PP market continues to decline, downstream receiving is cautious

The mainstream price of wire drawing in North China market is 10850-10950 yuan / ton, the mainstream price of wire drawing in East China market is 10850-10950 yuan / ton, and the mainstream price of wire drawing in South China market is 11100-11150 yuan / ton
.

PP prices in North China continued to fall
.
Futures continued to fall, the market lacked favorable support, traders accompanied shipments, real negotiations
.
Downstream factories purchase on demand, and the transaction is general
.

PP prices in South China were adjusted in a narrow range, and some spot supplies were tight
.
Petrochemical price stabilization cost support is strong, but the low volatility of futures has hit the market mentality
.
Traders continued to loosen prices slightly, mainly accompanying
shipments.
Downstream factories purchase on demand, and the real transaction is mainly a single negotiation
.

PP prices in East China were slightly lowered, futures were weak and volatile, and the spot market was poorly
traded.
Traders actively ship, factories purchase on demand
.

PP prices in central China are sorted
out in a narrow range.
Petrochemical price stabilization cost support is strong, some spot supply in the market is tight, but the low volatility of futures has a certain impact
on the market mentality.
Traders offer a slight loosening and go with the shipment
.
Downstream factories purchase on demand, and real negotiations are the mainstay
.

The price of PP in the northwest region was partially reduced, with a range of 50-100 yuan / ton
.
The downward revision of futures has dragged down, coupled with the need for repair due to excessive basis, traders in the region have been lowered in quotations today
.
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
.