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PP Market Morning Express (Dec 27, 2010)

PP Market Morning Express (Dec 27, 2010)

Write: Gerry [2011-05-20]
2010-12-27

Today, the ex-work prices of PP powder mainly keep stable and the mainstream price in Shandong is at 11250-11550yuan/mt. The spots prices consolidate slightly with modest enquire.
The ex-work prices of PP granule keep stable. PetroChina East and Sinopec Shanghai quote T30S at 12100yuan/mt while the mainstream price of Z30S is at 12200yuan/mt. In the morning, the market prices mainly keep stable with a few adjustments. The mainstream price of T30S in East China is at 12200-12450yuan/mt with modest market atmosphere.
$1=CNY6.63

source:CCFGroup.com