2010-12-2
With the support of rebounding crude oil, the ex-work prices of PP powder edge up by 50-10yuan/mt and the mainstream price in Shandong is at 11350-11550yuan/mt with recovering market atmosphere.
The ex-work prices of PP granule keep stable. PetroChina East quotes T30S at 12100yuan/mt while Sinopec Shanghai offers T30S at 12100yuan/mt and Z30S at 12300yuan/mt. In the morning, PP granule prices move up slightly and the mainstream price in East China is at 12300-12500yuan/mt while in Yuyao keps stable at 12300yuan/mt.
$1=CNY6.67
source:CCFGroup.com
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