December 31 Overview of PP Markets

Tianjin's PP market trend has generally stabilized, with New Year holidays approaching and transactions are light. Businesses continue to test shipments or sell off settlements, and the transaction enthusiasm is not high. The enthusiasm of downstream manufacturers is not high, and the market continues to be sideways.

Beijing PP market is not much quoted today, stabilizing finishing. As New Year's Day is approaching, traders’ enthusiasm for shipping is low and the market atmosphere is light.

Shenyang PP market holiday atmosphere, the market sentiment is biased, fewer inquiries, no deal.

Changzhou PP market price is stable. At the end of the month, traders have no intention of shipping at a low price. The festive atmosphere of New Year's Day begins to appear.

Shanghai PP market price changes little. The petrochemical pricing supports the market. At the end of the month, the overall supply of goods in the market is small. As New Year holidays approach, traders’ enthusiasm for shipments is normal. The actual transaction in the market can be discussed in real terms, and the market is stagnant.

Qilu Chemical City PP market supply is small, the overall offer is strong, crude oil fell little impact on the market, the holiday approaching, the business operation is low. Downstream demand is mainly used with purchase, and transactions can be discussed in small quantities.

Hangzhou PP market price changes are not much, New Year holidays approaching, the market trading activity is low. Businesses reflected poor downstream demand, the overall wait-and-see atmosphere was strong, and the market continued to be weakly organized.

The overall supply of Chengdu PP market is relatively low. Petrochemical introduced the policy of increasing prices at the beginning of next month, and traders have no obvious reaction. Near New Year holidays, traders are not enthusiastic about shipping.

Xiamen PP market price changes little. Petrochemical pricing sales support the market, the demand at the end of the month is normal, and the market continues to be narrowed.

The supply of raw materials in the surrounding Central Plains PP market is small, Sinopec Central China listed on the increase, the market mentality is slightly supported, businesses offer firm. Close to the holidays, the atmosphere of the market trading is cool.

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