PP volatility closed higher below to test the 8200 integer mark support

Raw material prices: Japan naphtha CF Japan reported 466.
38 yuan / ton, up 0.
5; naphtha FOB Singapore reported 50.
43 US dollars / barrel, up 0.
19
.
ethylene CFR Northeast Asia 1165 US dollars / ton, down 45; CFR Southeast Asia was trading at $1,080 a tonne, down 20
.
The CIF price of propylene in China was $895/ton, down 15
.

Spot prices: foreign spot market prices are basically flat, the Far East is flat at $1030 / ton, and China's CIF price is flat at $1030 / ton.

rising prices in the domestic market; East China Ningbo 8350 yuan / ton, up 100; South China Maoming reported 8500 yuan / ton, up 100
.

News side: 1.
The overall operating rate of the domestic polypropylene downstream industry this week was about
64.
3%.
Among them, the plastic knitting industry is 60%, the copolymerization injection molding operating rate is 68%, and the BOPP operating rate is 65%.

In the short term, after the price correction, the sentiment of taking goods at low prices downstream increases
.
The equipment entered the maintenance season, the overall operating rate fell, the market supply pressure was slightly eased, the import and export trade was inverted by the internal and external price difference, the export demand increased, in the short term under the slowdown in the supply growth rate, the social inventory fell slightly, the petrochemical factory price stabilized, and the spot price rose
slightly.

Technically, the PP1705 contract closed up in volatility, testing the pressure around 8600 above, testing the 8200 integer mark support below, and it is expected to maintain a strong shock in the 8200-8600 range in the short term, and it is recommended to trade long in the range
.