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The PP market continued to loosen slightly, with a range of about
100-150 yuan / ton.
Futures opened low and went low and the decline amplified seriously hit market confidence, some petrochemicals continued to reduce factory prices, and cost support was loosened; Traders are afraid of the impact of the fall mentality, make a small profit, and ship with it
.
Downstream factories have a strong bearish sentiment, continue to purchase on demand, negotiate on the market, and the market is generally
trading.
The mainstream price of wire drawing in North China market is 9900-10000 yuan / ton, the mainstream price of wire drawing in East China market is 10100-10300 yuan / ton, and the mainstream price of wire drawing in South China market is 10300-10450 yuan / ton
.
PP prices in North China continued to fall
.
Futures fluctuated low in the morning, and traders actively gave profits to
shipments.
Downstream procurement is cautious and trading is flat
.
PP prices in South China are weakly adjusted, with a range of about
100 yuan / ton.
The futures market continued to fall, manufacturers gave profits to facilitate transactions, and traders continued the rhythm of on-demand procurement and real negotiations
.
The price of PP in East China was partially lowered, with a range of around
50 yuan / ton.
Futures volatility dragged down, the spot market trading was weak, and traders took the initiative to make profits to facilitate trading
.
The downstream terminal just needs to be purchased in small quantities, and the real market is flat
.
PP prices in central China fell
slightly.
Yesterday, Petrochemical lowered factory prices, cost support was loose, futures fluctuated at a low level in early trading, and the market traded lightly
.
Traders actively let profits and shipments, and the real market can be negotiated
.
PP prices in the southwest region are weak and downward
.
Futures were lower and the market was trading flat
.
The price of petrochemical plants was lowered, and the market quotation was lowered as a whole
.
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
.
The decline in futures volatility dragged down the mentality, and traders' quotations fell with them; However, due to the limited supply of resources in the region, the decline rate of spot prices is not fast
.
A small number of downstream terminals just need to take over, and the real market is flat
.
PP prices in the northeast are lower
.
Petrochemical ex-factory prices were lowered, traders underreported, and transactions were flat
.
