Brief introduction to spot PP market of sinoplasti

  • Detail

As of 10:00 a.m. on November 10, 2009, China's plastic price index was 972.63 points, up 3.98 points. The China Plastics spot index rose 0.53 points to 1023.11

I. upstream express:

on Monday (November 9), the settlement price of West Texas light oil futures in December on the New York commodity futures exchange was $79.43 per barrel, up $2.00 from the previous trading day, with a trading range of 77 19 dollars; The settlement price of December Brent crude oil futures on the London Intercontinental Exchange was $77.77 a barrel, up $1.90 from the previous trading day, with a trading range of 76 $52

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 18.5 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 1071.74 points, up 6.68 points. The opening price of PP main warehouse orders rose rapidly to 1073 points, and after a short period of consolidation, it fell to 1071 points, and the market became stable. The latest price of pp0912 is 9650 yuan/ton, up 39 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/j340/Yangzi Petrochemical reported 10400 yuan/ton, up 20 yuan/ton; Pp/6535a/Formosa Plastics USA reported 10900 yuan/ton, up 200 yuan/ton; Pp/j560s/Hunan Petrochemical reported 11500 yuan/ton, up 500 yuan/ton; Pp/j570s/South Korea Hunan reported 11100 yuan/ton, up 100 yuan/ton; Pp/t30s/Zhenhai Refining & Chemical reported 9700 yuan/ton, up 20 yuan/ton

there were not many inquiries in the PP market around Dalian in the morning, and the market sentiment was poor. The demand continues to be weak, the mentality of businesses is frustrated, and some businesses are confused about the future trend. At present, the overall supply of goods in the market is small, and the transaction is weak

the overall situation of the PP market in Hangzhou tends to be stable, the supply of copolymers is in short supply, the supply of wire drawing is OK, and the market demand atmosphere is light. The merchants are not confident in the future market of PP, and the positive shipment makes them synthesize a unique structure, with a stalemate in the overall trading atmosphere and a strong wait-and-see mentality in the downstream

the quotation in Guangzhou PP market is stable, but the polishing rate is low. Market participants lack confidence in the future market, and the high-level transaction is poor. The overall supply of goods in the market is acceptable, the morning inquiry atmosphere is general, and the demand of downstream factories is mainly on the sidelines

the supply of PP market in Nanjing is general, and there are not many transactions. The crude oil stopped falling and rebounded, and the upstream monomer rose with it. The market mentality was supported to a certain extent. At present, the merchants are actively shipping, the downstream lacks cooperation, and the transaction is slightly light

the PP market in Yuyao maintains a stable situation. The original price listing of Sinopec homopolymer has little impact on the market rather than rapid accumulation and discharge, and there are few low-cost sources of goods. There were few enquiries in the morning and few transactions. There are not many market resources as a whole, especially the copolymerization resources

IV. manufacturer trends:

T30S is produced by Shaoxing Sanyuan PP plant. The pricing is stable today: the drawing T30S is 9700 yuan/ton, and the film material f280f is 9700 yuan/ton. The manufacturer doesn't have much inventory and sales are normal

PP unit of Zhenhai Refining and Chemical Co., Ltd. produces film materials. The pricing is stable today: the drawing T30S is 9700 yuan/ton, and the film material f280z is 9700 yuan/ton. The manufacturer doesn't have much inventory and sales are normal

PP unit of Zhongyuan Petrochemical produces T30S, and the listing policy is implemented today: T30S is 9750 yuan/ton, and the daily settlement price is 9500 yuan/ton. The manufacturer's granular material inventory is not large, and the sales are average

Jiujiang Petrochemical PP plant produces T36F today. Today's Pricing: 9700 yuan/ton for drawing T30S and 9700 yuan/ton for film material T36F. The manufacturer's inventory is average, and the sales situation is OK

Dushanzi is usually divided into direct test and 3-axis test Petrochemical PP old plant. The first line produces EPS30R and the second line produces T30S. The resources are uniformly allocated in the Northwest Company, and the inventory is general. Today, the sales situation is weak. The latest price of t30s/s1003 in Xinjiang is 9700 yuan/ton. EPS30R is priced at 10000 yuan/ton in the territory, and the pipe material dy-zk0640p is not available

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