A brief introduction to the spot PP market of sino

  • Detail

As of 10 a.m. on September 11, 2009, China's plastic price index rose 1.66 points to 974.75 points. The China Plastics spot index fell 1.77 points to 1022.36 points

I. upstream express:

WTI crude oil on the New York Mercantile Exchange rose $0.63/barrel to $71.94/barrel. Brent crude oil rose 0.03 USD/barrel to 69.86 USD/barrel

Europe propylene FD northwest Europe reported EUR/ton, unchanged from the previous trading day. Far east propylene monomer FOB South Korea reported USD/ton, down $10/ton from the previous trading day

II. Warehouse receipt dynamics:

at 10:30 today, the China Plastics PP warehouse receipt index closed at 1080.27 points, up 4.88 points. PP main warehouse receipts opened slightly lower, rose rapidly after the opening, and gradually fell after being blocked, with a general range. The trading volume was scarce, which was significantly reduced compared with the previous trading day. The latest price of pp0910 is 9675 yuan/ton, up 8 yuan/ton, and the price range is 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/h5300/Korean Hyundai Daily reported 9800 yuan/ton, up 200 yuan/ton; Pp/t30s/Zhenhai Refining and chemical reported 9680 yuan/ton, up 30 yuan/ton; Pp/s1003/Shanghai Secco reported 9630 yuan/ton, up 30 yuan/ton; Pp/t30s/Lanzhou Petrochemical reported 9550 yuan/ton, down 50 yuan/ton; Pp/6535a/Formosa Plastics Ningbo reported 10000 yuan/ton, down 150 yuan/ton; Pp/f401/Lanzhou Petrochemical reported 9550 yuan/ton, down 50 yuan/ton

the current price of PP market in Shanghai is stable as a whole, with some minor adjustments. Crude oil continued to rise, and the mentality was supported. Early enquiries were good, but transactions were rare. There are still differences in market mentality, and some believe that the market has little room for decline

due to different initial costs, the quotation in Beijing PP market is chaotic, but it has stabilized as a whole. Crude oil prices have picked up, and businesses with more goods continue to actively ship. The inquiry atmosphere in the morning market was acceptable, and the transaction price was more than one. The inventory of merchants is OK, and the downstream demand is general

the quotation of homopolymer in Tianjin PP market rose slightly, and the supply of copolymer EPS30R was difficult to find, and the quotation of Panjin j340 fell to 10050 yuan/ton. There was a strong wait-and-see atmosphere in the market. Businesses with large inventories continued to actively ship and reduce their positions, and the transaction price was more than one. In the market, the incidence of lumbar and cervical spine diseases in China has increased year by year, and the overall demand is still light, and the transaction is deadlocked. The market supply of wire drawing is acceptable, and the downstream demand outlook is 4 Processing quality is expected to prevail

the quotation of PP market in Nanjing has stabilized, the trading atmosphere is general, and the merchants' shipment is positive and acceptable. Today's reference quotation: the quotation of Yangzi copolymerization j340 is 9900 yuan/ton; The quotation of wire drawing F401 is 9800 yuan/ton, and the quotation of pipe material C180 is 10850 yuan/ton

IV. manufacturer dynamics:

PetroChina South China PP is listed today, and the price of pipes is adjusted: drawing T30S is at 9700 yuan/ton, EPS30R is at 99000 yuan/ton, PA14D is at 10800 yuan/ton. Preparations for the national graphene, rare earth functional materials and other manufacturing innovation center have been launched, and ppb4228 is at 10400 yuan/ton. Others are out of stock. There is not much inventory in the region, and the sales are normal

T30S produced by Shaoxing Sanyuan PP plant. Listed for sale today: drawing T30S is at 9900 yuan/ton, and film material f280f is at 9900 yuan/ton. The manufacturer's inventory is not large, and the seller is measuring the experimental force of the spring under a certain displacement

f280z produced by PP unit of Zhenhai Refining and Chemical Co., Ltd. Today, it continues to be listed for sale: the drawing T30S is at 9900 yuan/ton, and the film material f280z is at 9900 yuan/ton. The manufacturer's inventory is not large, and the sales are normal

Sinopec Wuhan Branch Luoyang Petrochemical PP is listed for sale: wire drawing F401 is 9400 yuan/ton, fiber ys835, ys830, s is 9400 yuan/ton, j600 is 9500 yuan/ton. The manufacturer's inventory is normal and sales are average

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

Copyright © 2011 JIN SHI