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PP slightly loosened trend Mainly real negotiations

 Last Update: 2022-12-11
 Source: Internet
 Author: User

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The PP market showed a slight loosening trend
.
The futures market is running low, which has dealt a certain blow
to the market mentality.
The ex-factory price of most petrochemical regions remained stable, which formed a certain source cost support
for the market.
Traders mainly ship with the goods, and some merchants let sales to promote transactions; Downstream factories are cautious and wait-and-see, market trading is light, and real negotiations are the mainstay
.

Today, the mainstream price of wire drawing in North China market is 9200-9300 yuan / ton, the mainstream price of wire drawing in East China market is 9200-9300 yuan / ton, and the mainstream price of wire drawing in South China market is 9250-9350 yuan / ton
.

The market price of Yuyao PP fell slightly, and merchants actively shipped goods
.
The low volatility of futures put pressure on the market, while the resistance of downstream factories to high prices further exacerbated the downward pressure, and merchants made small concessions to seek to start a family, but the poor follow-up of the real market made trading weak
.

PP prices in the Shunde market fluctuated
in a narrow range.
Traders follow the market to ship, downstream factories purchase on demand, and real negotiations are the mainstay
.

PP prices in Zhengzhou market are stable and small
.
The ex-factory price of petrochemicals is stable, which forms a certain cost support
for the market.
Futures are running low and have limited
impact on market sentiment.
Merchants mainly ship with goods, downstream factories are cautious and wait-and-see, and the market trading atmosphere is light
.

Shanghai PP price weak adjustment.

The market supply is general, traders follow the market to ship, downstream factories receive goods on demand, and transaction negotiations are the mainstay
.

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