AUGUST 19,2019

Summary of PP Dollar Market at noon on August 19

2019-08-19 15:09

Short covering, international oil prices followed the rebound of the world's major stock markets. However, OPEC downgraded its oil demand forecast, and the increase of American oil drilling platforms restrained the increase in oil prices. Main PP futures closed at 8154 yuan/ton by noon, up 0.1%. PP dollar market price slightly weakened before noon, US dollar supply transaction difficulties, low-price supply increment, trading enterprises continue to let profit liquidation inventory. Reference price: Homopolymer $1010-1030/ton, copolymer $1050-1070/ton.

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