Fushun Petrochemical has two PP production lines with a combined capacity of 390,000 tons/year. Currently, both lines are operating at normal loads. The ex-factory price of the wire drawing material L5E89 has been raised by 60 yuan to 6,610 yuan/ton. Merchants' spot prices are adjusted according to market conditions, and trading activity remains moderate. PriceSeek's analysis of PP shows a bullish-bearish score of 1. The ex-factory price increase of 60 yuan to 6,610 yuan/ton indicates that suppliers are optimistic about the market. Merchants' spot prices are adjusted according to market conditions, and trading activity remains moderate, reflecting stable demand that supports prices. This will directly drive up PP spot prices, benefiting the spot market.
Comments
0