Brief introduction to the spot PP market of China

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On August 5, the China Plastics price index fell 11.79 points to 1329.63 points, and the China Plastics spot index fell 5.59 points to 1351.91 points

I. upstream express:

although tropical storm Edward may affect oil and gas production in the Gulf of Mexico, OPEC's oil production continued to grow in July, and the rise of the U.S. commodity consumption index was greater than expected, triggering concerns about oil demand. At the same time, the U.S. presidential candidate supported increased oil exploration and called for the release of emergency stocks. The price of crude oil futures in Europe and the United States fell to the lowest level in three months on Monday. At the close of Monday, West Texas light oil September futures on the New York Mercantile Exchange were 121.41 per barrel to avoid loosening; USD, down $3.69 from the previous trading day, with a trading range of 119 35 dollars; The September futures of Brent crude oil on the London Intercontinental Exchange were $120.68 a barrel, down 3.50 from the previous trading day. Due to the rise in oil prices, the prices of PE and PP based on oil rose, while the price of PVC was stable, giving a development opportunity for plastic wood composites based on PVC. The trading range was 118 Three dollars

II. Manufacturer dynamics:

Yanshan Petrochemical PP plant produces K1008; Dimer production pipe material ppr4220; Trimer k7726

the PP unit of Jinan refinery is converted to film material. The listing price is stable today: the drawing material T30S is 14350 yuan/ton; Fiber material Z30S is at 14400 yuan/ton, membrane material T36F is at 14400 yuan/ton, and W28 is at 14450 yuan/ton

Qilu Petrochemical PP produced EPS30R today. Today, the price of PP is stable and listed for sale: T30S price is 14350 yuan/ton. EPS30R is 14650 yuan/ton, copolymer eps30ra is 14650 yuan/ton, automotive special material SP179 is 14650 yuan/ton, qp83n and qp73n are 14650 yuan/ton

Maoming Petrochemical PP first-line polypropylene produces hhp6 and second-line polypropylene produces f280m. Too much inventory

III. local market conditions:

the market situation of PP in China plastic city is poor, and the quotation continues to decline, and some of them have a large decline. At present, traders have an obvious wait-and-see mentality and basically have no willingness to receive goods. Selling inventory is the current first choice. 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 12800 yuan/ton

the quotation of Shunde PP market declined slightly in some cases, and the depressed market made merchants basically unwilling to operate, and there was no sign of improvement in demand. The overall inventory is large, and downstream and traders continue to wait and see the market

Linyi PP market has a small supply, PetroChina and "Let's play plays with the future and Sinopec's inventory pressure is high, downstream demand is low, middlemen operation enthusiasm is low, and the wait-and-see atmosphere is strong. The latest market offer: the quotation of PetroChina T30S including tax is 13450 yuan/ton.

the PP market in Nanjing is low-priced, and the offer is subject to the market. Traders are mainly shipping, the demand is still light, and the transaction is chaotic. The latest market offer: the quotation of wire drawing F401 is at yuan/ton, and the quotation of copolymerization j340 and K8003 is 13750 yuan/ton.

the price of PP market in Tianjin fell today, and the market situation continued to decline. Traders shipped actively, with different mentality and disordered quotation. Today, the inquiry atmosphere improved, downstream demand was light, and the transaction was general. Reference quotation today: the quotation of Daqing T30S is 13700 yuan/ton; The quotation of TIANLIAN T30S is 13700 yuan/ton; The copolymerization quotation is 14050 yuan/ton

note: the reprinted contents are indicated with the source. The reprint is for the purpose of transmitting more information about the control of the impulse resistant start/stop control circuit, and does not mean to agree with its views or confirm the authenticity of its contents

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