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PP market prices mainly fluctuate in a narrow range, with an upward and downward fluctuation range of 50 yuan / ton
.
From the observation point of view, although the pressure of supply and demand is not reduced, the market decline directly caused by the contradiction between supply and demand has narrowed, and some local grades still have a significant decline, mainly due to the downward adjustment
of petrochemical prices in the region.
The morning futures rebound slightly boosted the spot market, with local wire drawing slightly higher, while the lower offer in the market was reduced, and the overall trading volume was stronger than yesterday.
Today's mainstream price of wire drawing in North China market is 8650-8750 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 8950-9050 yuan / ton
.
PP prices in North China sorted out slightly, and futures rose slightly, which boosted the spot market, and spot market quotations increased
slightly.
The factory is mainly purchased on demand, and the transaction is general
.
PP prices in South China partially rebounded slightly, and the supply of goods was average
.
Supported by the stabilization of petrochemical prices, the mentality of the industry stabilized, the futures shock upward boosted the confidence of the industry, and the merchants slightly overreported shipments
.
Downstream factories purchase on demand, and real negotiations are the mainstay
.
PP prices in East China fluctuated slightly, futures fluctuated higher, factories purchased more on demand, and low-price transactions improved slightly
.
PP prices in central China have moved
steadily.
The ex-factory price of petrochemicals is stable, and the cost support for the market is weak
.
The rebound in the futures session was low, which had limited
impact on market sentiment.
Traders accompanied the shipment, the willingness of downstream factories to receive goods did not change significantly, and the market wait-and-see atmosphere was strong
.
PP prices in the southwest region sorted out slightly, futures volatility rose slightly boosted the market, factories purchased on demand, and the transaction situation was average
.
Transaction price negotiation is the mainstay
.
The price of PP in Northwest China was partially stable, and the local quotation was lowered by 50 yuan / ton
.
Although futures have risen, the magnitude is small and has little impact on the mentality of the industry; In the case of a large supply of goods, some quotations are still lowered
.
However, it is felt that the downstream demand for takeover has been slightly stimulated, and the transaction volume
has increased.
PP prices in the northeast edged lower
.
Petrochemical ex-factory prices were lowered, and traders underreported slightly, and some grades were still low according to the petrochemical batch policy
.
