 Home > Chemicals Industry > New Chemical Materials > The PP market rose slightly and downstream on-demand procurement

The PP market rose slightly and downstream on-demand procurement

 Last Update: 2022-12-14
 Source: Internet
 Author: User

Tags

china supply chain

small

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

The PP market rose slightly, with a range of 200-300 yuan / ton
.
The high opening and high movement of futures have boosted the market mentality, and the price of some petrochemical plants has been raised, which has strengthened the cost support for the source of goods
.
In addition, petrochemical inventories are relatively low, and the short-term internal control pressure is small
.
Traders' sentiment has eased, low intention is not strong, slightly probing the rise, mainly
accompanying shipments.
Downstream factories are more resistant to high prices, small quantities just need to be purchased, and market transactions are general
.

The mainstream price of wire drawing in North China market is 8950-9050 yuan / ton, the mainstream price of wire drawing in East China market is 9150-9250 yuan / ton, and the mainstream price of wire drawing in South China market is 9400-9600 yuan / ton
.

PP prices in North China rose
slightly.
Boosted by the rise in futures in early trading, market quotations were mostly raised
.
Downstream on-demand procurement, real negotiation
.

PP prices in South China mostly rose, ranging from 50-150 yuan / ton
.
Futures opened sharply higher in the morning, and petrochemical plant prices were raised and boosted, and traders actively reported
higher.
The downstream terminal receives an appropriate amount of orders, and the transaction is stable
.

PP prices in East China were slightly consolidated
.
Traders offered more traction as futures rose sharply in the morning, while petrochemical plant prices were raised
.
The downstream terminal receives an appropriate amount, and the transaction atmosphere is acceptable
.

PP prices in central China rose slightly, and some sources were in tight supply
.
Futures opened higher and moved higher to boost mentality, traders slightly overreported, accompanying shipments
.
Downstream factories purchase on demand, and real negotiations are the mainstay
.

PP prices in the Northwest Territories partially increased
.
Benefiting from the small supply of resources in the region and the slight rise in futures, traders' quotations rose
.
The downstream of the terminal receives a small amount of orders, and the trading is stable
.

PP prices in the northeast region rose steadily
.
The supply of traders is not much, some are stable and slightly overreported, and the downstream receives goods on demand, and the real market focuses on negotiation
.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.