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The PP market continued to decline, and the price fell by about
100 yuan / ton.
Some petrochemical ex-factory prices were lowered, and traders' quotations followed
.
Futures continued to fall, and the market bought lightly
.
Petrochemical and trader inventories declined slowly, and real transactions did not improve
.
Although most downstream factories have resumed operation, the overall operating rate is not high, and on-demand procurement
is maintained.
The mainstream price of wire drawing in North China market is 8700-8900 yuan / ton, the mainstream price of wire drawing in East China market is 8850-9000 yuan / ton, and the mainstream price of wire drawing in South China market is 8950-9150 yuan / ton
.
PP prices in North China fell slightly, and the supply of goods was average
.
The market is pessimistic, and merchants actively let profits and shipments reduce positions
.
Downstream factories are more cautious in purchasing, and the lack of follow-up further exacerbates the downward pressure
.
PP prices in South China remained weak.
The low volatility of futures has put pressure on the market, traders continue to yield profits and shipments, downstream demand is flat, and the transaction has not improved much
.
PP prices in East China were steadily lowered, with a range of around
50 yuan / ton.
The morning factory price reduction and poor terminal demand, traders have great resistance to shipments, and some concessions have facilitated transactions
.
PP prices in central China partially declined, and the supply of goods was average
.
The market is pessimistic, and merchants mainly make small profits and
shipments.
Downstream factories are purchased on demand, and the market trading atmosphere is general
.
PP prices in the southwest region partially declined, futures fell, the spot market lacked support, the transaction was weak, and the transaction price negotiation was the mainstay
.
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 have moved
steadily.
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, the willingness of downstream factories to receive goods declined, and the market trading was light
.
