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The PP market continued to fall, and the price fell by about
100 yuan / ton.
Some petrochemical prices have been lowered, the support for the cost of supply has weakened, and the downward trend of futures has further aggravated the downward pressure, and merchants have subsequently reduced their positions by making profits and
shipments.
Downstream factories are cautious in purchasing, transaction follow-up is insufficient, and market trading is light
.
The mainstream price of wire drawing in North China market is 8450-8500 yuan / ton, the mainstream price of wire drawing in East China market is 8450-8550 yuan / ton, and the mainstream price of wire drawing in South China market is 8600-8700 yuan / ton
.
PP prices in North China are weak.
Futures fluctuated at low levels, the market negotiation atmosphere was flat, and prices moved steadily
.
The downstream plant is basically normal, and the current on-demand procurement is the mainstay
.
PP prices in South China have continued to fall, and the supply of goods is average
.
At the beginning of the week, the market lacked favorable support, and the price reduction of some petrochemical South China intensified the downward pressure, and merchants followed suit
.
Downstream factories continued to purchase on demand, and the actual transaction follow-up was poor
.
The price of PP in East China did not change much, and most of them shipped at stable prices, and some grades fell slightly by 50 yuan / ton
.
Futures fluctuate, the spot market performance is average, factories mostly maintain on-demand procurement, and low-price transactions are the mainstay
.
PP prices in central China loosened
slightly.
The ex-factory price of petrochemicals is stable, and the cost support for the market is weak
.
Futures are running low and have limited
impact on market sentiment.
Traders accompany shipments, downstream factories are less willing to receive goods, and the market wait-and-see atmosphere is strong
.
PP prices in the southwest region are stable and small
.
Futures fluctuated at low levels in early trading, the market lacked a favorable boost, and trading was flat
.
Supported by the stabilization of petrochemical prices, traders' quotations moved steadily
.
The downstream plant is basically normal, and the current on-demand procurement is the mainstay
.
PP prices in Northwest China fluctuate in a narrow range, and individual adjustments are 20-50 yuan / ton
.
Futures lack clear guidance, traders mostly follow the market to ship, downstream terminals shrink to wait and see, the real market is not good
.
PP prices in the northeast region remained consolidated
.
The ex-factory price of CNPC is stable, traders ship with them, and the real market is mostly preferential according to the petrochemical batch policy
.
