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    Home > Chemicals Industry > New Chemical Materials > The PP market loosened slightly, and the futures consolidated at a low level

    The PP market loosened slightly, and the futures consolidated at a low level

    • Last Update: 2022-12-11
    • Source: Internet
    • Author: User
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    The PP market has loosened slightly
    .
    The futures market consolidated at a low level, which slightly hit
    the market mentality.
    The ex-factory price of most petrochemical regions remained stable, and the cost of supply formed by the market was limited
    .
    Traders actively ship, and most merchants give profits to sales to promote transactions; The enthusiasm of downstream factories to receive goods is low, the market wait-and-see atmosphere is strong, and real negotiations are the mainstay
    .
    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 9100-9250 yuan / ton
    .

    PP

    PP prices in North China weakened slightly, and the supply of goods was average
    .
    The low volatility of futures put pressure on the market, and merchants made small concessions to facilitate transactions
    .
    Downstream factories continued to purchase on demand, and the actual follow-up was poor
    .

    PP prices in South China continued to decline, and the supply of goods was average
    .
    With the support of petrochemical price stabilization, merchants have limited room for profit concessions, and actively ship to facilitate transactions
    .
    Downstream factories purchased on demand, and the real market did not improve
    .

    PP prices in East China were slightly consolidated
    .
    The low operation of futures inhibits the market mentality, traders follow the market to ship, downstream factories receive goods on demand, and the transaction is general.

    PP prices in central China loosened
    slightly.
    The ex-factory price of petrochemicals is stable, which forms a certain cost support
    for the market.
    Futures are running low and have limited
    impact on market sentiment.
    Merchants let profits sell, downstream factories are cautious, and market trading is light
    .

    PP prices in the southwest region are stable and small
    .
    The price of petrochemical plants is stable, traders follow the market to ship, the prices of individual grades are reduced, and the overall quotation is stable
    .
    Downstream factories purchase on demand, and the market transaction is general
    .

    PP prices in Northwest China are weak, there is no clear guidance for futures volatility, the market is also in a wait-and-see atmosphere, the spot market trading is weak, and there are many
    transaction negotiations.

    PP prices in the northeast loosened
    slightly.
    The ex-factory price of petrochemicals is stable, and the cost support for the market is limited
    .
    The narrow consolidation of the futures market has caused a certain blow
    to the willingness to receive goods downstream.
    Traders actively ship goods and sell at real profits; Downstream factories are cautious and wait-and-see, and the market trading atmosphere is light
    .

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