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The PP market is weak and downward, and most of them maintain a decline
ranging from 50-100 yuan / ton.
Morning futures open low and go low drag down the market mentality, downstream follow-up fear of decline psychology is strong, real operation is cautious, traders in order to promote shipments to actively lower the quotation
.
In addition, the reduction of plant prices in some petrochemical regions has also aggravated the decline in the center of gravity of transactions
.
The mainstream price of wire drawing in North China market is 9800-9900 yuan / ton, the mainstream price of wire drawing in East China market is 9900-10000 yuan / ton, and the mainstream price of wire drawing in South China market is 9750-9950 yuan / ton
.
PP prices in North China fell slightly, futures fell, and the spot market lacked support
.
The factory is mainly purchased on demand, and the transaction situation is average
.
PP prices in South China fell
slightly.
Petrochemical plant prices fluctuated slightly, and traders adjusted their quotations
slightly according to their own inventory.
Downstream factories purchase on demand and negotiate on a real basis
.
PP prices in East China were weak, and some fell in a narrow range
.
Futures volatility and decline dragged down, terminal high price resistance is strong, traders' mentality will change, shipment willingness is strong, and some transactions take the initiative to make profits
.
PP prices in central China are narrowly sorted, and the supply of goods is average
.
With the support of stable prices in Petrochemical Central China, the mentality of the industry does not fluctuate much, and merchants ship with them
.
Downstream factories are still cautious, and the transaction has not improved significantly
.
PP prices in the southwest region fell, futures fell, ex-factory prices were partially reduced, traders actively shipped, and transaction prices were negotiated
.
PP prices in the northwest region are weak.
The petrochemical part of the grade was lowered, and traders underreported, and the transaction focused on negotiation
.
PP prices in the northeast fell
slightly.
The ex-factory price of petrochemicals was lowered, which weakened
the cost support of the market.
Traders underreported with the trend, downstream factories were cautious, and the market trading atmosphere was light
.
