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    Home > Chemicals Industry > New Chemical Materials > PP market continued to weaken, and some grades fell slightly

    PP market continued to weaken, and some grades fell slightly

    • Last Update: 2022-12-09
    • Source: Internet
    • Author: User
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    The PP market continued to weaken slightly, and some grades fell slightly, with a range of 30-50 yuan / ton
    .
    Futures continue to be weak, coupled with the recent lack of improvement, traders are more willing to ship, and there are more
    real negotiations.

    PP

    The mainstream price of wire drawing in North China market is 8900-9000 yuan / ton, the mainstream price of wire drawing in East China market is 9000-9100 yuan / ton, and the mainstream price of wire drawing in South China market is 9100-9250 yuan / ton
    .

    PP prices in North China partially declined, futures trends were weak, and the impact on the spot market was not good, market transactions were average, and factories mostly maintained on-demand procurement
    .

    PP prices in South China weakened slightly, and the supply of goods was average
    .
    The downward trend of futures shocks put pressure on the market, and merchants continued to let profits and shipments reduce their positions, but they were more cautious
    about the future market mentality.
    The willingness of downstream factories to purchase is not high, and the market trading atmosphere is general
    .

    PP prices in East China loosened
    slightly.
    The ex-factory price of petrochemicals is stable, which forms a certain cost support
    for the market.
    Futures are running at a low level, which has dealt a certain blow
    to the market mentality.
    Traders actively ship, let profit sales; The enthusiasm of downstream factories to receive goods is low, and the market transaction is weak
    .

    PP prices in central China were partially loosened
    .
    Futures fluctuated at low levels in early trading, and the market bought lightly
    .
    Petrochemical prices were lowered and traders' quotations were partially loosened
    .
    At present, the downstream factories are basically operating normally, and on-demand procurement is the mainstay
    .

    PP prices in the southwest region remained consolidated
    .
    Futures continued to fluctuate at a low level, and the market wait-and-see atmosphere did not abate
    .
    Supported by the stabilization of petrochemical prices, traders' quotations were generally stable
    .
    Downstream factories purchase on demand, partially absorbing the pre-inventory
    .

    PP prices in Northwest China are weak and downward, and local quotations are lowered by 20-30 yuan / ton
    .
    Futures fluctuated to the downside, the downstream takeover bears mentality was serious, and the lack of real trading forced traders to lower their quotations
    .

    PP prices in the northeast loosened slightly
    .
    Petrochemical factory price is discounted in batches, and the cost support for the market has weakened
    .
    Futures are running at a low level, which has dealt a blow
    to the willingness to receive goods downstream.
    Traders accompanied the shipment, downstream factories were cautious and watched, and the market traded lightly
    .

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