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last week the market
Description: last week the market last week, polyolefin prices drop resistance, L1705 contract fell 1.54%, PP1705 contract fell 2.55%.End of the rally, the market weak. The market oversold rebound in the end, the contradiction between supply and demand fundamentals have not been effectively resolved, the market once again turn empty, near and far month contract are the main contract for january. In addition, the trend of polypropylene and plastic differences, spreads have widened trend.
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