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The PP market consolidated slightly, and some products in some areas fell by 50-100 yuan / ton
.
Futures open low and go low has a certain impact on market mentality; The local price of petrochemical plants has been reduced, the cost support for the source of goods has weakened, and the continued recovery of petrochemical inventories has increased the bearish sentiment
in the market.
Traders quote slightly loose and ship with them
.
The downstream factory has a strong wait-and-see atmosphere, on-demand procurement, and real negotiation
.
The mainstream price of wire drawing in North China market is 10700-10800 yuan / ton, the mainstream price of wire drawing in East China market is 10800-10900 yuan / ton, and the mainstream price of wire drawing in South China market is 10900-10950 yuan / ton
.
PP prices in North China are weak.
Futures weakened, market trading was flat, and downstream factories were less motivated to receive goods
.
The price of petrochemical plants was temporarily stable, and traders accompanied the shipment, and the real negotiation
.
PP prices in East China fluctuated in a narrow range, and some brushed grades were slightly reduced by 50 yuan / ton
.
Futures volatility and decline dragged down spot prices and suppressed industry players from entering the market, and the market trading atmosphere was flat in the morning, and some traders cut prices to seek transactions
.
However, the downstream market of the terminal is empty, the sentiment is not good, and a small amount just needs to be traded
.
PP prices in central China partially declined
.
Futures continued to run low, petrochemical lowered factory prices, the market lacked favorable support, and traders shipped with the main
ones.
Downstream factories purchase on demand, and the transaction is flat
.
PP prices in Northwest China were partially lowered, ranging from
50-150 yuan / ton.
The decline in futures volatility dragged down the spot trend, subject to the poor sentiment of terminal takeover, traders took the initiative to reduce prices to promote trading
.
PP prices fluctuated
in a narrow range in the northeast.
Traders mainly ship with the goods, and the real market focuses on negotiation
.