PP:现货维稳,成交清淡
Guo Tai Jun An Qi Huo·2025-07-14 02:49
- Report Industry Investment Rating - No information provided 2. Core View of the Report - The domestic PP market fluctuated narrowly, with a range of 10 - 30 yuan/ton. The PP futures main contract underwent a corrective adjustment, suppressing the spot market sentiment. The spot supply was abundant, but downstream new orders were insufficient, and demand was flat. After the decline in the market today, the purchasing willingness of factories further weakened. Traders' quotations remained the same as yesterday, and most real - deals were subject to negotiation. Overall, inquiries were dull, and trading volume was scarce [2] 3. Summary by Relevant Catalogs 3.1 PP Fundamental Data - Futures: The closing price of PP2509 yesterday was 7069, with a daily decline of 0.45%. The trading volume was 241,668, and the open interest decreased by 2015. The basis of the 09 contract was - 19 (previous day: - 92), and the spread between the 09 - 01 contracts was 15 (previous day: 23) [1] - Important Spot Prices: In North China, the price range was 7000 - 7100 yuan/ton (previous day: 7050 - 7150 yuan/ton); in East China, it was 7050 - 7180 yuan/ton (previous day: 7020 - 7180 yuan/ton); in South China, it was 7050 - 7220 yuan/ton (same as the previous day) [1] 3.2 Spot News - The domestic PP market had a narrow - range fluctuation. The futures adjustment affected the spot market. There was an ample supply of spot goods, but downstream demand was weak, and factory purchasing willingness declined [2] 3.3 Trend Intensity - The PP trend intensity was 0 [2]