The hottest spot PP market of China Plastics on Ju

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On June 5, China Plastics spot PP Market Overview

China Plastics price index rose 17.43 points to 1524.69 points, and China Plastics spot index rose 4.47 points to 1407.38 points

I. upstream express:

U.S. crude oil inventories continue to decline. However, the reason for the decline is that the operating rate of refineries increases, and the supply of refined oil is expected to increase. Crude oil futures in Europe and the United States fell below $122 a barrel on Wednesday; The closing price fell to its lowest level in nearly a month. At the close of Wednesday, the July futures of West Texas light oil on the New York Mercantile Exchange were $122.30 a barrel, down $2.01 from the previous trading day, with a trading range of 121 10 dollars; Another product on display at the booth of London intercontinental BASF is myto chair tepex, a material they are particularly proud of. Lunt crude oil futures in July were $122.10 a barrel, down $2.48 from the previous trading day, with a trading range of 121 90 dollars

II. Manufacturer dynamics:

Yanshan Petrochemical PP unit is converted to b4101; Dimer production pipe material ppr4220; Sanju stopped for maintenance at night on June 2, and it is preliminarily planned that the materials obtained after mixing with magnetic particles will be started today

Qilu Petrochemical PP produces T30S today. At present, in order to increase the output of refined oil, the operating rate of polypropylene is about 50%

Zhenhai Refining and Chemical Co., Ltd. produces PP drawing T30S, and plans to switch to film material around the 10th day. The ex factory price is stable today: the ex factory price of drawing T30S is 15750 yuan/ton, the film material is 15950 yuan/ton, and the fiber material Z30S is out of stock

quenching with processing waste heat

production dynamics of Maoming Petrochemical: PP unit is shut down, and there is not much inventory. Ethylene cracking is still under maintenance, and No. 1 ethylene cracking unit is expected to be restarted this afternoon; No.2 ethylene cracking unit strives to restart within a week. At present, the production department is intensively investigating any potential production hazards

III. local market conditions:

the PP market in China plastic city has a strong trend today, the quotation has maintained rising, and the hype atmosphere is warm. However, as the market quotation soared all the way, downstream enterprises were caught unprepared by the sharp rise in raw materials. Individual downstream manufacturers could not bear the pressure of costs, and they have gradually shut down, and most businesses closed their plates and waited

Linyi PP market is closed today. Zhongyuan Petrochemical stopped for maintenance, the supply of goods was scarce, and the market speculation enthusiasm was high. The offer around Zhongyuan was a little outrageous, which made Linyi merchants unable to make an offer, and most of them closed the offer and waited

the PP market in Nanjing rose today. The market supply is scarce, the hype atmosphere is warm, and most businesses are closed and wait-and-see. The market situation is: buyers come out to buy goods, and there are few sellers. Yangzi F401 is in short supply, and the quotation is about 17000 yuan/ton; The quotation of copolymer j340 is about 16500 yuan/ton, and that of K8003 is about 17000 yuan/ton

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