The hottest spot PP market of China Plastics on Ma

2022-08-16
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On March 14, China Plastics spot PP market brief

China Plastics price index fell 0.57 points to 1293.9 points; The China Plastics spot index rose 0.51 points to 1261.57

I. upstream express:

the settlement price of crude oil futures rose slightly on Thursday, as the impact of the weak dollar on investors exceeded the impact of the increase in U.S. crude oil inventories. The settlement price of April light sweet crude oil futures on the New York Mercantile Exchange rose 41 cents, or 0.4%, to $110.33 a barrel. Crude oil futures in April hit $111 a barrel, hitting a record high for the seventh consecutive day, but failed to hold most of the gains. The settlement price of Brent crude oil futures contract on ICE Futures Exchange rose $1.27 to $107.54 a barrel

II. Manufacturer dynamics:

Zhenhai Refining and chemical PP plant plans to produce f280-z today. The ex factory price is stable: the ex factory price of wire drawing T30S is 11750 yuan/ton, and the preparatory work before installation is tons. The film material f280-z Jinan new era Gold Testing Instrument Co., Ltd. friendship reminds you that operating according to our standards will make your work more smooth (basically directly supplied to the downstream) at 11850 yuan/ton, and the fiber material Z30S is out of stock

Jiujiang Petrochemical PP produces T36F. The device is basically restored to full load. The latest ex factory price of wire drawing T30S is 11750 yuan/ton, and the ex factory price of film material T36F is 11850 yuan/ton

Wuhan Fenghuang PP plant was shut down for maintenance yesterday, and it is planned to start in the near future. The ex factory price of drawing T30S is 11850 yuan/ton, and the film material T3 is firstly because the shrinkage rate of various plastics is not a fixed value, and the ex factory price of 6F is 11850 yuan/ton

the new unit of Lanzhou Petrochemical PP plant produces wire drawing T30S, and the old unit produces wire drawing F401. The ex factory price today is stable: the ex factory price in T30S province is 12000 yuan/ton, and the ex factory price in F401 province is 12000 yuan/ton

one line of Dushanzi Petrochemical PP plant produces drawing T30S and the other line produces copolymer EPS30R. Resources are allocated uniformly in Northwest Company. The ex factory price is stable today: the latest drawing T30S ex factory in the territory is 12000 yuan/ton, and the price of copolymerized EPS30R ex factory in the territory is 12600 yuan/ton. The tube material dy-zk0640p is basically out of stock, and the price is 12900 yuan/ton

Panjin Ethylene PP plant produces F401. Wire drawing F401 is 12000 yuan/ton; The ex factory price of p340 is 12600 yuan/ton, and that of copolyester j340 is 12400 yuan/ton

III. local market conditions:

PP market continued to improve as a whole this morning. The market is good: the overall supply is insufficient. Today, petrochemicals have raised prices and there are rumors that petrochemicals will start a new round of price increases next week. Therefore, traders continued to close the market for rise, and the wait-and-see atmosphere was strong

it is difficult to find goods in Xiamen PP market today, and the quotation is scarce. There is a shortage of goods in the market, and retail investors' enthusiasm for finding goods is high, but large investors have closed more orders, and there is basically no deal in the market in the morning

the current price of PP market in Shanghai is partially higher. There is not much supply in the market, coupled with the rise in the price of petrochemicals, this market continues to rise, and short-term optimism dominates. Market quotation: T300 is about 12600 yuan/ton; Copolymerization m2600r/m700r is about yuan/ton; F800e/push the piston away due to oil pressure. M800e is about 12900 yuan/ton

the price of PP market in Guangzhou rose slightly today. Recently, the whole country has been rising. The South China market has been rising all the way due to the price rise in other regions. The recent price adjustment by Sinopec has improved the mentality of traders

the current price of PP market around the Central Plains continues to rise. The petrochemical inventory is insufficient, and the traders are full of bullish mentality. They have closed their offers to rise, making it difficult for the market to find goods. The quotation in the morning is scarce, and it is estimated that T30S tax included should be reported at yuan/ton

the quotation of Tianjin PP market is strong today, and the traders' mentality is good. At present, the market shipping intention is acceptable, and the downstream demand is general. The quotation of Tianjin United T30S is 12250 yuan/ton. Traders are highly motivated to find goods. Copolymer EPS30R is hard to find

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