A brief introduction to the spot PP market of sino

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On July 7, 2009, a brief introduction to the spot PP market of China Plastics Co., Ltd.

China Plastics price index was reported at 986.17 points, up 6.23 points. The China Plastics spot index rose 3.22 points to 1013.35 points

I. upstream express:

WTI crude oil on the New York Mercantile Exchange fell $2.68/barrel to $64.05/barrel. Brent crude oil fell $1.56/barrel to $64.05/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, up 12.5 euros/ton from the previous trading day

II. Warehouse receipt dynamics:

at 10:30 today, the China Plastics PP warehouse receipt index closed at 1115.65 points, up 9.18 points. PP main warehouse receipt contracts declined slightly in the high opening, showing a narrow range of consolidation trend, with large fluctuations, and the trading volume increased compared with the same period of the previous trading day. The latest price of pp0908 is 9970 yuan/ton, up 111 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 is mainly stable compared with the previous trading day, and a few brands have been adjusted. Among them, pp/f401/Panjin Ethylene was reported at 10200 yuan/ton, down 300 yuan/ton; Pp/45/Shijiazhuang Xinji reported 9250 yuan/ton, down 50 yuan/ton; Pp/k4912/Shanghai Secco reported 10580 yuan/ton, an increase of 3 can make the solar car lighter and faster, 0 yuan/ton; Pp/hd375/dow reported 9700 yuan/ton, down 20 yuan/ton; Pp/t30s/Shaoxing Sanyuan reported 10500 yuan/ton, up 100 yuan/ton

the current price of PP market in Yuyao is mainly stable. The price in East China is higher than that in other regions, and the market price in Yuyao is higher than that in other markets in East China. Therefore, after the sharp decline of crude oil, Yuyao is tending to be stable today, mainly finishing. The trading atmosphere in the morning was general, and confusion grew out of optimism, and they were worried about the trend of crude oil

the PP market around the Central Plains rose. The rise in the price of petrochemical lianfan has significantly promoted the market. Today, businesses have raised their offers, and the price is slightly chaotic. Zhongyuan Petrochemical T30S is about yuan/ton excluding tax, and the price including tax ranges from yuan/ton, which is for reference only

the industrial development started early. Shunde PP market continued to be driven by the bullish atmosphere, with the quotation slightly higher yuan/ton, and the trading atmosphere was general. The market quotation continues to be strong, the high transaction is difficult, the wait-and-see atmosphere is strong, and the intention to pursue the rise is not strong. Downstream factories have light inquiries and few transactions

the PP market in Hangzhou is on the rise. Driven by the scarcity of resources and the rise of petrochemicals, merchants' quotations continue to rise. The market mentality is cautious and bullish. Most high-level goods are sold to downstream enterprises, and businesses are not interested in high-price goods. The mainstream quotation of domestic T30S is yuan/ton, and the mainstream quotation of low-melt copolymerization is yuan/ton. The downstream demand is general

IV. manufacturer dynamics:

Sinopec Sales Wuhan Branch Luoyang Petrochemical PP plant produces fibers. Today's listing price rose by 300 yuan: wire drawing F401 was at 9900 yuan/ton, fibers ys835, ys830 and s were at 9900 yuan/ton, membrane material jf300 was at 9950 yuan/ton, and j600 was at 9900 yuan/ton. The manufacturer's inventory is normal

film material produced by Wuhan Fenghuang PP plant. Today's listing price rose by 300 yuan: wire drawing T30S was at 9900 yuan/ton, and film material T36F was at 9950 yuan/ton. The manufacturer has a little more inventory. Positive 1. LCP is a high molecular material with high strength, high modulus, creep resistance and high impact resistance, which is often common

T30S produced by PP unit of Zhongyuan Petrochemical. The listing price was raised by 300 yuan today: T30S is 9900 yuan, and high-precision drives and fine guide rails constitute a high-performance host/ton. The manufacturer's granular material inventory is not large, and the sales are average

Jingmen Petrochemical PP plant produces film materials. Today's listing price rose by 300 yuan: wire drawing T30S was at 9900 yuan/ton, and film material T36F was at 9950 yuan/ton. The manufacturer's inventory is normal and sales are average

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