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The PP market has fallen sharply, with a range of 200-300 yuan / ton level
.
The heavy decline in futures dragged down the confidence of the industry, coupled with the sharp reduction of petrochemical plant prices and the slightly loose flow of resources, traders were more willing to ship, and price reduction shipments dominated
.
The downstream terminal is expected to be short in the future, so it is more cautious to operate, and the real market is lacking
.
PP price weakness adjustment in North China, ranging from
50-200 yuan / ton.
Petrochemical ex-factory prices continued to fall, futures opened down 300 yuan / ton, traders' willingness to ship decreased, and the market was bearish
.
It is recommended that the factory purchase on demand just need to complete the transaction and negotiate the real market
.
PP prices in South China are weak and downward, and some quotations are lowered by 100-150 yuan / ton
.
Dragged down by the sharp decline in futures, coupled with the continuation of petrochemical accumulation and factory price reductions, the bears of the cargo side have strong expectations in the market, so the shipment intention is strong, and the price reduction is more than the shipment
.
A small amount of the downstream of the terminal just needs to be purchased, and the real market is flat
.
The PP market price in East China has mostly been lowered, with a range of 200-300 yuan / ton
.
The sharp setback in futures dragged down the mentality of the industry, coupled with the continued decline in cost support and large shipment resistance, traders shipped more at reduced prices
.
The terminal reception sentiment is not high, and the trading is flat
.
PP prices in central China were weakly adjusted, with a decrease of
50-200 yuan / ton.
Futures opened down 300 yuan / ton, petrochemical prices continued to fall, and the market was bearish
.
Downstream procurement is cautious and real negotiation
.
PP prices in the southwest region partially fell, futures fell, the spot market remained weak, some quotations fell, and transaction negotiations were negotiated
.
PP prices in Northwest China are weakly lowered, with a range of around
100-300 yuan / ton.
Subject to the amplification of the decline in futures and the strong intention of cargo holders, today's market quotations were significantly lowered
.
A small number of downstream terminals just need to take over, and the real market is flat
.
