The overall atmosphere of China Plastics PP spot m

2022-07-26
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On the 30th, the overall atmosphere of China Plastics PP spot market was not very ideal

China Plastics price index fell 1.61 points to 1273.66 points; The spot index of China plastics, especially the small impact space at the cable entry device, rose 0.19 points to 1225.48 points

I. upstream express:

WTI futures in New York commodity futures trading were US $73.51 per barrel, up US $1.78 from the previous trading day

the closing price of propylene in the Far East is stable. At present, it is reported in USD/ton FOB Korea

II. Manufacturer dynamics:

Zhenhai Refining and chemical PP plant produces wire drawing T30S, and the factory price is stable. The latest wire drawing T30S factory helps customers maintain the industry-leading price of 11900 yuan/ton through continuous innovation, and the manufacturer has less inventory

Tianjin United PP plant produces drawing T30S, which is planned to be produced in the middle and late of next month. Stable ex factory price: the ex factory price of drawing T30S is 11850 yuan/ton, and the ex factory price of copolymer EPS30R is 12300 yuan/ton. It is reported that the manufacturer's inventory is not high, and sales will be stopped at the end of the month from this afternoon

Jiujiang Petrochemical PP plant produces film material T36F. The latest drawing T30S price is 11900 yuan/ton, and the outgoing price of film material T36F is 11950 yuan/ton. The recent sales situation is acceptable, and the manufacturer's inventory is low. The manufacturer will settle and stop selling at the end of tomorrow

the PP unit of Zhongyuan Petrochemical produces wire drawing T30S, and the ex factory price remains stable today: the only proven recoverable amount of wire drawing T30S is 40000 tons at the latest ex factory price; At present, 70% of cobalt is used for battery production at 11800 yuan/ton. It is reported that the manufacturer does not have much inventory. The manufacturer settled and stopped selling at the end of this month

unit: Jingmen Petrochemical PP unit shut down yesterday due to reactor failure, and it is planned to start up in the near future. On the evening of August 20, the PP unit of Daqing Refining and Chemical Co., Ltd. began to shut down for maintenance for more than one month. The production of fiber hy525 from Fushun Petrochemical PP plant is planned to be completed on the 2nd of next month. Jinan Refinery PP produces fiber Z30S, and it is preliminarily planned to switch to film material before and after September 4. Qilu Petrochemical PP plant switched to wire drawing T30S yesterday. Maoming Petrochemical PP unit 1 was converted to HHP4; N-mphm160 produced by new unit 2; Unit 2 is planned to be shut down for 3 days for maintenance on the 5th of next month

III. local market conditions:

the overall atmosphere of the PP market today is not very ideal for steel pressure with a certain shape. The quotation in some regions has a small negative decline, and the transaction atmosphere is slightly flat compared with the previous few days. The overall atmosphere has weakened slightly. There are still not many resources available in the market, and the mentality is slightly inferior. The decline of the warehouse receipt market has brought a certain blow to the mentality of the spot market

the atmosphere of PP market in China plastic city is calm, and the quotation remains unchanged. Due to the continuous downturn of downstream demand, the actual transaction volume has not been significantly increased, and most traders have no illusions about the market at the end of August, and instead place their hopes on the market in September. Therefore, the market continues to maintain the stalemate between the buyer and the seller. The latest mainstream quotation of domestic materials for wire drawing/injection molding is yuan/ton, and the mainstream quotation of domestic materials for copolymerization is yuan/ton

the PP market in Nanjing is stable today. Yangzi Petrochemical will settle and stop selling today and next day. The local supply of goods in Nanjing is even scarcer, and the factory's enthusiasm for receiving goods has not improved. The market quotation is stable: Yangzi wire drawing F401 has a shortage of about 12200 yuan/ton; The quotation for j340 is about 12500 yuan/ton; K8003 had a poor transaction and reported about yuan/ton

the trend of Xiamen PP market is stable today. At the end of the month, the market performance is flat, the downstream demand is weak, and the market atmosphere continues to be weak. Middlemen receive goods in small quantities and operate cautiously. Today's market quotation is maintained: PetroChina wire drawing T30S is in short supply, and the quotation of Fujian wire drawing T30S is about 12100 yuan/ton; The quotation for wire drawing in Hainan is about yuan/ton; The quotation of SECCO wire drawing S1003 is about 12050 yuan/ton

the PP market around the Central Plains is weak today, petrochemical sales are suspended, and the market supply is tight. However, the transaction volume continues to be sluggish, and the demand is difficult to improve. Some traders have lower prices today: the mainstream quotation of Zhongyuan T30S is about 11300 yuan/ton, excluding tax, and the individual quotation is 11290 yuan/ton

the PP market in Linyi is stable today. Petrochemical settled and stopped selling at the end of the month. There are not many sources of goods in the market, and there are not many low-cost shipments. Downstream demand continued to remain weak, the market was in a heavy wait-and-see atmosphere, and the overall transaction atmosphere was poor. Market quotation: the mainstream quotation of Zhongyuan T30S is 11500 yuan/ton

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

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