Brief introduction to the spot PP market of sinopl

On July 25, China Plastics spot PP market brief

China Plastics price index rose 3.51 points to 1408.11 points, and China Plastics spot index fell 2.41 points to 1385.19 points

I. upstream express:

international oil prices continued to fall during Asian trading on Thursday, with the advantages of efficiency, energy conservation and high cost performance. Crude oil futures in New York fell below $124 in the intraday trading. However, affected by technical buying in the afternoon, international oil prices closed moderately higher. At Thursday's close, West Texas light oil September futures on the New York Mercantile Exchange were 125. 5% a barrel Jointly create a "special area for docking high-quality products at the source of plastic daily necessities" of $49, up $1.05 from the previous trading day, with a trading range of 123 US $44; In addition, the pressure on each cavity of the multi cavity mold should be designed evenly. September futures of Brent crude oil on the Intercontinental Exchange in London were $126.44 a barrel, up $1.15 from the previous trading day, with a trading range of 124 25 dollars

II. Manufacturer dynamics:

Yanshan Petrochemical PP plant a poly production b4101; Mr. erjuyou said that the production pipe material ppr4220; Trimer k7726

Qilu Petrochemical PP plans to switch to T36F today, and the price is stable today: the price of T30S is 14550 yuan/ton. EPS30R is 14650 yuan/ton, copolymer eps30ra is 14650 yuan/ton, automotive special material SP179 is 14750 yuan/ton, qp83n and qp73n are 14650 yuan/ton

Maoming Petrochemical PP produces EPC30R-H from first-line polypropylene and f280m from second-line polypropylene. Too much inventory

T30S will be put into production today after 10 days of maintenance of PP unit in Yan'an refinery. The ex factory price was stable at 14600 yuan/ton. The inventory is small, and the sales situation is average

III. local market conditions:

the PP market in China plastic city has not improved significantly. The market is generally stable, and some parts continue to decline, with a decline of about yuan/ton. In terms of trading: the downstream reaction continued to be cold, and the enthusiasm for receiving goods did not improve; Traders are pessimistic and cautious. 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 14300 yuan/ton

the current price of PP market in Tianjin is deadlocked, and most quotations are flat or shallow upside down. The supply of goods from merchants is small, the petrochemical inventory is acceptable, and the demand is still light. Reference quotation today: the quotation of Daqing T30S is about 14550 yuan/ton; The quotation of TIANLIAN T30S is RMB/ton; The copolymerization quotation is yuan/ton. There are few transactions

the low-level consolidation of Nanjing PP market. There are too many resources in the market and the downstream demand is weak. Most of them hold a wait-and-see attitude and are cautious in purchasing. Traders' mentality is chaotic and it is difficult to take goods. The latest quotation in the market: the quotation of wire drawing F401 is about 14300 yuan/ton, and the quotation of copolymerization j340 and K8003 is about 14600 yuan/ton

the downstream demand of Linyi PP market continues to be weak, and the transaction situation is still bleak. Sinopec's wire drawing materials have been shipped upside down, and PetroChina's (15.11, -0.29, -1.88%, right) is generally slightly better in flat output. The latest market offer: Qingdao refining T30S quoted at 14100 yuan/ton (tax included), while PetroChina T30S quoted at 14450 yuan/ton (tax included)

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