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The PP market continued to be weak, falling by about
50-100 yuan / ton.
The volatility of morning futures has limited impact on market sentiment, and cost support continues to loosen
due to the downward revision of some petrochemical prices.
Traders continue to make small concessions and shipments, downstream factories have a strong bearish mentality, procurement to meet rigid demand, real negotiations
.
The mainstream price of wire drawing in North China market is 10350-10450 yuan / ton, the mainstream price of wire drawing in East China market is 10350-10450 yuan / ton, and the mainstream price of wire drawing in South China market is 10600-10700 yuan / ton
.
PP prices in North China fluctuated
in a narrow range.
Futures rose in early trading, petrochemical prices stabilized at the end of the month, and the market decline slowed
somewhat.
Downstream on-demand procurement, real negotiation
.
The price of PP in South China is narrowly sorted, and the market supply is average
.
The upward impact of futures volatility on market sentiment is limited, and the prices of some petrochemical plants have been lowered, and cost support has continued to loosen
.
Traders fear the impact of the fall mentality and actively let profits
ship.
Downstream factories have a strong bearish mentality, continue to purchase on demand, and focus on real negotiations
.
PP prices in East China edged lower
.
Market confidence is insufficient, traders actively let profits and shipments, downstream factories purchase on demand, and the real market focuses on negotiation
.
PP prices in central China are weak.
Higher futures in early trading gave little boost to the market, and traders actively gave profits to
shipments.
Downstream on-demand procurement, real negotiation
.
PP prices in the southwest region were partially lower, and it was difficult to trade at high prices in the market, and traders accompanied the shipment and negotiated the transaction
.
The price of PP in the northwest region was sorted out in a narrow range, and some quotations were slightly reduced by 50 yuan / ton
.
The rise in futures but a sense of limited boost to the mentality in the region, coupled with the poor sentiment of terminal receivership, traders mostly continued to sell
at low prices.
PP prices fluctuated
in a narrow range in the northeast.
Traders actively ship goods with them, and the downstream receives goods on demand, focusing on negotiation
.
