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    Home > Chemicals Industry > New Chemical Materials > PP market stopped falling and partially rebounded, mainly transaction negotiations

    PP market stopped falling and partially rebounded, mainly transaction negotiations

    • Last Update: 2022-12-14
    • Source: Internet
    • Author: User
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    The PP market rebounded partially, mostly in wire drawing and copolymerization grades, with a range of 50-150 yuan / ton
    .
    Futures opened higher in the morning to boost spots, and traders offered a positive price in the morning, but due to the decline in the prices of some petrochemical plants, the rise was not significantly amplified
    .
    The enthusiasm of terminal downstream takeover has improved compared with the previous period, and the market trading volume and price have risen
    .

    PP

    The mainstream price of wire drawing in North China market is 8700-8750 yuan / ton, the mainstream price of wire drawing in East China market is 8850-9050 yuan / ton, and the mainstream price of wire drawing in South China market is 9050-9150 yuan / ton
    .

    PP prices in North China are adjusted in a narrow range, ranging from
    50-150 yuan / ton.
    Crude oil and polypropylene futures rebounded, petrochemical inventories fell faster, but the bearish atmosphere in the market remained strong, and traders held a wait-and-see attitude
    .
    It is recommended that the factory purchase on demand just need to complete the transaction and negotiate the real market
    .

    PP prices in South China were slightly sorted out, stabilized price shipments dominated, and local slight adjustments
    .
    The sharp rise in futures boosted the mentality, but the market quotation did not rise significantly because the price of some petrochemical plants fell to make up for the decline
    .
    The downstream terminal turned around well, and the transaction was better
    .

    The price trend of PP in East China rebounded, and some wire drawing and copolymerization were raised by 50-150 yuan / ton
    .
    Boosted by the sharp rebound of futures in the morning, local key low-price appropriate replenishment, market trading volume and price rose
    .

    PP prices in central China fluctuated
    in a narrow range.
    The morning futures rebounded with limited boost to the market, with traders shipping with them
    .
    Downstream on-demand procurement, real negotiation
    .

    PP prices in southwest China are generally stable, futures rebound boosts market confidence, most traders stabilize shipments, and transaction negotiations are the mainstay
    .

    PP prices in the Northwest Territories sorted
    out slightly.
    Futures rebounded in the morning, market trading sentiment improved, and traders followed suit
    .
    However, affected by the decline in some factory prices, the spot price part is still weakening
    .

    PP prices fluctuated
    in a narrow range in the northeast.
    Traders mainly ship with the goods, and the real market focuses on negotiation
    .

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