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The PP market rose strongly, and the price rose by 150-250 yuan / ton
overall.
Petrochemical prices continued to rise, increasing the support for the cost of supply, while futures opened sharply higher, once breaking through the 10,000 yuan / ton support line during the session, making the industry scratch their hands, and the market was reluctant to sell and close the
market.
Downstream demand still rejects high prices, and there is more room for small negotiations in real transactions
.
The mainstream price of wire drawing in North China market is 9750-9850 yuan / ton, the mainstream price of wire drawing in East China market is 9800-9850 yuan / ton, and the mainstream price of wire drawing in South China market is 9900-10000 yuan / ton
.
PP prices rose in North China, driven by the rise in futures, and the spot market quotations increased
significantly.
The factory purchases on demand, and the transaction is general
.
PP prices in South China rose
slightly.
Petrochemical plant prices rose, and traders' quotations followed
.
Downstream factories purchase on demand and negotiate on a real basis
.
PP prices in East China continued to run well, with some grades rising by 100-150 yuan / ton
.
The sharp increase in petrochemical plant prices and the limited supply of market resources have led traders to actively overreport
them.
The downstream terminal receives an appropriate amount, and there is resistance
to the high transaction.
PP prices in central China rose strongly, and the supply of goods was average
.
Futures fluctuated to the upside to boost industry confidence, and merchants actively overreported shipments
.
The downstream factory is purchased on demand, and the transaction continues to be a single talk
.
PP prices edged higher
in the southwest.
Petrochemical plant prices were partially raised, coupled with a sharp strengthening of futures, and market quotations rose
.
Downstream factories purchase on demand and negotiate on a real basis
.
Most of the PP prices in Northwest China rose, with a range of 100-150 yuan / ton
.
Futures rose sharply, while the supply of domestic resources was tight, and traders' quotations rose
.
PP prices in the northeast were slightly
higher.
The ex-factory price of petrochemicals has increased, which has strengthened the cost support of the market
.
Traders followed the trend to report high, downstream factories to the supply of high-priced goods increased, the willingness to take the initiative to receive goods was low, and the market wait-and-see atmosphere was strong
.
