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The PP market is weak and downward, with a range of 50-100 yuan / ton level
.
Futures continue to be weak and suppress the mentality of entering the market; The contradiction between supply and demand has put pressure on the spot market, and the slight downward adjustment of petrochemical prices has further aggravated the downward pressure
.
Under the insufficient follow-up of real procurement of downstream factories, traders have strong intention to ship, and active price reduction transactions have become the norm
.
The mainstream price of wire drawing in North China market is 8650-8700 yuan / ton, the mainstream price of wire drawing in East China market is 8750-8900 yuan / ton, and the mainstream price of wire drawing in South China market is 8900-9050 yuan / ton
.
PP prices in North China are weakly adjusted, some prices continue to decline, futures fluctuate trend, spot market transactions are general, and factories purchase
on demand.
PP prices in South China loosened slightly
.
Petrochemical price stabilization has limited support for market supply costs, and the low volatility of futures has hit market confidence, and traders' quotations have been slightly reduced
.
At present, the downstream factories are basically operating normally, and on-demand procurement is the mainstay
.
PP prices in East China continued to decline slightly, and the supply of goods was average
.
The lack of positive news in the market boosted, merchants continue to let profit shipments
.
Downstream factories are cautious in purchasing, and the market is trading lightly
.
PP prices in central China loosened
slightly.
The ex-factory price of petrochemicals is stable, and the cost support for the market is weak
.
Futures are running low and have limited
impact on market sentiment.
Traders accompanied the shipment, downstream factories were cautious and waited, and the market trading atmosphere was light
.
PP prices in the southwest region fell
slightly.
The petrochemical part lowered the factory price to weaken the support of source costs, futures fluctuated at a low level, and market quotations continued to decline
.
The downstream plant operation is not high, and the transaction is flat
.
PP prices in Northwest China have mostly been lowered, with a reduction range of 50-100 yuan / ton
.
Futures fluctuated downward, and the downstream takeover bearish mentality was serious; Under the strong intention of traders to ship, they took the initiative to lower the quotation to seek a deal
.
PP prices in the northeast have moved
steadily.
The factory price of petrochemical is stable, which has formed a certain cost to support the low operation of the futures market, and has limited
impact on the market mentality.
Traders accompanied the shipment, downstream factories were cautious and waited, and the market trading atmosphere was light
.
