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    Home > Chemicals Industry > New Chemical Materials > PP market weak decline real focus on negotiation

    PP market weak decline real focus on negotiation

    • Last Update: 2022-12-13
    • Source: Internet
    • Author: User
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    The PP market is weakly declining, and most quotations are lowered by
    100-200 yuan / ton.
    After the futures opened low, the decline amplified, the mentality of the industry dragged down obviously, the tight supply of market resources eased, the inventory of the holder has increased, so the intention to ship is strong, and some adopt the "price for volume" operation mode, and the trading center continues to decline
    .
    The bearish mentality in the downstream of the terminal is dominant, and some small quantities just need to be operated under the serious killing and falling sentiment, and small traders are "ordered by sales", and the actual volume is not obvious
    .

    PP

    The mainstream price of wire drawing in North China market is 10450-10550 yuan / ton, the mainstream price of wire drawing in East China market is 10550-10700 yuan / ton, and the mainstream price of wire drawing in South China market is 10900-10950 yuan / ton
    .

    PP prices in North China continued to fall
    .
    Futures are running low, petrochemical lowered factory prices yesterday, and the market continued to decline
    .
    Downstream on-demand procurement, real negotiation
    .

    PP prices in South China fell
    slightly.
    The atmosphere in the venue was not good, traders accompanied the market to ship, downstream on-demand procurement, real focus on negotiation
    .

    PP prices in East China are weak and downward, and most quotations are lowered by 50-100 yuan / ton
    .
    The decline in futures dragged down spot, coupled with the increase in the intention of holders to ship, and the decline in quotations in the region stimulated transactions
    .
    The wait-and-see mood downstream of the terminal is rising, and the real market atmosphere is not good
    .

    PP prices in central China continued to fall slightly, and some spot supplies in the market were tight
    .
    Futures opened low and went low to put pressure on the market, and some petrochemicals lowered factory prices, weakening
    the cost support for the source of goods.
    Traders continue to underreport and accompany shipments
    .
    Downstream factories purchase on demand, and real negotiations are the mainstay
    .

    PP prices in southwest China are weak and sorted out, some of them are reduced by about 50 yuan / ton, futures continue to fall, market transactions are weak, traders follow shipments, transaction negotiations
    .

    PP prices in Northwest China were partially lowered, ranging from
    100-200 yuan / ton.
    The decline in futures volatility dragged down the spot trend, subject to the poor sentiment of terminal takeover, traders took the initiative to reduce prices to promote trading
    .

    PP prices in the northeast edged lower
    .
    Traders mainly ship with the goods, and the real market focuses on negotiation
    .

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