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The PP market continued to rise, with a range of 50-100 yuan / ton
.
At the beginning of the month, Petrochemical partially raised the factory price, which strengthened the support of supply costs, while the high volatility of the futures plate supported the market mentality, and traders slightly overreported to observe the market reaction
.
The downstream receiving mentality is cautious, there are mostly real negotiations, and the overall transaction is average
.
The mainstream price of wire drawing in North China market is 8500-8570 yuan / ton, the mainstream price of wire drawing in East China market is 8650-8750 yuan / ton, and the mainstream price of wire drawing in South China market is 8830-8900 yuan / ton
.
PP prices in North China rose steadily
.
At the beginning of the week, petrochemical prices were temporarily stable, and market quotations rose
slightly.
Futures rebounded in early trading, the market traded fairly, and downstream factories purchased
in moderation.
PP prices in South China continued to rise slightly, and the supply of goods was average
.
At the beginning of the month, petrochemical prices were raised, which strengthened the support for the cost of supply, and merchants followed suit
.
Downstream factories continue to purchase on demand, and transactions continue to be based on single
talks.
PP prices in East China edged higher, futures edged higher, and spot market quotations followed a slight adjustment
.
Most factories maintain on-demand procurement, and low-price transactions are the mainstay
.
PP prices in central China were overpriced
.
The ex-factory price of petrochemicals is stable, which forms a certain cost support
for the market.
Futures are running at a high level, which slightly boosts market sentiment
.
Traders underreported slightly, downstream factories purchased on demand, and the market wait-and-see atmosphere was strong
.
PP prices in the southwest region rose slightly, futures rose slightly, merchant quotations rose slightly, and the transaction price negotiations in the spot market were the mainstay
.
The price quotation of PP in the northwest region is less, and under the tight supply of goods, the quotation of traders mostly rose, the range was around
50 yuan / ton.
The downstream terminal takes over the plate in an appropriate amount to maintain rigid demand
.
PP prices in the northeast region rose steadily, traders shipped along the market, and demand performance was flat
.
