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The PP market fell steadily, with a range of 50 yuan / ton, and the real market focused on negotiations
.
Most of the prices of petrochemical manufacturers remained stable, and a small number of declines, which is difficult to give the market a clearer direction; Two barrels of oil stocks accumulated above 800,000 tons again over the weekend, affecting market confidence; In addition, futures opened low and fluctuated downward, suppressing market mentality
.
Some merchants are waiting for the guidance of petrochemical sales strategy, and their intention to ship at low prices is not strong for the time being; However, there are also traders who actively let some grades of goods ship, and Ningbo Fudas has a transaction
at 9650 yuan / ton.
In terms of the overall transaction of the market, normal sales have encountered resistance, and low-price transactions are good
.
Today's mainstream price of wire drawing in North China market is 9750-9800 yuan / ton, the mainstream price of wire drawing in East China market is 9750-9800 yuan / ton, and the mainstream price of wire drawing in South China market is 9800-9900 yuan / ton
.
PP prices in North China adjusted slightly, futures fluctuated trend, spot market fluctuated slightly, traders actively shipped, and factories mostly maintained on-demand procurement
.
The price of PP in South China is narrowly sorted, and the supply of goods is normal
.
The volatility of futures has put pressure on the market, and the stability of petrochemical prices has a certain cost support for the supply of goods, and traders adjust prices
according to their own inventory.
Downstream factories can be used as they go, and the transaction is mainly negotiated
.
PP prices in East China are sorted
out in a narrow range.
Petrochemical prices are temporarily stable, but the low opening of futures inhibits market mentality, traders actively let profits and shipments, downstream factories receive goods on demand, and there are more negotiations
in the real market.
PP prices in central China are sorted out in a narrow range, and the supply of goods is normal
.
The futures market fluctuated at a low level, which had a limited impact on the market mentality, and the price of petrochemical plants was stable, which had a certain cost support effect on the source of goods, and traders shipped with them
.
Downstream factories purchase on demand, and the real transaction is mainly a single negotiation
.
PP prices in the southwest region were slightly
lowered.
Petrochemical's quotation at the beginning of the month was generally stable, individually lowered, the support for the cost of supply weakened, and the market was weakly adjusted
.
Downstream factories purchase on demand and negotiate on a real basis
.
PP prices in Northwest China are weak, and the quotations of some grades are reduced by 50-80 yuan / ton
.
The deep correction of futures dragged down, and trader quotes followed the decline
.
There are few downstream receivers in the terminal, and the real market is light
.
PP prices fluctuated
in a narrow range in the northeast.
Traders accompany the shipment, and the real negotiation is the mainstay
.
