Brief introduction to the spot PP market of China

On April 24, China Plastics spot PP market brief

China Plastics price index fell 0.63 points to 1317.62 points; The China Plastics spot index rose 0.5 points to 1284.24

I. upstream express:

crude oil futures closed slightly higher on Wednesday, and the market is worried about the decline of refined oil inventories in the United States and overseas production problems. The settlement price of light and low sulfur crude oil delivered in June on the New York Mercantile Exchange (NYMEX) rose 23 cents, or 0.2%, to $118.30 a barrel. Brent crude oil futures rose 47 cents to $116.42 a barrel in June

II. Manufacturer dynamics:

compared with the current frequently used materials, Fujian United PP equipment purchases film material T36F. Today, the ex factory price rose by 100 yuan/ton. The ex factory price of the latest drawing T30S was 12600 yuan/ton, but there was no goods available. The ex factory price of film T36F was 12600 yuan/ton

drawing T30S is currently produced in PP plant of Yan'an refinery. Today, the ex factory price of drawing T30S increased by 150 yuan/ton, and the latest quotation was 12250 yuan/ton. The manufacturer's sales are normal

the ex factory price of Fushun Petrochemical PP rose today. The ex factory price of the latest drawing T30S was 12550 yuan/ton, the ex factory price of film material t38fe was 12600 yuan/ton, and the ex factory price of fiber material hy525 was 12700 yuan/ton. The manufacturer's sales are normal

Yanshan Petrochemical PP plant converts primary polymerization to B1101, secondary polymerization to 4220, and tertiary polymerization to k7726. Today, the ex factory price of some parts increased by 200 yuan/ton, the ex factory price of the latest wire drawing S1003 was 12500 yuan/ton, the ex factory price of injection molding K1008 was 12500 yuan/ton, the ex factory price of copolymerization k8303 was 13000 yuan/ton, the ex factory price of tube material b8101 was 13200 yuan/ton, the ex factory price of b4101 was 13200 yuan/ton, the ex factory price of 4220 was 13400 yuan/ton, the ex factory price of washing machine material k7726 was 13000 yuan/ton, and the ex factory price of medical injection material k4912 was 13000 yuan/ton, The ex factory price of infusion bottle b4808 is 13000 yuan/ton at present. The manufacturer's sales are normal

Dalian organic PP new installation produces wire drawing T30S, and 70000 ton old device produces T30S. Today, the ex factory price of wire drawing rose by 50 yuan/ton, the latest ex factory price of T30S was 12550 yuan/ton, and the ex factory price of membrane material T36F was 12650 yuan/ton. The manufacturer's sales are normal

III. local market conditions:

in the morning, the PP market continued to improve, and the quotation generally rose, with an increase of yuan/ton. Although high-level transactions in the current market are still relatively general, traders are optimistic, and most of them are generally optimistic about the future market. 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 12900 yuan/ton

the PP market in Guangzhou is stable in the morning, with few local resources, stable downstream demand, and fair market transactions. At present, the mainstream quotation of Maoming n-t30s is 12750 yuan/ton, that of Dalian and Hainan T30S is 12700 yuan/ton, and that of Lanhua T30S is 12700 yuan/ton. Note in terms of plastics, Hainan and Daqing v30g offer 12650 yuan/ton, Guangzhou s700 has few resources, and Maoming 160 offers 12700 yuan/ton. The supply of copolymers is small and the price is stable. The quotation of Guangzhou j641 is 13000 yuan/ton, and that of Maoming EPC30R-H is 13050 yuan/ton

middlemen in the PP market of Qilu Chemical City are reluctant to sell wire drawing materials, and some of them are closed. It is said that T30S has been reported to about 13000 yuan/ton in the market, with a strong atmosphere of speculation. There are few resources for copolymers, and it is rumored that Sinopec is ready to increase copolymers. The local EPS30R quotation is about 13450 yuan/ton, and SP179 is out of stock

Shunde PP has a stable atmosphere in the morning, with few business resources. At present, there is a general reluctance to sell, and the quotation has not changed yet. The quotation of n-t30s is 12050 yuan/ton, cjs700 is 12600 yuan/ton, mphm160 is 12050 yuan/ton, Z30S is 12000 yuan/ton, EPC30R-H is 12550 yuan/ton, EPS30R is 12550 yuan/ton, and j641 is 12450 yuan/ton. Downstream demand is also relatively general, high-level transactions are insufficient, businesses are cautiously optimistic about the future market, and the market trend is stable in the short term

the high price of PP market in Nanjing is strong, the first line of Yangtze stops, and the resource supply is tight. At present, there are many inquiries, and the merchants have a strong reluctance to sell; The mainstream quotation of local Yangzi F401 is about yuan/ton; There are few resources of copolymers, and the mainstream quotation of K8003 and j340 is about 13 yuan/ton. Finally, people in the industry said that it was about yuan/ton

the PP market in Shantou has a stable atmosphere today. Fulian T30S has no reliable supply of goods. At present, there are few local resources and the quotation is firm. Fulian T30S has a local quotation of 12250 yuan/ton without tickets, and Hainan and Dalian T30S have a quotation of 12200 yuan/ton without tickets. Note: there are not many plastic resources, and the quotation of Hainan v30g is 12200 yuan/ton

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