Hangzhou PP market quotes fall

Hangzhou PP market quotes fell, with high-priced deals getting stalled. The market is cautiously offering price cuts to clear inventory. The main reason is insufficient downstream buying interest. Merchants are cautiously cutting prices to promote transactions, and deal prices in actual trades are negotiable. As of midday, the mainstream prices for drawing films were 8,980-9,150 yuan per ton. (Longzhong Information)
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