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PP market conditions weak adjustment
.
Petrochemical plant prices were partially lowered, and cost support weakened
slightly.
Futures opened higher in the morning and then fluctuated lower, which dealt a certain blow
to market confidence.
The market was weakly sorted out, and the quotation part of traders loosened
slightly.
Downstream factories purchase on demand, and the real market focuses on a single talk, and the trading atmosphere is flat
.
The mainstream price of wire drawing in North China market is 9900-10000 yuan / ton, the mainstream price of wire drawing in East China market is 9900-10050 yuan / ton, and the mainstream price of wire drawing in South China market is 9950-10050 yuan / ton
.
PP prices in North China were weak and volatile
.
Futures fluctuated after opening high in the morning, which gave limited boost to the market and a weak market adjustment
.
Downstream factories purchase on demand and negotiate on a real basis
.
PP prices in South China are weak and consolidated, and the supply of goods is average
.
Under the support of petrochemical price stabilization, merchants mainly ship with goods, and there is no lack of small profits to facilitate transactions
.
Downstream factories can be used as they go, and real negotiations are the mainstay
.
PP prices in East China were slightly sorted out, and stable price shipments dominated
.
The volatility trend of futures lacks boost, traders mostly accompany the market to ship, and the transaction is subject to negotiation
.
The terminal receiver is flat, and the real order is small
.
PP prices in central China are consolidating in a narrow range, and the supply of goods is average
.
The downward trend of futures shocks suppressed the market mentality, but affected by the support of petrochemical price stability, the margin of profit concessions by merchants was limited
.
Downstream factories purchase on demand, and real transactions are made to meet rigid demand
.
PP prices in southwest China fell by about 50 yuan / ton, some ex-factory prices were lowered, market prices were weak, traders actively shipped goods, and the transaction price was negotiated
.
PP prices in the northwest region are sorted
out in a narrow range.
The supply of resources in the region is not loose, and some wire drawing and low-melt co-aggregation are tight, so the price is relatively high
.
A small number of orders were received downstream of the terminal, and the transaction was flat
.
PP prices in the northeast region consolidated in a narrow range
.
The ex-factory price of petrochemicals is stable, which forms a certain cost support
for the market.
Traders ship with goods, downstream factories purchase on demand, and market transactions are based
on rigid demand.