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According to the monitoring data, the domestic PP market in the fourth week of November was positive, and the spot prices of various brands rose significantly
.
According to the monitoring data, the domestic PP market in the fourth week of November was positive, and the spot prices of various brands rose significantly
.
Cause Analysis Cause Analysis
In terms of PP upstream propylene, at the end of last month and the beginning of this month, the price of propylene broke out of the slump in October, and the domestic price of propylene rose significantly in the second half of the month.
The data showed that the average price of propylene on November 24 was 7405.
55 yuan / ton
.
In terms of PP upstream propylene, at the end of last month and the beginning of this month, the price of propylene broke out of the slump in October, and the domestic price of propylene rose significantly in the second half of the month.
The current market for propylene is positive, and there is a certain support for the cost side of PP
.
The current market for propylene is positive, and there is a certain support for the cost side of PP
.
According to monitoring data, as of November 25, the mainstream offers of Z30S (fiber) from domestic manufacturers and traders were the same as those of wire drawing materials, and the price was around 9033.
33 yuan/ton, a 5.
45% increase from the average price at the beginning of the month
.
According to monitoring data, as of November 25, the mainstream offers of Z30S (fiber) from domestic manufacturers and traders were the same as those of wire drawing materials, and the price was around 9033.
The market of PP melt blown material has been mainly fluctuated and sorted out recently, and the overall price has stabilized
.
market outlook forecast
Industry analysts believe that the domestic PP spot market is relatively positive in the fourth week of November
.
Industry analysts believe that the domestic PP spot market is relatively positive in the fourth week of November
.
The upstream propylene market is strong and prices are rising, which supports the cost side of PP
.
While the fundamentals are positive, futures have risen for several days, boosting the spot market
.
At present, the price of PP (drawing) has risen, the market of PP (fiber) has also risen, and the decline of PP (meltblown) has stabilized
.
Downstream factories are stable in stocking and purchasing, and trading is acceptable
.
It is expected that the PP spot will continue to strengthen in the near future
.
