Brief introduction to spot ABS market of sinoplast

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As of 10:00 a.m. on September 7, 2009, China's plastics price index was at 972.38 points, down 1.54 points. The China Plastics spot index fell 0.98 points to 1031.42

I. upstream express:

last Friday, the settlement price of West Texas light oil futures in October on the New York Mercantile Exchange was $68.02 per barrel, up $0.06 from the previous trading day, with a trading range of 67 $78; The settlement price of October Brent crude oil futures on the London Intercontinental Exchange was $66.82 per barrel, down $0.30 from the previous trading day, with a trading range of 65 $67

last Friday, Asia styrene FOB Korea closed at USD/ton, down 2 USD/ton compared with the previous trading day; CFR China close 1059 US $5/ton, up US $3/ton from the previous trading day. The US styrene market closed up 1.2 cents/pound at 46 35 cents/pound. The European styrene market fell by USD 13.75/t to close at 1086 USD 5/ton FOB Rotterdam

II. Manufacturer dynamics:

ABS of CNPC Northeast branch continues to be listed for sale. The listing prices of 0215a and 750A are both 12800 yuan/ton. The recent sales are normal and the inventory is not large

Jilin Petrochemical ABS continues to be listed for sale, and the listing price of 0215a is 12800 yuan/ton. Recent sales are average and inventory level is not high. Most of the goods are shipped to CNPC. The maintenance of the device was started on May 25 and ended on June 5. At present, the production is normal

ABS of Sinopec Sales South China branch continued to carry out listing sales. The listing price of 275/275a was 11950 yuan/ton, that of 3513, 3504, 3613, 8434, 3513a and 3504a was 12450 yuan/ton, and that of 8391 and 3604 was 12550 yuan/ton. Recent sales are average and inventory is normal

PetroChina Huadong ABS continues to be listed for sale, with the listing price of 0215a at 12400 yuan/ton, 750A at 12350 yuan/ton, and 301 at 12500 yuan/ton. The recent sales are average and the inventory is not large

due to the failure of the granulation unit and the lack of butadiene raw materials, the software of Panjin Ethylene ABS unit automatically analyzed the experimental data and started to stop for maintenance on July 14. The start-up time has not been determined yet. Some operators said it might be in July. In the early stage, the 510 external quotation was 12750 yuan/ton, the contract price in East China was 350 yuan/ton lower, and the contract price in North China and Northeast China was 150 yuan/ton lower. There was basically no inventory

the listing price of CNPC South China ABS was reduced by 250 yuan/ton. The listing price of 0215a is up to 12600 yuan/ton, and that of 750A is up to 12550 yuan/ton. Recent sales are average, and the overall inventory is normal

III. local market conditions:

the listing of the main brands of China Plastics spot Mall () ABS has remained basically stable, a few brands have been adjusted, and most of them are downward. Abs/d-190/Zhenjiang Guoheng reported 12500 yuan/ton, down 800 yuan/ton; Abs/750a/Daqing Petrochemical reported 12600 yuan/ton, up 300 yuan/ton; Abs/pa-757k/Zhenjiang Qimei reported 12800 yuan/ton, down 50 yuan/ton; The abs/a fixture must be installed in the high and low temperature box g15a1/Ningbo Taihua reported 12700 yuan/ton, down 100 yuan/ton; Abs/750nsw/Korea Jinhu reported 12700 yuan/ton, up 250 yuan/ton

the offer of Dongguan ABS market fell by yuan/ton. The atmosphere in the floor was light, the traders' mentality was weak, and the end users' enthusiasm for purchasing goods was insufficient. There were not many transactions. Jilin Petrochemical reported 0215a yuan/ton, Taiwan Taihua 15a1 11900 yuan/ton, Zhenjiang Qimei 757K 12100 yuan/ton, Taiwan Qimei 757 yuan/ton, Ningbo Taihua 15e1 11680 yuan/ton (the above prices do not include tax)

some offers in Shunde ABS market fell by about 50 yuan/ton. Since the weekend, the transaction has been light, and the merchants are lack of confidence. Most of them focus on shipping. The overall supply is normal. The demand of downstream factories is weak. Ningbo Taihua 15a1 reported 12050 yuan/ton, Jilin Petrochemical 0215a reported 11850 yuan/ton, Zhenjiang Qimei 707k reported 12100 yuan/ton, Thailand 850 reported 11800 yuan/ton, and Changzhou Xinhu ac800 reported 11900 yuan/ton (the above molding feature prices do not include tax)

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