A brief introduction to the spot PP market of Chin

2022-09-23
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As of 10 a.m. on September 14, 2009, China's plastic price index fell 11.40 points to 962.75 points. The China Plastics spot index fell 0.06 points to 1021.33 points

I. upstream express:

WTI crude oil on the New York Mercantile Exchange fell $2.65/barrel to $69.29/barrel. Brent crude oil fell $2.17/barrel to $67.69/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, which was stable compared with the previous trading day

II. Warehouse receipt dynamics:

at 10:30 today, the China Plastics PP warehouse receipt index closed at 1056.68 points, down 23.43 points. PP main warehouse receipts opened slightly lower, fell rapidly after the opening, rose slightly after the low, and consolidated in a narrow range. The trading volume increased slightly compared with the previous trading day. The latest price of pp0911 is 9580 yuan/ton, down 199 yuan/ton, and the price range is yuan/ton

III. Foreign made products in various cities also have many missing market quotations:

the listing price of the main brand of China Plastics spot Mall () PP is slightly higher. On the one hand, the core key materials are highly dependent on foreign countries, and most of them are upward. Among them, pp/h030sg/India Xincheng reported 9600 yuan/ton, up 100 yuan/ton; Pp/t30s/Zhenhai Refining and chemical reported 9700 yuan/ton, down 30 yuan/ton; Pp/k8003/Shanghai Secco reported 10450 yuan/ton, up 50 yuan/ton; Pp/t30s/Lanzhou Petrochemical reported 9650 yuan/ton, up 150 yuan/ton; Pp/6535a/Formosa Plastics Ningbo reported 10600 yuan/ton. The structure is simply supported beam, up 200 yuan/ton; Pp/f401/Yangzi Petrochemical reported 10150 yuan/ton, down 100 yuan/ton

the current price of PP in Shanghai is generally stable. Crude oil fell sharply, and the market mentality was hit to a certain extent. There were few inquiries and fewer transactions in the morning. The supply of low-cost goods in the market decreased compared with last week, and the mentality tends to be stable, believing that there is little room for the market to decline in the later period

there was a strong wait-and-see atmosphere in the PP market in Beijing. The decline in crude oil hit the enthusiasm of demand, with less quotation in the morning and overall stability. The supply of goods in the market is acceptable, and the merchants with more goods continue to actively ship. The inquiry atmosphere in the morning market is general, and the transaction price is more than one. The inventory of merchants is OK, and the downstream demand is poor

the supply of PP market in Nanjing is general, the price declines slightly, and the merchants are actively shipping. They are worried about the aftermarket of a kind of aqueous amorphous or colloidal active silica. Reference quotation: the quotation of Yangzi copolymerization j340 is 9900 yuan/ton; The quotation of wire drawing F401 is 9700 yuan/ton

the PP market quotation in Tianjin is generally stable, and the supply of copolymer EPS30R is not much. There is a strong wait-and-see atmosphere in the market. There is not much quotation, and the transaction price is more than one. The overall market demand is still light and the transaction is deadlocked. The market supply of wire drawing is acceptable, and the downstream demand is mainly on the sidelines

IV. manufacturer dynamics:

Liaoyang Petrochemical PP plant produces 71735. Today's listing price: drawing 5004 at 9500 yuan/ton, fiber 71735 at 9500 yuan/ton; Fiber 70318 is 9500 yuan/ton, and coating material 70126 is 9500 yuan/ton. The manufacturer's inventory is normal, and the sales are OK

T30S produced by Fujian United PP old plant. A 400000 ton device will be built to produce 1080k wire drawing materials. The new device is divided into two production lines, with a capacity of 180000 tons and 220000 tons respectively

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

film material produced by Wuhan Fenghuang PP plant. Listed for sale today: drawing T30S is at 9400 yuan/ton, and membrane T36F is at 9450 yuan/ton. The manufacturer's inventory is basically normal, and the sales are average

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