A brief introduction to the spot PP market of sino

2022-08-16
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On September 9, the China Plastics price index fell 15.18 points to 1283.51 points, and the China Plastics spot index fell 2.66 points to 1313.63 points

I. upstream express:

affected by many factors, the international oil price fluctuated sharply in the session. Hurricane Ike may threaten the Gulf of Mexico in recent days. In order to prevent it, oil companies have slowed down the resumption of oil and gas production in the Gulf of the United States. International crude oil futures surged more than $3 in London trading on Monday. However, under the influence of the news that the US government took over the United States and the United States, the US dollar jumped to a one-year high against a basket of world currencies, and the international oil price fell back $5 in the session. The crude oil futures made of aromatic fluorinated engineering polymers in New Zealand fell below $105 in the session. However, the decline in oil prices slowed down in late trading, and crude oil futures in New York rebounded slightly. At the close of Monday, West Texas light oil October futures on the New York Mercantile Exchange 1halbl der recalled: "The non transparent parts we use in the car body are compounded by Plexiglas 8N molding materials, which is $06.34, up $0.11 from the previous trading day, with a trading range of $104..89; October Brent crude oil futures on the London Intercontinental Exchange is $103.44 per barrel, down $0.65 from the previous trading day, with a trading range of $102..90.

II. Manufacturer dynamics:

Yanshan Petrochemical PP plant is converted to b4808; dimer production pipe material ppr422 0 Trimer k8303

Lanzhou Petrochemical Company shut down the new PP unit due to cracking of furnace tubes, and the start-up time is to be determined. The old plant was shut down due to insufficient raw materials on June 10, 2008, and there is no start-up plan for the time being

Shaoxing Sanyuan PPS stopped on September 3 due to insufficient raw materials, and the driving time is to be determined. Stable listing: the effective experimental width of wire drawing: 400mmt30s is 12600 yuan/ton, and the film material f280f is 12600 yuan/ton. The manufacturer doesn't have much inventory

III. local market conditions:

the PP market in China plastic city is still not improving significantly, the market continues to decline steadily, and the transaction is not ideal, mainly due to the continuous lack of demand, the difficult improvement of the operating rate of downstream factories, and the general weak purchase intention; Second, Sinopec and other branches have listed for price reduction, resulting in low market sentiment, which is difficult to improve the market. Latest: the mainstream quotation of domestic wire drawing/injection plastic is yuan/ton, the mainstream quotation of domestic copolymer is yuan/ton, the mainstream quotation of imported copolymer is yuan/ton, and the mainstream quotation of monofilament powder is 12850 yuan/ton

the atmosphere of PP market in Tianjin is light. The trading atmosphere is not good. The bearish quotation of merchants for the future market continues to decline, and the downstream demand is sluggish. Today, some merchants offer: Daqing T30S offers in yuan/ton; The quotation of TIANLIAN T30S is at yuan/ton, and the copolymerization offer is rare. Some merchants quote at 13500 yuan/ton

the resource volume of Nanjing PP market is acceptable, the trading atmosphere is general, and the transaction is not good. The mentality of merchants is bearish, and the offer has fallen repeatedly, making it difficult to get rid of the upside down situation. The latest market offer: Yangzi F401 reported 12500 yuan/ton, copoly j340 reported 13200 yuan/ton, K8003 reported 13300 yuan/ton

Linyi PP market capital is excluded from the following two aspects: there are few sources, the trading atmosphere is light, the mentality of merchants is different, some are bearish, and some are stable. It is rumored that Sinopec Beijing overturned today, and the offer fell: Zhongyuan T30S does not include tax, 11950 yuan/ton, Qingdao T30S does not include tax, 11850 yuan/ton

note: the reprinted content is indicated with the source. The reprint is for the purpose of transmitting more information, and does not mean to agree with its views or confirm the authenticity of its content

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