Brief introduction to the spot PP market of sinopl

As of 10:00 a.m. on August 11, 2009, China Plastics Co., Ltd. is likely to become a target country for capacity reduction. The plastic price index rose 0.94 points to 1022.81 points. The China Plastics spot index rose 0.99 points to 1048.43 points

I. upstream express:

WTI crude oil on the New York Mercantile Exchange fell $0.33/barrel to $70.6/barrel. Brent crude oil fell 0.09 USD/barrel to 73.5 USD/barrel

Europe propylene FD northwest Europe reported EUR/ton, unchanged from the previous trading day. The Far East propylene monomer market is closed due to Singapore's national day, so there is no quotation for the time being

II. Warehouse receipt dynamics:

at 10:30 today, the China Plastics PP warehouse receipt index closed at 1157.79 points, up 0.40 points. PP main warehouse receipt contracts opened low, fluctuated and consolidated, rose and fell, fluctuated greatly, and the trading volume decreased slightly compared with the same period of the previous trading day. The latest price of pp0909 is 10315 yuan/ton, down 22 yuan/ton, and the price range is yuan/ton

III. local market conditions:

the listing price of the main brand of China Plastics spot Mall () PP rose and fell. Among them, pp/f401/Panjin Ethylene was reported at 10300 yuan/ton, up 120 yuan/ton; PP/M1600/Korean Hyundai news 11050 yuan/ton, down 50 yuan/ton; Pp/j340/Yangzi Petrochemical reported 11100 yuan/ton, down 100 yuan/ton; Pp/s1003/Shanghai Secco reported 10350 yuan/ton, up 50 yuan/ton; Pp/t30s/Zhenhai Refining and chemical reported 10350 yuan/ton, up 50 yuan/ton

the PP market in Hangzhou is stable. Crude oil is generally used in research institutes, colleges and universities, metallurgical steel manufacturing, shipbuilding and other industries, and the mentality of businesses is not affected by this. The supply of low-cost goods in the market has decreased, and businesses continue to offer firm prices. There is little room for negotiation of transaction prices. The mainstream quotation of domestic T30S is 10300 yuan/ton, and the quotation of low melting copolymer EPS30R is slightly higher at 10900 yuan/ton. The downstream demand is mainly wait-and-see, and there are few transactions

the PP market in Nanjing has a light atmosphere, with some brands of polyolefin raw materials upside down, and the overall market trend tends to decline recently. Reference quotation: the quotation of Yangzi F401 is 10350 yuan/ton, that of Copoly j340 is 10900 yuan/ton, and that of K8003 is 10900 yuan/ton

the PP market in Linyi is low-end, and the low-end price has been inverted to the ex factory price of petrochemical, so the transaction atmosphere is general. Reference quotation: Qingdao T30S quotes 9450 yuan/ton, Zhongyuan T30S quotes 9550 yuan/ton, and the above prices do not include tax

the quotation of PP market in Xiamen has not changed much today. There were few transactions in the morning market, and the inquiry atmosphere was light. Some businesses sell goods at a profit, and the market continues to rise with obvious resistance. In terms of quotation: the market price of wire drawing is about yuan/ton, and that of 1102k is about 10200 yuan/ton

IV. manufacturer dynamics:

Maoming Petrochemical PP first-line unit is converted to EPC30R-H, and the second-line PP unit is converted to n-t30s. The manufacturer's inventory is normal, and the sales situation is general

Fushun Petrochemical PP produces hy525, and the price is stable today: drawing T30S is 10200 yuan/ton, RF075 is 10200 yuan/ton. The manufacturer has average inventory and normal sales

film material produced by Wuhan Fenghuang PP plant. Today's pricing is stable: drawing T30S is at 10000 yuan/ton, and membrane T36F is at 10050 yuan, making China not only the world's number one producer of wood plastic composite new materials/ton. The manufacturer has a little more inventory, which is normal

the ex warehouse price of PetroChina Huanan PP is stable today: drawing T30S is 10250 yuan/ton, Z30S is 10250 yuan/ton, v30g is 10250 yuan/ton, membrane material is out of stock, EPS30R is 10600 yuan/ton, and pipe material PA14D is 11800 yuan/ton. There is not much inventory in the region, and the sales are normal

we hope to find new materials to replace ABS before 2012 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