echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > PP market continues to be high, downstream factories purchase on demand

    PP market continues to be high, downstream factories purchase on demand

    • Last Update: 2022-12-13
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    The PP market continued to be high, and the prices of some products rose by 150-200
    yuan / ton.
    The ex-factory price of most petrochemicals has been raised, which has enhanced the cost support effect on the source of goods
    .
    Futures continued to consolidate at a high level after opening higher in the morning, which boosted market confidence
    .
    Coupled with the tight spot supply in the market, traders are not strong in low intentions, and continue to slightly overreport shipments
    .
    Some downstream factories have replenishment demand after the holiday, and the transaction continues to be mainly based on real negotiations
    .

    PP

    The mainstream price of wire drawing in North China market is 10900-10950 yuan / ton, the mainstream price of wire drawing in East China market is 10950-11100 yuan / ton, and the mainstream price of wire drawing in South China market is 11000-11100 yuan / ton
    .

    PP prices in North China continued to rise
    .
    Yesterday, Petrochemical raised factory prices, and traders
    ' quotations followed suit.
    Downstream factories purchase on demand and negotiate on a real basis
    .

    PP prices in South China continued to rise, and the supply of some sources was tight
    .
    Petrochemical prices are stable, cost support is strong, futures continue to be high to boost market confidence, traders continue to overreport shipments
    .
    Downstream factories and terminals can be used as they go, and real negotiations are the mainstay
    .

    The price of PP in East China partially rose, around 200 yuan / ton
    .
    Futures opened high and went higher to boost the mentality, petrochemical price increase support and resource supply did not support much, traders quoted more to continue high
    .
    The downstream inquiry atmosphere of the terminal is acceptable, and the real market just needs a small amount
    .

    PP prices in central China rose
    sharply.
    Futures opened high and went high, coupled with the lack of spot resources in the market, traders actively overreported, downstream factories waited and watched, and the real transaction was average
    .

    PP prices in the southwest region continue to rise
    .
    Petrochemical plant prices were partially raised, and traders' quotations mostly rose
    .
    Downstream factories purchase on demand and negotiate on a real basis
    .

    PP prices rose in the northwest, futures rose to support spot prices, factory prices also rose, and market prices rose
    .

    PP prices rose in
    the northeast.
    The ex-factory price of CNPC increased, the market went higher, and the transaction atmosphere was general
    .

    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.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.