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    Home > Chemicals Industry > New Chemical Materials > PP market rally slows Some quotes rose in a narrow range

    PP market rally slows Some quotes rose in a narrow range

    • Last Update: 2022-12-11
    • Source: Internet
    • Author: User
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    The rise in the PP market slowed down, and some quotations rose in a narrow range, with a range of 50-100 yuan / ton
    .
    The rise in futures narrowed, and the effect on the rally in the spot market weakened; However, the increase in factory prices in some petrochemical regions has strengthened cost support, while the supply of market resources is still tight, so traders are strong in price and merchants
    ' intentions.
    Downstream terminals purchased in appropriate quantities, local high price resistance increased, transaction negotiations were most, and the actual volume fell
    compared with yesterday.

    PP

    Today, the mainstream price of wire drawing in North China market is 9500-9600 yuan / ton, the mainstream price of wire drawing in East China market is 9540-9650 yuan / ton, and the mainstream price of wire drawing in South China market is 9600-9700 yuan / ton
    .

    The price of PP in North China slowed down, and some brushed and copolymer grades rose by
    50-100 yuan / ton.
    Futures continued to rise, and traders followed suit
    .
    Appropriate procurement of downstream and terminal, stable trading
    .

    PP prices in South China rose slightly, and the supply of goods was average
    .
    Futures fluctuated at a high level, coupled with the tight supply support at the end of the month, merchants tested to overreport shipments
    .
    Downstream factories purchase on demand, and real transaction negotiations are the mainstay
    .

    PP prices in East China are running steadily and well, and some grades have risen
    in a narrow range.
    Futures continued to rise and petrochemical plant prices supported, traders raised prices and increased prices
    .
    The downstream terminal receives an appropriate amount of orders, and the transaction is
    acceptable.

    PP prices in central China continued to fluctuate at a high level, and the supply of goods was general
    .
    Under the support of petrochemical price stabilization, merchants mainly enter the market with them
    .
    The downstream factory is purchased on demand, and the transaction continues to be a single talk
    .

    PP prices edged higher
    in the southwest.
    Futures fluctuated at high levels, petrochemical plant prices were partially raised, and traders slightly overreported shipments
    .
    Downstream factories purchase on demand and negotiate on a real basis
    .

    PP prices in the northwest region adjusted
    at a high level.
    Some of Petrochemical's prices were raised early next month, traders were reluctant to sell at low prices, and some slightly overreported shipments
    .
    Downstream factories purchase on demand and negotiate on a real basis
    .

    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 were cautious and wait-and-see, and the market trading atmosphere was light
    .

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