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PP granule spotPP granule spot is in consolidation. Most players are still on sidelines in the beginning of the week, given that there is no clear direction shown from futures contract. No firm deals are reached yet. The spot-futures basis between commodity-grade homo PP raffia and Sep futures contr
PP granule spotPP granule spot extends to be strong. PP futures contract has rebounded continuously and uplifts market mentality. The spot-futures basis between commodity-grade homo PP raffia and Sep futures contract is around 140yuan/mt.In East China, mainstream traders offer for coal-based homo PP
Inner Mongolia Jiutai has started test run of the 300kt/year MTO plant on Mar 19. The company also plans to start test run of its PP plant in the near future. The early-stage product will be commodity-grade homo PP raffia L5E89.
