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China PP futures prices correct at high levels

Shandong (JLC), May 29, 2024--China PP futures prices of the most-traded contract for May delivery rose after declining, and then went range-bound at a high level.

05-29-2024 16:23:48

China Aug PP prices to seesaw on firm PP futures but dim demand

Shandong (JLC), August 8, 2023—China PP prices may seesaw in the short run due to strong PP futures support but weak fundamentals.

08-08-2023 17:42:36

China PP futures prices fall on low margins

Shandong (JLC), May 16, 2023—China’s polypropylene (PP) futures prices decreased after the May Day holiday amid lower PP margins. As of press time, PP 2309 futures prices closed at CNY7,125/mt.

05-16-2023 17:41:07

PP powder prices fall on weak PP futures and dim demand

Shandong (JLC), February 15, 2023—China’s PP powder prices declined on lower PP futures prices and lackluster demand.

02-15-2023 17:04:58

China PP powder prices fall on low PP futures prices and weak demand

Shandong (JLC), August 12, 2022—China’s PP powder prices moved down amid low PP futures prices and weak demand.

08-12-2022 16:21:15

BOPP prices up on rising PP futures prices

Shandong (JLC), June 9, 2022--BOPP prices inched up in this week (May 27-June 2), as PP (polypropylene) futures prices increased.

06-09-2022 14:42:20

PP futures prices to extend gains

As of November 18, the most actively traded PP futures contract closed at CNY8,492/mt, comparing with the lowest point on March 30 at CNY5,711/mt, a spread of CNY2,781/mt.

11-18-2020 17:05:58

PP futures price exceeds LLDPE futures price

LLDPE futures and PP futures usually show close connection and similar price trend for long. However, PP futures price has exceed LLDPE futures price in June 2018.

06-27-2018 17:49:14

PP futures price hit a new high, spurring bullish expectation of September market

On August 29th, 2017, the most traded contract PP1801 opened at CNY9,135/mt and closed at CNY9,287/mt. The highest price reached CNY9,293 and the lowest hit CNY9,106.

09-01-2017 10:11:39

What does the slumped PP futures price mean to PP market?

PP demand kept sluggish around the Lantern Festival in February. In spite of the coming boom season in March, the various bearish factors in PP market made some traders cautious, especially that PP futures price declined in mid-February.

02-22-2017 15:09:40

PP futures and spot prices both declined

The price of dominant PP 1705 contract slipped from the high level and once hit the downward limit in last week. China domestic PP market price continued declining.

12-26-2016 18:05:34

PP futures almost hit the limit down recently

PP futures almost hit the limit down in mid-December after it continued increasing from October, making the traders worried. The recent market trend of PP industry kept mixed, so, what market trend will follow the price decline of PP futures this time?

12-21-2016 17:41:25

What market trend will PP powder have after PP futures price rebounded?

PP futures price increased after opening on November 21st, and had a strong market trend. The intraday high of dominant contract reached CNY8,585/mt. The close price was up by CNY168/mt, or 2.01%.

11-22-2016 15:59:39

The market trend of PP futures changed rapidly

On November 11th, PP 1701 contract had a strong market trend with a high opening price. The price once reached the limit up and the declined slightly after the noon. The opening price was CNY8,975/mt and the close price was CNY9,070/mt.

11-15-2016 17:18:20

PP powder price increased along with the soaring PP futures price

Recently, the negative expectation on the production limit of crude oil and the ups and downs in the US election caught the participants’ attention. Crude oil price vibrated at a low level after declining.

11-15-2016 14:37:52

PP futures declined after soaring. Will PP spot continue to increase?

PP spot price increased by CNY100/mt on October 26th. Some companies of Sinopec and PetroChina raised PP price again, underpinning PP quotation. As the same time, PP supply was tight in the end of October. The traders took an active part in raising price and sales volume.

10-28-2016 17:58:11

PP futures had a bullish market trend

After National Day holiday, PetroChina and Sinopec raised PP price in turn, strengthen the speculation in PP market. PP quotation increased amid the bullish market trend. Some speculators restocked moderately, underpinning the high PP price.

10-12-2016 17:43:34

Limit Down of PP Futures Price

Continuous large crude oil price fall and fluctuation in propylene market further reduced the support from cost and intensified the already depressed market.

12-10-2014 11:14:05

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