Brief introduction to spot ABS market of sinoplast

2022-07-25
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As of 10:00 a.m. on October 28, 2009, China's plastics price index was 973.1 points, up 3.16 points. The China Plastics spot index rose 0. 5% to 1024.64 The other one is fixed at 23 points on the prefix 10

I. upstream express:

on Tuesday (October 27), the settlement price of West Texas light oil futures in December on the New York commodity futures exchange was $79.55 per barrel, up $0.87 from the previous trading day, with a trading range of 77 $89; The settlement price of December Brent crude oil futures on the London Intercontinental Exchange was $77.92 per barrel, up $0.66 from the previous trading day, with a trading range of 76 17 dollars

Asia styrene FOB Korea closed 976 5 USD/ton, down 5.5 USD/ton compared with the previous trading day; CFR China closed at USD/T, flat compared with the previous trading day. Us styrene market closed 46 35 cents/pound, flat compared with the previous trading day. European styrene FOB RadM closed 1003 5 USD/ton, down 5.5 USD/ton compared with the previous trading day

II. Manufacturer dynamics:

the public quotation of Zhenjiang Qimei ABS is stable. RMB 12700/ton for brand 707k and RMB 12900/ton for brand 757K. Recent sales are OK, not much inventory. ABS unit load%

the public quotation of Zhenjiang Guoheng ABS is stable. The reference ex factory price of D180 is 12900 yuan/ton, and the reference ex factory price of D190 is 12800 yuan/ton. The recent sales are normal, and the inventory is OK. If the engine cover of the device is made of aluminum alloy, the lightweight load is about 80%

the public offer of Ningbo Taihua ABS is stable. 15a1 refers to the ex factory quotation of 1310. The scope of use of such equipment is very wide. 0 yuan/ton, 12a1 refers to the ex factory quotation of 13100 yuan/ton, and 15e1 refers to the ex factory quotation of 12900 yuan/ton. The actual shipment is slightly preferential. The recent sales are normal, the inventory is not large, and the operating rate of the device is 80%

the public quotation of Ningbo LG Yongxing ABS is stable, 121h refers to the ex factory quotation of 12900 yuan/ton, and the actual transaction discount margin is reduced. Recently, the sales are normal, the inventory is low, and the device is close to full load. In addition to the above situation, the common sheet metal damage is also in the process of transportation

III. local market conditions:

the quotation of China Plastics spot Mall () ABS. Some brands have been adjusted, with an increase of between yuan/ton, of which abs/750a/Daqing Petrochemical reported 12700 yuan/ton, an increase of 100 yuan/ton; Abs/gp-22/South Korea BASF reported 13200 yuan/ton, up 550 yuan/ton; Abs/tr-557/lg chemical reported 19000 yuan/ton, up 200 yuan/ton; Abs/pa-757/Taiwan Qimei reported 12830 yuan/ton, down 60 yuan/ton; Abs/pa-727/Taiwan Qimei reported 13800 yuan/ton, up 250 yuan/ton

the ABS market offer in Ningbo was generally stable, with a small decrease in a few brands. High transaction pressure appears, the recent trading volume has declined, and the mentality of the industry is quite contradictory. The supply of goods in the market is sufficient. Poor end user demand

most offers in Dongguan ABS market were stable. The recent transaction is light, the atmosphere is not good, and the mentality of the operators is weak. The overall inventory is normal, and the demand of downstream factories is weak

the market offer of Shunde ABS did not change much, and a few fell slightly by yuan/ton. Recently, there are few enquiries and few transactions. The overall supply of goods is normal, and the terminal demand is poor

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