A brief introduction to the PP market of China Pla

2022-08-22
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As of 10 a.m. on December 9, 2009, China's plastic price index rose 0.80 points to 1013.55 points. The China Plastics spot index fell 0.01 points to 1072.64 points

I. upstream express:

on Tuesday (December 8), the settlement price of West Texas light oil futures in January on the New York Mercantile Exchange was $72.62 a barrel, down $1.31 from the previous trading day, with a trading range of 72 39 dollars; The settlement price of January Brent crude oil futures on the London Intercontinental Exchange was $75.19 a barrel, down $1.24 from the previous trading day, with a trading range of 75 $02

Europe propylene FD reported EUR/ton in northwest Europe, closing flat compared with the previous trading day. Far east propylene FOB South Korea reported USD/ton, down $10/ton from the previous trading day

II. Warehouse receipt dynamics:

at 10:30 today, the China Plastics PP warehouse receipt index closed at 1104.53 points, down 2.05 points. PP main warehouse orders dived to 1101 at the opening, and then the index rose in shock. After reaching around 1106, the rebound was blocked and fell in shock. The latest price of pp1001 is 10035 yuan/ton, down 36 yuan/ton, and the price range is yuan/ton

III. local market conditions:

the listing price of some brands of PP in China Plastics spot mall has been adjusted. Among them, pp/6535a/Formosa Plastics USA reported 11900 yuan/ton. Open the oil return valve and bulabula rose 900 yuan/ton; Pp/j340/Yangzi Petrochemical reported 11300 yuan/ton, up 170 yuan/ton; Pp/t30s/Daqing Refining and chemical reported 10700 yuan/ton, up 300 yuan/ton; Pp/m800e/Shanghai Petrochemical reported 13200 yuan/ton, up 800 yuan/ton; Pp/t300/Shanghai Petrochemical reported 11400 yuan/ton, up 400 yuan/ton

the market atmosphere in Nanjing PP market in the morning was cold and transactions were rare. Crude oil has fallen for days, market panic has risen, and some businesses are optimistic about the future market. The downstream demand is weak, mainly on the sidelines, and the transaction intention is not high

the quotation of PP market in Hangzhou fell slightly. Downstream demand is sluggish, and there is more room for negotiation of transaction price. Merchants have high enthusiasm for shipping, and the quotation is slightly stronger than the current situation of sluggish demand. The downstream resisted the high price supply, and Chen quanxun didn't say much about the trading volume in his speech

the PP market in Shantou is more stable today. Enquiries in the morning were general, and the merchants reported that there were not many transactions. The quotation for wire drawing is about 9600 yuan, and the copolymerization is less, about 10450 yuan. The above quotation does not include tax, and the actual transaction can be negotiated

Shenyang PP market has a light market atmosphere in the morning, with few inquiries and average transactions. International crude oil fell for days, and the market still failed to reach a consensus without some terms. Supported by other positive factors, businesses were slightly confused, and some businesses were pessimistic about the future market

the performance of PP market around Central Plains is still sluggish today. There are not many market resources, but the demand is weak, and the overall transaction is scarce. The price of Zhongyuan T30S excluding tax is about 9400 yuan/ton, and the actual transaction is slightly lower

IV. manufacturer dynamics:

Zhenhai Refining and chemical PP plant has been converted to film material in the morning. Continue to implement the listing policy today: the drawing T30S is at 10300 yuan/ton, and the film material f280z is at 10300 yuan/ton. The manufacturer's inventory is not large, and the sales are normal

Jiujiang Petrochemical PP plant produces T30S today. Listed for sale today: drawing T30S is at 10300 yuan/ton, and the market capacity of film T36F in plastic extruder will be further expanded by 10300 yuan/ton. The manufacturer's inventory is general, and the sales situation is acceptable

T30S produced by Shaoxing Sanyuan PP plant. Continue to list today: the drawing T30S is at 10300 yuan/ton, and the film material f280f is at 10300 yuan/ton. The manufacturer's inventory is not large, and the sales are normal

drawing is produced in PP plant of Zhongyuan Petrochemical. Listed for sale today: T30S is at 10100 yuan/ton. The manufacturer's granular material inventory is not large, and the sales are average

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