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The PP market continued to fall, falling by 50-100 yuan / ton
.
Petrochemical continued to reduce the factory price, cost support weakened, the morning futures shock fell significantly on the mentality of the industry, and the tight supply of resources in the market was eased
.
Traders increased sales pressure, continued to actively let profit shipments, downstream factories took over cautiously, just needed procurement, and the overall transaction was not good
.
The mainstream price of wire drawing in North China market is 10400-10500 yuan / ton, the mainstream price of wire drawing in East China market is 10500-10600 yuan / ton, and the mainstream price of wire drawing in South China market is 10600-10750 yuan / ton
.
PP prices in North China fell
slightly.
Futures were lower in early trading, dragging down spot market quotations
.
Downstream on-demand procurement, real negotiation
.
PP prices in South China continued to be weak, with some grades reduced by
50-100 yuan / ton.
Futures were dragged down by a sharp setback, coupled with the reduction in petrochemical plant prices and the short-term mentality of the industry, so the market price continued to decline
today.
Terminals and traders took over weakly, and the real market was flat
.
PP prices in East China have mostly been reduced, ranging from
50-100 yuan / ton.
The sharp fall in futures dragged down the confidence of industry to enter the market, and the morning spot trading sentiment was not good, and the real market was flat
.
Traders ship hedging and actively reduce prices to facilitate delivery
.
PP prices in central China are narrowly sorted, and the market supply is average
.
Futures opening high and low have a certain impact on market mentality, some petrochemical plant prices have been lowered, and cost support has been loosened
.
Traders' quotations edged lower and accompanied shipments
.
Downstream factories purchase on demand, and real negotiations are the mainstay
.
PP prices in the southwest region continued to fall
.
Futures fell in early trading, Petrochemical lowered some factory prices, and spot market quotations still fell
.
Downstream on-demand procurement, real negotiation
.
PP prices in Northwest China were weak, and some quotations were slightly lowered by 50 yuan / ton
.
The decline in futures dragged down the mentality, coupled with the poor sentiment of the terminal, traders cut prices to facilitate trading
.
PP prices in the northeast edged lower
.
CNPC lowered the factory price of some grades, and traders underreported it, focusing on negotiations
.
