The hottest spot PP market of China Plastics on Ju

2022-10-04
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On July 17, the China Plastics price index fell 1.13 points to 1455.31 points, and the China Plastics spot index fell 3.82 points to 1411.93 points

I. upstream express:

U.S. government inventory data showed that crude oil and gasoline inventories increased unexpectedly last week, and distillate oil inventories increased more than expected. Gasoline demand fell off-season, and crude oil futures prices in Europe and the United States fell sharply on Wednesday for the second consecutive day. The original 787 (1) 0 aircraft in August received orders from nine customers around the world for a total of 149 aircraft. The settlement price of oil futures was $134.60 per barrel, down $4.14, or 2.98%, in the trading range 30 dollars. August Brent crude oil futures on the London Intercontinental Exchange closed at $136.19 a barrel, down $2.56, or 1.85%, in the trading range of 132 $26

II. Manufacturer dynamics:

Yanshan Petrochemical PP plant poly production t1701; Dimer production pipe material ppr4220; Trimer produces b8101

Maoming Petrochemical PP first-line polypropylene produces EPC30R-H, and second-line polypropylene produces n-t30s. Too much inventory

Qilu Petrochemical PP produces T36F, and the price is stable today: the price of T30S is 15000 yuan/ton. EPS30R is 15100 yuan/ton, copolymer eps30ra is 15100 yuan/ton, automotive special material SP179 is 15200 yuan/ton, qp83n and qp73n are 15100 yuan/ton

III. local market conditions:

the market atmosphere of PP in China plastic city is light, there are few transactions, most of the merchants' quotations are stable, and some continue to decline, ranging from yuan/ton. The latest mainstream quotation of domestic wire drawing/injection plastic is yuan/ton, the mainstream quotation of domestic copolymer is yuan/ton, the mainstream quotation of imported copolymer is yuan/ton, and the mainstream quotation of monofilament powder is 1480. The supply chain still needs to be improved by 0 yuan/ton

the PP market situation in Nanjing is acceptable. After Sinopec's sharp price reduction, the market search atmosphere has improved significantly, but the downstream operating rate is still insufficient and there are few transactions. Trade can be used for stretching all kinds of metal materials, steel cables, chains, lifting belts, etc., and it is widely used in metal products, building structures, ships, ordnance and other fields. It is easy for merchants to leave goods, and the mentality is general. The latest quotation in the market: the quotation of wire drawing F401 is about 15150 yuan/ton, and the quotation of copolymerization j340 and K8003 is about 15400 yuan/ton

the market atmosphere of Linyi PP is light. With sufficient resources, the market is in a declining market, with few inquiries and few transactions. The latest market offer: the quotation of Qingdao refining T30S is about 14900 yuan/ton (tax included), and the quotation of Dalian organic T30S is 14250 yuan/ton

the PP market of Qilu Chemical City declined as a whole, the enthusiasm of merchants for shipping was ok, the demand improved slightly, and the supply of Qilu T30S was small. Some reference quotations: Qingdao T30S is priced at 15000 yuan/ton, Daqing T30S has few sources of goods, copolymerization EPS30R is priced at 15200 yuan/ton, and SP179 is priced at 15200 yuan/ton. The transaction price will be negotiated with firm offer. The inventory is OK, and the downstream digestion of sources of goods is still slow

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