echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > PP market narrow consolidation local prices rose slightly

    PP market narrow consolidation local prices rose slightly

    • Last Update: 2022-12-11
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    The PP market was narrowly consolidated, and prices in local areas rose
    slightly.
    The volatility trend of futures did not boost the market obviously, but the market resources were still not much, and the petrochemical plant price was partially raised, and the market quotation rose
    steadily.
    Downstream terminals are purchased on demand, and real transactions are general
    .

    PP

    Today's mainstream price of wire drawing in North China market is 9150-9250 yuan / ton, the mainstream price of wire drawing in East China market is 9200-9300 yuan / ton, and the mainstream price of wire drawing in South China market is 9250-9350 yuan / ton
    .

    PP prices in North China rose
    slightly.
    Futures fluctuated at high levels, traders shipped with them, and sold
    at low prices.
    Downstream factories purchase on demand, and real negotiations are the mainstay
    .

    PP prices in South China fluctuated
    in a narrow range.
    Traders follow the market to ship, downstream factories purchase on demand, and real negotiations are the mainstay
    .

    PP prices in East China are running steadily and well, and individual grades have risen slightly by 50 yuan / ton
    .
    There is no guidance for the volatility of futures highs, but the benefits are supported by higher petrochemical plant prices, coupled with limited resources in the region, so trader prices remain high
    .
    The downstream terminal was slightly cautious, and the real volume fell
    from yesterday.

    PP prices in central China continued to fluctuate at a high level, and the supply of goods was general
    .
    Some prices of Petrochemical Central China were raised, which strengthened the support for the cost of supply, and merchants slightly overstated shipments
    .
    The downstream factory is purchased on demand, and the transaction continues to be a single talk
    .

    PP prices in the southwest region are stable
    .
    The market supply is small, traders go with the shipment, and the price is low
    .
    Downstream factories purchase on demand, and real negotiations are the mainstay
    .

    PP prices in the northwest region are stable
    and good.
    Futures fluctuated at high levels, and the spot market followed the adjustment
    .
    The supply of resources in the region is still not loose, which also boosts prices
    .
    The downstream terminal received an appropriate amount of orders, and the transaction was flat
    .

    PP prices in the northeast were slightly
    higher.
    Petrochemical ex-factory prices continued to rise, which strengthened the cost support for the market
    .
    Futures are volatile in a wide range and have limited
    impact on market sentiment.
    Traders overreported shipments along the trend, downstream factories fell in enthusiasm for receiving goods, and the market wait-and-see atmosphere was strong
    .

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.