PP Market Morning Express (Dec 31, 2010)

Shijiazhuang Refinery raises the ex-work prices of PP powder by 200yuan/mt to 11350-11400yuan/mt while the mainstream price in Shandong keeps stable at 11250-11400yuan/mt.

The ex-work prices of PP granule mainly keep stable. PetroChina East quotes T30S at 12200yuan/mt while Zhenhai Refinery and Jiujiang Petrochemical offer at 12100yuan/mt. In the morning, the market prices fluctuate slightly. The mainstream price of T30S in East China is at 12300-12400yuan/mt and in Yuyao at 12300yuan/mt.

$1=CNY6.62

source:CCFGroup.com