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    Home > Chemicals Industry > New Chemical Materials > The PP market fluctuated to the upside and cost support was strengthened

    The PP market fluctuated to the upside and cost support was strengthened

    • Last Update: 2022-12-11
    • Source: Internet
    • Author: User
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    The PP market fluctuated upward, and the price rose by 50-100 yuan / ton
    .
    The high opening of futures boosted the confidence of the industry, while the increase in some petrochemical prices further increased the support for the cost of supply, and merchants then tried to overreport shipments
    .
    Downstream factories are still resistant to high prices, but supported by high costs, transaction concessions are limited
    .
    Today, the mainstream price of wire drawing in North China market is 9200-9250 yuan / ton, the mainstream price of wire drawing in East China market is 9300-9350 yuan / ton, and the mainstream price of wire drawing in South China market is 9300-9400 yuan / ton
    .

    PP

    PP prices in North China rose slightly, and futures rose, supporting spot market quotations
    .
    The factory purchases on demand, and the transaction situation is average
    .

    PP prices in South China rose
    slightly.
    Futures rose, petrochemical plant prices were partially raised, and market quotations edged higher
    .
    Downstream factories purchase on demand, and real negotiations are the mainstay
    .

    PP prices in East China rose
    slightly.
    Futures continued to rise, the petrochemical support in the region was more sufficient and there were not many resources, and the spot market was more stable in
    shipments.
    Factories mostly maintain on-demand procurement, and the market transaction is average
    .

    PP prices in central China are consolidating in a narrow range, and the supply of goods is average
    .
    Supported by the stable price of petrochemicals, merchants continue to enter the market
    with them.
    The downstream factory is purchased on demand, and the transaction continues to be a single talk
    .

    PP prices in the southwest region partially increased
    .
    There are not many supplies in the market, and traders adjust their quotations according to their
    own inventory.
    Downstream factories purchase on demand, and real negotiations are the mainstay
    .

    PP prices in Northwest China are stable and improving
    .
    Subject to factory maintenance in the region, the supply of goods is still tight, and the supply is mostly concentrated in the hands
    of large traders.

    PP prices in the northeast were slightly
    higher.
    The ex-factory price of petrochemicals has increased, which has strengthened the cost support of the market
    .
    Futures are running at a high level and have limited
    impact on market sentiment.
    Traders followed the trend to report high, downstream factories' willingness to receive goods declined, and the market trading atmosphere was light
    .

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