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PP market afternoon review on October 11

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

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Yesterday, the PP market price continued to rise, the range was 100-200 yuan / ton, polypropylene futures opened high, coupled with the increase in factory prices of some companies of CNPC and Petrochemical, double positive support, traders have a strong mentality, real shipments are not willing to make profits, downstream factories are still enthusiastic about inquiry, but the receipt of goods is cautious, and the overall trading atmosphere is warm.

Local market reference: Changzhou market high consolidation, Yanlian T30S reported 11200 yuan / ton, Hangzhou market quotation up, Shaoxing T30S reported 11150-11200 yuan / ton, Wuhan market price continued to rise, Wuhan petrochemical T30S reported 11150 yuan / ton
.

Today's forecast: overnight crude oil closed down to hit the mentality, and the PP market is expected to fall
back today.

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