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PP is mainly popular narrow finishing, and some local grades are slightly lower by 50 yuan / ton
.
The morning futures opened high and low to inhibit the mentality of entering the market, and the enthusiasm of downstream factories to receive goods was not good, and the overall atmosphere was slightly weak
.
However, the ex-factory price of petrochemicals is basically stable, and the supply volume in the market is still not much, the sentiment of traders is relatively stable, and the intention to raise prices is still there
.
The mainstream price of wire drawing in North China market is 10950-11000 yuan / ton, the mainstream price of wire drawing in East China market is 11000-11100 yuan / ton, and the mainstream price of wire drawing in South China market is 11150-11250 yuan / ton
.
PP prices in North China have moved
steadily.
Supported by the stabilization of petrochemical prices, traders' quotations remained stable
overall.
Downstream factories purchase on demand and negotiate on a real basis
.
The price of PP in East China was narrowly sorted, and some copolymerization and wire drawing grades fell around 50 yuan / ton
.
The volatility and decline of futures dragged down the spot, the market trading atmosphere was flat, and the local initiative to make profits promote trading
.
However, due to the small supply of goods in the market and the support of petrochemical price increases, traders did not have a significant intention to reduce their
quotations.
PP prices in central China have moved
steadily.
The lower futures volatility has limited impact on market sentiment, but the cost support of petrochemical price stabilization is strong, and the spot supply of some sources in the market is tight
.
Traders continued to underreport slightly, mainly accompanying shipments
.
Downstream factories purchase on demand, and real negotiations are the mainstay
.
PP prices in the southwest region are weakly adjusted, futures fluctuate trend, some prices fell slightly, and the transaction was negotiated
.
PP prices in the northwest region were slightly sorted out, and most of them were shipped at stable prices
.
The downward revision of futures has dragged down, but due to the tight supply of resources in the region and the strong factory price to enhance cost support, traders have a strong mentality of price support, and prices have not fallen
significantly.
A small number of transactions are just needed downstream of the terminal, and the transaction is light
.
PP prices in the northeast region are weakly adjusted
.
Traders follow the market to ship, and the real market focuses on negotiation
.
