NOVEMBER 13,2019

PP USD daily review: market continues to be weak

2019-11-13 16:00

Today, the market price of PP US dollar continues to be weak, most of the home-made wire drawing factory prices are lowered, the end-user purchase is cautious, the market transaction is cold, the import PP goods source is difficult to obtain the advantage, and the price difference between the direct price and the linked price is narrowed. In terms of price, the market average mainstream quotation range is 970-980 US dollars / ton, and the copolymerization mainstream quotation range is 1000-1020 US dollars / ton. It is hard to find the short-term good in PP USD market. In the context of domestic manufacturers' price reduction, there is still a weak expectation after the settlement price of PP USD. It is suggested that the industry should be cautious in purchasing, and tomorrow's drawing price may be between 970-980 USD / ton.

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