NOVEMBER 11,2019

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.

DisclaimerThe Institute of Plastic Research makes every effort to ensure the accuracy of the information, reliability of the data, and objectivity and fairness of the content and viewpoints described herein. However, we do not guarantee the accuracy and completeness of the information. Any losses or legal consequences resulting from actions taken based on this information are the sole responsibility of the individual undertaking them.

Media Contact

Luke
Head of Info Center

Release product requirements

Product Description
Mailbox
Contact Name
Telephone No