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The PP market continued to loosen slightly, and the price of some products fell by about
50-100 yuan / ton.
The upward shock after the low opening of futures has limited impact on market sentiment, some petrochemical plant prices have been lowered, cost support has weakened, and most traders continue to follow shipments
.
Downstream factories take a cautious wait-and-see attitude, real procurement to meet rigid demand, and the market transaction atmosphere is general
.
The mainstream price of wire drawing in North China market is 10800-10900 yuan / ton, the mainstream price of wire drawing in East China market is 10850-11000 yuan / ton, and the mainstream price of wire drawing in South China market is 11000-11100 yuan / ton
.
PP prices in North China fell
slightly.
Futures continued to fall, the market lacked favorable support, traders accompanied shipments, quotations were mostly lowered, real negotiations
.
Downstream factories purchase on demand, and the transaction is general
.
PP prices in South China are weakly adjusted
.
Traders follow the market to ship, downstream on-demand procurement, real focus on negotiation
.
PP prices in East China were slightly sorted out, and some quotations were slightly reduced by 50 yuan / ton
.
The volatility trend of futures lacks guidance, but due to the strong risk aversion of traders and terminals, the market has a strong intention to ship, and the local initiative to give profits, and a small amount of transactions are carried out in the
receivership.
PP prices in central China continued to fall
.
Futures continued to fall in early trading, petrochemical plant prices were partially lowered, the market lacked favorable support, and most of the traders' quotations fell, and the real negotiations were held
.
Downstream factories purchase on demand, and the transaction is general
.
PP prices in the southwest region were partially loosened
.
The price of petrochemical plants was partially reduced, and traders mainly shipped with them, and the real market can be negotiated
.
Downstream factories purchase on demand, and the transaction is general
.
PP prices in Northwest China were lowered individually, ranging from 50-100 yuan / ton
.
There is a lack of guidance on the volatility of futures, but traders continue to revise
downward due to the need for repair due to the large basis in the region, and the unsatisfactory downstream takeover.
A small number of transactions are just needed downstream of the terminal, and the transaction is light
.
