test


Member ID:
Password: 
Stay logged in for 30 days
Forget Your Password?
close

login CCFGroup App

Live News | Time:Apr 21 2017 11:44AM
PP market warms up on bottomed up futures
 
Text size
PP granule
Offers in East China market tick up slightly, boosted by futures rebound since Thursday afternoon. Traders test market with higher offers, and inquiry mood warms. Traders' offers for homo PP raffia are at 7,800-7,850yuan/mt, and offers for coal-based low-MFR co PP were at 8,150yuan/mt, by cash.
Sinopec East cuts offers for homo PP raffia & film and co PP down by 150yuan/mt and 100yuan/mt, by cash, ex-works.

South China market is in narrow consolidation and market low-price sources reduce after futures rebound. Traders' offers for homo PP raffia and fiber grades are mainly at 7,900-8,050yuan/mt, and 8,500-8,750yuan/mt, by cash.
Sinopec South cuts offers for specialty-grade PP by 100yuan/mt, by cash, ex-works.

North China market is in small correction. Traders offer steadily. Traders' offers for homo PP raffia grade are mainly at 7,750-7,950yuan/mt, and offers for low-MFR co PP are at 8,200-8,600yuan/mt, by cash.

PP powder
PP powder market is in narrow shifts. As futures price rebounds slightly, powder market stabilizes. Buy interest is tepid yet. Offers are at 7,200-7,400yuan/mt in Shandong province, and 7,500-7,750yuan/mt in East China, by cash, ex-works.

$1=CNY 6.90

Related Articles
Polypropylene market weekly (Feb 5-9, 2018)
DCE PP futures for May closes 0.03% higher
DCE PP futures for May opens 16 lower
Polypropylene market daily (Feb 8, 2018)
DCE PP futures for May closes 1.33% lower
PP spot offers slump under destock pressure
January polypropylene market report
DCE PP futures for May opens 100 lower
Polypropylene market daily (Feb 7, 2018)
DCE PP futures for May closes 1.38% lower
 
Research
Development of nylon 6 flat filament market
China's coal-based MEG market in 2017
Brief introduction of VSF overseas markets
 
 

浙公网安备 33010902000742号