Jiujiang Petrochemical's PP capacity is 100,000 tons/year, with current operating load normal. The ex-factory reference price for drawing grade T30S has been raised by 100 yuan to 6,400 yuan/ton. Spot prices from merchants are adjusted according to market conditions, and trading activity is moderate. PriceSeek's analysis of PP shows a long-short score of 1. The article notes that Jiujiang Petrochemical's ex-factory reference price for PP has increased by 100 yuan/ton to 6,400 yuan/ton, indicating producers' bullish expectations and reflecting potential tightness in spot supply or stronger downstream demand. Merchants' spot prices are adjusted in line with market conditions, and trading activity remains favorable, further supporting short-term spot price increases. Therefore, this constitutes a generally positive factor for PP spot prices.
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