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    Home > Chemicals Industry > New Chemical Materials > The PP market is weak and consolidated, and the trading is average

    The PP market is weak and consolidated, and the trading is average

    • Last Update: 2022-12-08
    • Source: Internet
    • Author: User
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    The PP market was weak and consolidated, and the price fell by about
    50 yuan / ton.
    Although most petrochemical factory prices are stable and the mentality of the industry does not fluctuate much, the low volatility of futures puts pressure on the market, and merchants make small concessions to seek transactions
    .

    PP

    The actual procurement of downstream factories is weak, coupled with the fact that most factories have not yet resumed work, the slow digestion progress of supply sources has aggravated the downward pressure, and the overall market trading atmosphere is weak
    .
    Today, the mainstream price of wire drawing in North China market is 9000-9100 yuan / ton, the mainstream price of wire drawing in East China market is 9050-9150 yuan / ton, and the mainstream price of wire drawing in South China market is 9150-9250 yuan / ton
    .

    PP prices in North China were slightly sorted out, futures trends were weak, factories purchased on demand, traders actively shipped goods, and some prices were negotiable
    .

    PP prices in South China weakened slightly, and the supply of goods was average
    .
    The market sentiment is empty, and merchants continue to let profits and shipments reduce positions
    .
    The downstream factories are not doing well, and the market trading atmosphere is weak
    .
    PP prices in East China

    PP prices in central China were slightly consolidated
    .
    The ex-factory price of petrochemical is stable, which forms a certain cost support for the market; However, the decline in futures and the lack of terminal gas buying led to a poor
    real market.
    Traders accompanied the market to ship, and the center of gravity of the transaction was negative
    .

    The price of PP in the southwest region was slightly sorted out, and the supply of goods was general.

    With the support of stable prices in Petrochemical Central China, the mentality of the industry does not fluctuate much, and the merchants mainly ship with them
    .
    Downstream factories are actually purchased on demand, and because most of them have not yet resumed work, the trading atmosphere is not good
    .

    PP prices in the northwest region are weak.

    Futures fluctuated at a low level, and traders followed the market, adjusting quotations
    slightly according to their own inventory.
    Downstream factories have resumed operation one after another, and the current demand is flat and the transaction is average
    .

    PP prices in the northeast region are adjusted in a narrow range, and traders mostly follow the market to ship
    .
    Futures open low and go low to continue to suppress the takeover mentality, and the market trading atmosphere is not good
    .
    Traders accompany the market to ship, and the transaction is more negotiable
    .

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