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The PP market continued to decline, with a range of 150-300 yuan / ton
.
The support of futures shock trend is insufficient, while petrochemical plant prices continue to reduce prices and inventory, cost support is loose, and related products are weak and other factors dragged down, the industry's after-market mentality is still empty, and active price reduction shipments dominate
.
Downstream terminals have strong risk aversion, most of them are taken as they go, and local low-price transactions have slightly improved
.
The mainstream price of wire drawing in North China market is 9300-9450 yuan / ton, the mainstream price of wire drawing in East China market is 9350-9450 yuan / ton, and the mainstream price of wire drawing in South China market is 9700-9850 yuan / ton
.
PP prices in North China partially fell
.
Futures fluctuated at low levels in the morning, and spot quotes still fell
.
Downstream on-demand procurement, real negotiation
.
PP prices in South China are weakly adjusted, and the range of change is about
50-200 yuan / ton.
The pressure on market operation is still large, and the possibility of futures continuing to fall is high, which is a drag on the spot market, and the drawing market is not trading well
.
The downstream terminal maintains just need to be purchased, and the real negotiation
.
PP prices in East China were weakly lowered, with a range of 100-150 yuan / ton
.
The support of the futures shock trend is insufficient, while the support of raw materials is weak and the upstream factories continue to reduce prices, and the holders reduce prices and
shipments.
Market trading confidence is insufficient, the wait-and-see atmosphere is heavier, and the transaction remains just
demanded.
PP prices in central China continued to fall
.
Futures fluctuated at low levels in early trading, the market bought gas lightly, petrochemical prices continued to decline, and market quotations fell
.
Downstream procurement is cautious and real negotiation
.
PP prices in the southwest region continued to fall
.
In the morning, petrochemical plant prices were partially reduced, market trading was weak, and cargo holders took more goods at low prices
.
Downstream on-demand procurement, real negotiation
.
PP prices in Northwest China were weakly lowered, with a range of around
100-200 yuan / ton.
There is no obvious guidance for futures, but traders have followed the decline due to the many lower factory prices in the
region.
A small number of downstream terminals just need to take over, and the transaction follows the market, and the real market is flat
.
PP prices fell
in the northeast.
CNPC was lowered, and traders fell slightly, mainly in real negotiations
.
