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The decline in the PP market slowed down slightly, and some quotations were lowered by 50-100 yuan / ton
.
Although futures rose slightly today, it felt that the mentality of the industry was not significantly boosted, and the bearish mentality in the future market still dominated, coupled with the sharp decline in the price of some petrochemical plants and the strong intention of the cargo holder, the morning market quotation continued to decline
.
The downstream terminal sentiment is still cautious, and there are still many operations that need to be done, but the volume can be
improved compared with yesterday.
Today, the mainstream price of wire drawing in North China market is 10500-10550 yuan / ton, the mainstream price of wire drawing in East China market is 10500-10700 yuan / ton, and the mainstream price of wire drawing in South China market is 10900-10950 yuan / ton
.
PP prices in North China are narrowly consolidated
.
Futures rebounded slightly in early trading, giving limited boost to the market, with traders accompanying shipments
.
Downstream on-demand procurement, real negotiation
.
PP prices in South China loosened slightly, and some spot supplies in the market were tight
.
The low volatility of futures has put pressure on the market, petrochemical plant prices have been lowered, and cost support has weakened
.
Traders underreported slightly, accompanied shipments
.
Downstream factories purchase on demand, and real negotiations are the mainstay
.
PP prices in East China fell
slightly.
The supply volume in the market is general, traders mainly ship with the goods, and the real market focuses on negotiation
.
PP prices in central China were slightly consolidated, and the spot supply of some markets was tight
.
The low volatility of futures hit the market mentality, and some petrochemicals lowered factory prices, loosening
the cost support for the source of goods.
Traders underreported slightly, accompanied shipments
.
Downstream factories purchase on demand, and real negotiations are the mainstay
.
PP prices in the northeast edged lower
.
Traders mainly ship with the goods, and the real market focuses on negotiation
.
