.
Local market reference: Nanjing market quote fell, Fuji S1003 reported 9400 yuan / ton, Xi'an market fell at a low level, Yanlian T30S at 9300 yuan / ton, Wuhan market continued to decline, Hunan Changsheng T30S reported 9300-9400 yuan / ton
.
Today's forecast: The PP market is expected to continue to decline today
.