NOVEMBER 04,2019

PP USD daily review: stable price and improved turnover

2019-11-04 16:19

Today, the market price of PP US dollar was narrowed, and the market trading was slightly improved. The price of imported goods was changed to direct selling, with a price difference of about 50 yuan / ton. In terms of price, the market average mainstream quotation range is 980-990 US dollars / ton, and the copolymerization mainstream quotation range is 1000-1020 US dollars / ton. Zhuo Chuang believes that at present, the market cost support of PP US dollar is strengthened, and there is limited space for the price of trading enterprises to be lowered, which is boosted by the rising international crude oil price. The mainstream foreign investors have a greater expectation to increase the offer to a certain extent. The overall price of PP US dollar is easy to rise and difficult to fall, so they can choose the opportunity to purchase, and the drawing price in the next day may be between 985-995 US dollars / ton.

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