A brief introduction to the PP market of China Pla

2022-08-09
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On June 2, 2009, China Plastics information PP market brief

China Plastics price index closed at 930.83 points, up 2.86 points. The China Plastics spot index rose 1.82 points to 966.19 points

I. upstream express:

WTI crude oil on the New York Mercantile Exchange rose $2.27/barrel to $68.58/barrel. Brent crude oil rose $2.45/barrel to $67.97/barrel

Europe propylene FD reported EUR/ton in northwest Europe, which was stable compared with the previous trading day. Far east propylene monomer FOB South Korea reported USD/ton, up 6 USD/ton from the previous trading day

II. Manufacturer dynamics:

li28f produced by PP unit of Huabei Petrochemical. The price is stable today: drawing T30S is at 9100 yuan/ton, and film material li28f is at 9100 yuan 5 The exposed moving parts of the instrument should be cleaned with gasoline regularly/ton, and hb01mf is 9100 yuan/ton. The manufacturer's inventory is normal and sales are average

Shanghai Petrochemical first-line production gm750e; The graduation line of dimer production 4.5 experimental machine should be accurate, average and clear f280so; Trimer produces m700r

Yangzi Petrochemical PP plant line a produces F401, line B produces j340, and new line produces s1004

Panjin Ethylene PP plant continues to produce F401. The manufacturer doesn't have much inventory, and the sales are OK. The manufacturer may readjust its pricing in the near future

III. local market conditions:

the listing price of the main brand of China Plastics spot Mall () PP was higher than that of the same period yesterday. Among them, pp/k8003/Yangzi Petrochemical reported 10350 yuan/ton, up 100 yuan/ton for optional microcomputer interface; Pp/t30s/Shaoxing Sanyuan reported 9450 yuan/ton under the condition of small deformation, down 50 yuan/ton; Pp/s1003/Shanghai Secco reported 9550 yuan/ton, up 50 yuan/ton; PP/M1600/Korean Hyundai news 10200 yuan/ton, up 100 yuan/ton; Pp/t30s/Zhenhai Refining and chemical reported 9450 yuan/ton, down 130 yuan/ton

at 10:30 today, the China Plastics PP warehouse receipt index closed at 1044.14, up 4.52. PP main warehouse receipt contracts opened higher, showing an overall trend of shock consolidation. The trend fluctuated significantly, and the trading volume decreased slightly compared with the same period of the previous trading day. The latest price is 9305 yuan/ton, up 36 yuan/ton, and the price range is yuan/ton

the price of Linyi PP market rose today, but the transaction was poor. Crude oil continues to soar, bringing great confidence to the market. In addition, there are not many sources of goods, and businesses have raised their quotations. The state of mind has improved, but I still have doubts about the future trend. Quotation: Qingdao T30S excludes 8800 yuan/ton of tax declaration, and Zhongyuan T30S has few sources of goods, excluding 8850 yuan/ton of tax declaration

the mentality of Tianjin PP market is bullish, and merchants have closed their offers without quotation, some of which are on the high side, making it difficult to clinch a deal. The atmosphere of finding low-cost supply in the market is acceptable, but there is a lack of transactions, and downstream manufacturers also expressed resistance to price increases

the quotation of PP market in Hangzhou rose slightly, and the mentality of merchants was bullish, but the operation was cautious. The transaction price can be discussed again, but there is little room for discussion. The mainstream quotation of domestic T30S is 9450 yuan/ton, and that of low-melt copolymerization is yuan/ton. The downstream demand is general, and it is still wait-and-see

some quotations in Shunde PP market rose slightly, the market supply volume was acceptable, the merchants' enthusiasm to continue shipping was not high, and their confidence in the future market rebounded. The inquiry of downstream factories is light, and the market mentality is wait-and-see

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