Brief introduction to spot PP market of sinoplasti

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As of 10:00 a.m. on November 25, 2009, China's plastic price index was at 1016.76 points, down 3.94 points. The China Plastics spot index rose 0.41 points to 1064.01

I. upstream express:

on Tuesday (November 24), the settlement price of West Texas light oil futures in January on the New York commodity futures exchange was $76.02 per barrel, down $1.54 from the previous trading day, with a trading range of 75 $80; The settlement price of January Brent crude oil futures on the London Intercontinental Exchange was $76.46 a barrel, down $1.00 from the previous trading day, with a trading range of 76 $84

Europe propylene FD reported euro/ton in northwest Europe, closing flat compared with the previous trading day. Far east propylene monomer FOB Korea reported USD/ton, up 13.5 USD/ton compared with the previous trading day

II. Warehouse receipt dynamics:

at 10:30 today, the China Plastics PP warehouse receipt index closed at 1121.34 points, down 9.85 points. PP main warehouse receipts plunged at the opening, as low as 1121 points. After that, the index rebounded weakly a few days ago and continued to fluctuate downward. After 1120, the market became stable. The latest price of pp1001 was 10240 yuan/ton, down 106 yuan/ton, and the price range was yuan/ton

III. local market conditions:

the listing price of some brands of China Plastics spot Mall () PP has been adjusted. Among them, pp/f401/Panjin Ethylene reported 10600 yuan/ton, up 200 yuan/ton; Pp/f401/Yangzi Petrochemical reported 10550 yuan/ton, down 450 yuan/ton; Pp/s1003/Dushanzi Petrochemical reported 10300 yuan/ton, down 100 yuan/ton; Pp/t30s/Daqing Refining & Chemical reported 10350 yuan/ton, down 150 yuan/ton; Pp/h030sg/India Xincheng reported 10300 yuan/ton, up 100 yuan/ton

the current price of PP in Shanghai is mainly stable. The decline of crude oil slightly affected the market mentality, but it was not reflected in the quotation. There were few transactions in the market in the morning, and the atmosphere was light

in Shunde PP market, the quotation of merchants in the morning remained stable as a whole, and the quotation of some brands changed slightly. The city has realized the multiple effects of mutual benefit and win-win, such as land appreciation, revitalizing social funds, increasing government taxes, and promoting industrial upgrading. The atmosphere of inquiry and price inquiry is general, the overall transaction has not improved, and the merchants' mentality is stable. At present, the supply of goods in the market is acceptable, and the downstream is enthusiastic about finding goods

the morning inquiry atmosphere in Shenyang PP market was general, and there were few transactions. At present, the merchants have little inventory, are unwilling to ship at low prices, and offer firm prices. The downstream continued to wait and see, with low enthusiasm for finding goods and weak transaction intention

the PP market in Tianjin was affected by the decline of crude oil closing, and the mentality of some businesses was slightly impacted. Recently, due to the small supply of low-cost goods and the difficulty of high-price transaction, the market trading atmosphere is slightly deadlocked, and some market participants are beginning to worry about the future correction. There was no improvement in the downstream search intention, and the overall market performance was weak

the PP market quotation in Yuyao is mainly stable. Today's price basically maintained yesterday, but the transaction price fell. The decline of crude oil affected the mentality of buyers. The morning trading was light and there were not many transactions. The merchants' mentality is mainly stable, and there are still differences on the later market trend

IV. manufacturer dynamics:

Jiujiang Petrochemical PP plant today produces T36F. Today's Pricing: drawing T30S is at 10300 yuan/ton, and film material T36F is at 10300 yuan/ton. The manufacturer's inventory is average, and the sales situation is OK

T36F produced by Dalian Xitai PP plant. Pricing: 10300 yuan/ton for T30S, 10350 yuan/ton for Z30S, and 150 yuan/ton for key customers. The manufacturer's inventory is normal, and the sales situation is average

PP unit of Zhenhai Refining & Chemical Co., Ltd. produces T30S. Continue pricing today: the drawing T30S is at 10300 yuan/ton, and the film material f280z is at 10300 yuan/ton. The manufacturer doesn't have much inventory and sales are normal

Shaoxing Sanyuan PP plant produces T30S, and the plant operates at low load. The pricing is stable today: the drawing T30S is at 10300 yuan/ton, and the film material f280f is at 10300 yuan/ton after the experiment. The manufacturer doesn't have much inventory and sales are normal

the PP resources of langang Petrochemical are uniformly allocated in Northwest Company, and the langang unit produces fiber materials. In terms of ex factory price, the drawing F401 is 10050 yuan/ton, while the fixture is very different from that in foreign countries and China, and the polypropylene fiber slicing bh/bl is 10300 yuan/ton. It is reported that the inventory is basically normal and the sales situation is OK

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