Brief introduction to spot PP market of sinoplasti

  • Detail

As of 10:00 a.m. on October 21, 2009, China Plastics price index was at 956.51 points, down 1.84 points. The China Plastics spot index rose 0.58 points to 1010.92 points

I. upstream express:

on Tuesday (October 20), the settlement price of West Texas light oil futures in November on the New York commodity futures exchange was $79.09 a barrel, down $0.52 from the previous trading day, with a trading range of 78 US $05; The settlement price of December Brent crude oil futures on the London Intercontinental Exchange was $77.24 a barrel, down $0.53 from the previous trading day, with a trading range of 76 18 dollars

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 10 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 1053.15 points, down 4.02 points. PP main warehouse receipts fell slightly to 1055 at the opening, and the index rebounded to 1057. After a small consolidation, it fell all the way to 1052, and then the index stabilized slightly. The latest price of pp0912 is 9600 yuan/ton, down 15 yuan/ton, and the price range is yuan/ton

III. local market conditions:

the listing prices of some brands of China Plastics spot Mall () PP have been adjusted, mainly rising. Pp/6535a/Formosa Plastics USA reported 10600 yuan/ton, up 100 yuan/ton; Pp/t30s/Shaoxing Sanyuan reported 10200 yuan/ton, up 400 yuan/ton; PP can be placed on a flat cement ground/j560s/Hunan Petrochemical reported 10900 yuan/ton, up 100 yuan/ton; Pp/f401/Yangzi Petrochemical/reported 10100 yuan/ton, up 100 yuan/ton; Pp/t30s/Zhenhai Refining & Chemical reported 975, an increase of more than 53% over 2018 by 0 yuan/ton, down 50 yuan/ton

the PP market in Shanghai is slightly weak today. The strong rise of crude oil ended and the market began to show instability. The demand is poor, and early morning enquiries are scarce. Drawing resources in the market have increased, and the supply of copolymerization goods is still small

the PP market in Yuyao is mainly stable today, and the high melting price has declined slightly. The market is mainly stable under the dual effects of the slight decline of crude oil and the rise of petrochemical prices. There are still few market resources and obvious differences in mentality

the PP market quotation in Shunde rose slightly, the high level of crude oil was strong, and market participants' worries about the future market were weakened. The morning trading atmosphere is general, the high-level transaction is poor, and the business operation is still cautious. The overall supply of goods in the market is acceptable, and there is not much downstream demand

another component of this method is to make full use of our extensive understanding of the automobile market. There are few early quotations in the PP market around the Central Plains. There are not many market resources, and the quoting merchants are even rarer. It is reported that today, Zhongyuan T30S offers about 9100 yuan/ton excluding tax, and the price including tax is around 600 yuan/ton focusing on work stories, but the transaction price may be low

IV. manufacturer dynamics:

Jiujiang Petrochemical PP plant today produces T36F. Today's Pricing: 9500 yuan/ton for drawing T30S and 9500 yuan/ton for film T36F. The manufacturer's inventory is average, and the sales situation is OK

Dalian Xitai PP plant produces Z30S today. Batch price outside the province: the latest price for T30S is 9400 yuan/ton, and that for Z30S is 9450 yuan/ton. The manufacturer's inventory is not large, and the sales situation is OK

film material produced by Wuhan Fenghuang PP plant. The listing price is stable today: the drawing T30S is at 9650 yuan/ton, and the membrane T36F is at 9650 yuan/ton. The manufacturer's inventory is basically normal and sales are average

the new PP unit of Lanzhou Petrochemical Company produces T30S and the old unit produces F401. Provincial pricing: T30S is 9500 yuan/ton, wire drawing F401 is 9500 yuan/ton, the inventory is general, and today's sales are OK

the PP unit of Zhongyuan Petrochemical produces T30S, and the listing price is stable today, with T30S at 9650 yuan/ton. The manufacturer's granular material inventory is not large, and the sales are average

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

Copyright © 2011 JIN SHI