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    Home > Chemicals Industry > New Chemical Materials > The PP market continues to fall, and downstream procurement is cautious

    The PP market continues to fall, and downstream procurement is cautious

    • Last Update: 2022-12-13
    • Source: Internet
    • Author: User
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    The PP market continued to fall, falling by about
    100 yuan / ton.
    The sharp low opening of futures dragged down the mentality of entering the market, coupled with the fact that most petrochemical plant prices were lowered to loosen the cost support, and holders had strong bearish expectations for the future market, so most price cuts facilitated trading
    .
    The terminal reception sentiment is not high, and the trading is flat
    .

    PP

    The mainstream price of wire drawing in North China market is 9850-9950 yuan / ton, the mainstream price of wire drawing in East China market is 9950-10000 yuan / ton, and the mainstream price of wire drawing in South China market is 10150-10350 yuan / ton
    .

    PP prices in North China continued to fall
    .
    Morning futures continued to move lower, dragging spot prices down
    .
    Downstream procurement is cautious and trading is flat
    .

    PP prices in South China fell slightly, futures opened low and went low to hit the market mentality, traders feared a fall mentality, and actively let profits
    ship.
    Downstream factories take over cautiously, purchase on demand, and negotiate real-world negotiations
    .

    PP prices in East China continued to decline, and the prices of most grades were reduced by around
    100-150 yuan / ton.
    Futures opened sharply low and volatile dragged down the market mentality, coupled with the cost support continued to decline and shipment resistance, traders took the initiative to reduce prices in
    shipments.
    The terminal reception sentiment is not high, and the trading is flat
    .

    PP prices in central China fell slightly, and the supply of goods was normal
    .
    Futures open low and go low to hit the market mentality, traders are afraid of falling and actively let profits
    ship.
    Downstream factories are cautious in taking over, purchasing on demand, and focusing on real negotiations
    .

    PP prices in the southwest mostly fell
    .
    Futures are lower, the market bearish sentiment is unabated, and traders are actively giving profits to
    shipments.
    Downstream on-demand procurement, real negotiation
    .

    PP prices in Northwest China are weak and downward, and some grades are lowered by 50-100 yuan / ton
    .
    Futures volatility was dragged down sharply, and traders' quotations extended to decline
    .
    A small number of downstream terminals just need to take over, and the real market is flat
    .

    PP prices fluctuated
    in a narrow range in the northeast.
    Traders ship with the goods, downstream procurement on demand, and real negotiation is the mainstay
    .

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