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Live News | Time:Jan 11 2017 11:20AM
PP market in narrow shifts, pre-holiday demand continues
 
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PP granule
Trading mood in East China market is fine, as PP futures are narrowly shifting, and downstream still come in to restock for holiday. Traders offer steadily. Traders' offers for homo PP raffia are at 8,600yuan/mt, and offers for coal-based low-MFR co PP were at 9,350-9,400yuan/mt, by cash.

South China market is in narrow shifts. Traders' offers for homo PP raffia grade are mainly at 8,800-8,900yuan/mt, and offers for low-MFR co PP were at 9,350-9,550yuan/mt, by cash.

North China market keeps adjusting, as most offer are flat. Purchase is cautious. Traders' offers for homo PP raffia grade are mainly at 8,600-8,800yuan/mt, and offers for low-MFR co PP are at 9,250-9,550yuan/mt, by cash.

PP powder
PP powder market extends to be weak, as propylene prices move down. Offers are at 8,200-8,300yuan/mt in Shandong province, and 8,600-8,900yuan/mt in East China, by cash, ex-works.

$1=CNY 6.94
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