Brief introduction to spot PP market of sinoplasti

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As of 10 a.m. on September 8, 2009, the price index of China Plastics (10330, -55.00, -0.53%) fell by 3.09 points to 968.3 points. The China Plastics spot index rose 1.54 points to 1030.13

I. upstream express:

on Monday, the New York Mercantile Exchange was closed for U.S. labor day. Brent crude oil fell 0.29 USD/barrel to 66.53 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 at the global plastics summit held in Chicago, down 1 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 1059.40 points, down 7.58 points. PP main force followed by warehouse receipt closing and opening lower, with a narrow fluctuation range. The trading volume decreased compared with the previous trading day. The latest price of pp0910 was 9542 yuan/ton, down 68 yuan/ton, and the price range was yuan/ton

III. local market conditions:

the listing price of the main brand of China Plastics spot Mall () PP was slightly adjusted, with both ups and downs. Among them, pp/m1600/Korean Hyundai reported 11100 yuan/ton, down 400 yuan/ton; Pp/t30s/Zhenhai Refining & Chemical reported 9800 yuan/ton, up 100 yuan/ton; Pp/1040f/Formosa Plastics Ningbo reported 9900 yuan/ton, down 250 yuan/ton; Pp/t30s/Dalian Petrochemical reported 10200 yuan/ton, up 300 yuan/ton; Pp/m800e/Shanghai Petrochemical reported 10880 yuan/ton, down 20 yuan/ton; Pp/f401/Yangzi Petrochemical reported 10500 yuan/ton, up 400 yuan/ton

the PP market quotation in Yuyao was stable on the whole, with some negative declines. There are still low-cost suppliers in the market, and the intended receiving price for wire drawing is RMB yuan. However, it is reported that low-cost sources of goods are rare, and the mainstream quotation for wire drawing is still maintained at RMB yuan/ton

the PP market quotation of Qilu Chemical City is mainly stable, the morning inquiry atmosphere is light, and the market participants are waiting for the petrochemical settlement price. Most businesses take a wait-and-see attitude. The design of the main machine and auxiliary equipment of the active experimental machine has taken the advanced technology of Shimadzu, Japan, for example. The phenomenon of low-cost goods selling is not much for the time being. The market demand atmosphere is light, the transaction is deadlocked, the market transaction price is more than one, and the downstream demand is not much

the quotation of PP market in Beijing was chaotic, and the overall price declined slightly. Market participants waited for the settlement price issued by Sinopec, and there was a strong wait-and-see atmosphere. There are few quotations in the morning market, and the transaction price is more than one. The market mentality is still pessimistic, the inventory of merchants is acceptable, and the downstream demand is very small

the PP market in Nanjing is in a low mood. There are many wait-and-see news about Sinopec's settlement, and the shipment is average. Reference quotation: Yangzi copolymerization j340 quotation yuan/ton; F401 has few sources of goods, and the quotation is RMB/ton

IV. manufacturer dynamics:

Fushun Petrochemical PP plant produces hy525, which is on sale today: drawing T30S is at 9750 yuan/ton, RF075 is at 9750 yuan/ton. The manufacturer has average inventory and normal sales

the PP unit of Jinan Refinery stopped due to fault yesterday, and the start-up time is to be determined. Today, the listing will continue: the drawing T30S is at 9900 yuan/ton; Membrane material T36F is 10100 yuan/ton, fiber Z30S is 9900 yuan/ton, h30s is 9950 yuan/ton; Non woven fabric W28 is 9950 yuan/ton. The manufacturer has normal inventory and average sales

PP unit of Liaoyang Petrochemical produces 71735. Listed for sale today: drawing 5004 is 9750 yuan/ton, fiber 71735 is 9750 yuan/ton; Fiber 70318 is 9750 yuan/ton, and coating material 70126 is 9750 yuan/ton. The manufacturer's inventory is normal and sales are OK

the listing price of PetroChina Huadong PP is stable today: the drawing T30S is at 9900 yuan/ton; Membrane material is 10000 yuan/ton, v30g is 9900 yuan/ton, EPS30R is 10550 yuan/ton, and pipe PA14D is 11400 yuan/ton. There is a little more inventory in the region, and the sales are normal

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