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The PP market showed a narrow range of volatility
.
The rebound in the futures market low has limited
practical impact on market sentiment.
Some petrochemical regions lowered ex-factory prices, which weakened
the support of supply costs in the market.
Traders mainly ship with the goods and observe the market reaction; Downstream factories have not fully resumed work, the enthusiasm for taking the initiative to receive goods is low, and the market transaction is mainly
based on rigid demand.
Today, the mainstream price of wire drawing in North China market is 8850-9050 yuan / ton, the mainstream price of wire drawing in East China market is 9000-9100 yuan / ton, and the mainstream price of wire drawing in South China market is 9100-9250 yuan / ton
.
PP prices in North China were slightly consolidated, futures prices rose, which boosted the spot market, and some merchants' intention to ship at low prices weakened, and buyers purchased
in appropriate quantities.
PP prices in South China are weak.
Traders mainly ship with the shipment, the downstream resumption of work is slow, and the transaction is not much improved
.
PP prices in East China sorted out slightly, futures rose to boost the spot market, and some low prices were slightly higher
.
However, the transaction of high prices is limited, the factory purchases in appropriate quantities, and some transaction prices are negotiated
.
PP prices in central China are sorted
out in a narrow range.
Petrochemical prices were mixed at the beginning of the month, and traders' quotations were stable
.
Downstream factories are starting to start one after another, and trading is better than last week
.
PP prices in the southwest region are sorted
out in a narrow range.
Higher futures volatility boosted industry confidence, traders lowered and quotations stabilized
.
Some downstream factories started construction after the Lantern Festival, and the current transaction has not improved significantly
.
PP prices in Northwest China are mostly stable, and traders are stable in
shipments.
Although the futures rose sharply, it was difficult to feel that the spot rose with the rise, and the small purchase was taken over, and the trading atmosphere was flat
.
PP prices in the Northeast were partially lower
.
Petrochemical factory prices fell, traders underreported, and transactions were flat
.
