Hangzhou PP Market Offers Show Mixed Gains and Losses

Hangzhou PP market offers see mixed ups and downs. Concentrated attention on injection-molding spot resources remains tight, with offers firm and slightly higher, but downstream shipment pressure—such as for drawing wire—is high, so price concessions are mainly used to boost sales. Actual deal prices are negotiable. As of midday, mainstream prices for drawing wire are 9,600–9,700 yuan/ton. (Longzhong Information)
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