Description of Domestic PP Market Trend Today

2019年10月10日17:05 来源：无

Today, the domestic PP market is weak, with fluctuations of 50 yuan per ton. Futures market guidance is limited by sustained volatility. Some producers downgraded the quotation of some varieties, and the cost-side support was slightly loosened. From the market point of view, temporary consolidation in North China is the main area, with emphasis on negotiation; spot resources in East China are general, spot drawing is strong; and prices in South China continue to be flexible due to the impact of factory price reduction. Downstream factories just need to be purchased, the transaction is normal. Today, the mainstream price of wire drawing in North China market is 8500-8700 yuan/ton, that in East China market is 8700-8850 yuan/ton, and that in South China market is 8800-8900 yuan/ton.

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