
PP USD daily review: prices continue to weaken
2019-11-11 17:04
Today, the market price of PP US dollar fell slightly, and the situation of foreign investors' presale was not good. Some of the presale goods were sold at 950 US dollars / ton in January 2020, and about 960 US dollars / ton in December. Domestic terminal enterprises hold pessimistic expectation on the long-term market, and the resistance of real deal is obvious. In terms of price, the market average mainstream quotation range is 975-985 US dollars / ton, and the mainstream quotation range of copolymerization is 1010-1030 US dollars / ton. At present, the price of PP USD market is pessimistic in the far month, and the transaction price has repeatedly reached a new low. The price of domestic trade circulation may decline after the market or under pressure. It is suggested that the industry should be careful to make up the position, and the price of wire drawing tomorrow may be between 970-990 USD / ton.
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