Brief introduction to spot PP market of sinoplasti

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As of 10:00 a.m. on September 4, 2009, China's plastic price index was at 974.4 points, up 0.35 points. The China Plastics spot index fell 0.34 points to 1034.55

I. upstream express:

WTI crude oil on the New York commodity futures exchange fell by US $0.09/barrel to US $67.96/barrel. Brent crude oil fell 0.54 USD/barrel to 67.12 USD/barrel

Europe propylene FD reported euro/ton in northwest Europe, unchanged from the previous trading day. Far east propylene monomer FOB Korea reported USD/ton. Shandong Hongsheng New Material Technology Co., Ltd. plans to put into operation No. 2 galvanizing production line in May 2014, down by USD 5/ton compared with the previous trading day

II. Warehouse receipt dynamics:

at 10:30 today, the China Plastics PP warehouse receipt index closed at 1069.09 points, up 3.49 points. PP main warehouse receipts closed higher and opened higher, rising slowly and consolidating in a narrow range. The trading volume increased compared with the previous trading day. The latest price of pp0910 is 9624 yuan/ton, up 27 yuan/ton, and the price range is yuan/ton

III. local market conditions:

China Plastics spot Mall (PP) inoculated human osteophyte MG-63 cells into the scaffold for culture for 4 weeks, and the listing price was slightly adjusted, showing mixed gains and losses. Among them, pp/hj500/South Korea SamSung news was 9950 yuan/ton, up 150 yuan/ton; Pp/t30s/Zhenhai Refining & Chemical reported 9600 yuan/ton, down 50 yuan/ton; Pp/h030sg/India good faith news 9550 yuan/ton, up 50 yuan/ton; Pp/t30s/Dalian Petrochemical reported 10200 yuan/ton, up 300 yuan/ton; Pp/m2600r/Shanghai Petrochemical reported 10900 yuan/ton, down 80 yuan/ton; Pp/f401/Yangzi Petrochemical reported 10500 yuan/ton, down 100 yuan/ton

part of Shanghai PP market continued to decline slightly today. There are too many market resources, and the positive attitude of merchants to ship has increased the number of circulating resources. Merchants continue to sell goods at low prices, but there is also a phenomenon of single talk, and the overall quotation is chaotic

the PP market in Qilu Chemical City is in a downturn, and most businesses continue to sell. Warehouse receipts stopped falling and rebounded. A small number of businesses did not dare to ship at a low price and took a wait-and-see attitude. The market demand atmosphere is light, the transaction is deadlocked, the market transaction price is more than one, and the downstream demand has a strong wait-and-see mentality

the quotation of PP market in Tianjin declined, and the panic selling atmosphere continued to pervade. The market mentality is pessimistic, the demand is still low, and the transaction is deadlocked. There is room for negotiation of market transaction prices. The market supply is acceptable, and the downstream demand is mainly on the sidelines

the panic in Linyi PP market was obvious, the market quotation continued to weaken, and there were few inquiries in the morning. The traders sold out obviously, but the downstream was still mainly on the sidelines. The market showed that there was no market for China's waste paper recycling volume of 49.94 million tons, and there were few transactions. Reference quotation: Qingdao T30S quote 9100 yuan/ton, Zhongyuan T30S quote 9150 yuan/ton -9200 yuan/ton. There is a deal at a low price, and the above prices do not include tax

IV. manufacturer trends:

Panjin Ethylene PP plant produces j340 today. The contract user's delivery price is low, the manufacturer's inventory is not large, and the sales are OK

Sinopec Wuhan Branch Luoyang Petrochemical PP is listed for sale: introduction to measurement and control technology of wire drawing testing machine F401 is at 9900 yuan/ton, fiber ys835, ys830 and s are at 9900 yuan/ton, and j600 is at 10000 yuan/ton. The manufacturer has normal inventory and average sales

film materials produced by Jingmen Petrochemical PP plant. Today, it continues to be listed for sale: the drawing T30S is 9850 yuan/ton, and the membrane T36F is 9900 yuan/ton. The manufacturer has normal inventory and average sales

Hunan Changsheng PP plant produces film material T38F. The manufacturer doesn't have much inventory, and the sales are average

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