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The PP market fluctuated in a narrow range, and some of them made up for the decline
.
Yesterday's rebound slightly eased the market's bearish mentality, and today's morning volatility had little impact on
spots.
At the beginning of the month, Petrochemical partially lowered the factory price, the cost support weakened, and the market was only partially reduced
due to the inversion in the early stage.
Traders are generally under inventory pressure, cautious about the future market, and continue to have a positive shipment attitude
.
The downstream factory is cautious and just needs to be purchased
.
The mainstream price of wire drawing in North China market is 10300-10400 yuan / ton, the mainstream price of wire drawing in East China market is 10350-10450 yuan / ton, and the mainstream price of wire drawing in South China market is 10500-10600 yuan / ton
.
PP prices in North China adjusted slightly, futures fluctuated intraday, and spot market prices did not change much
.
The factory purchases on demand, and the transaction is general
.
PP prices in South China are stable and small, and the market supply is average
.
Futures open high and low have limited impact on market sentiment, and petrochemical prices are stable
.
Traders' quotations tend to stabilize and go with shipments
.
Downstream factories continue to purchase on demand, focusing on real negotiations
.
PP prices in East China were slightly consolidated
.
Futures volatility is slightly wider, traders have a strong wait-and-see mentality, and they ship more with the market
.
However, due to the reduction of petrochemical plant prices and the slightly empty mentality of the future market, the market trading atmosphere is flat, and some transactions are mostly negotiated
.
PP prices in the southwest region continued to be narrow.
Futures fluctuated widely, the market wait-and-see atmosphere was strong, and traders mostly shipped with them
.
Downstream on-demand procurement, real negotiation
.
PP prices in the northeast fell
slightly.
Traders actively ship goods with them, and the downstream receives goods on demand, focusing on negotiation
.
