Brief introduction to the spot PP market of sinopl

On May 11, 2009, China Plastics spot PP Market Overview

China Plastics price index rose 13.11 points to 958.99 points, and China Plastics spot index rose 1.00 points to 1012.07 points

I. upstream express:

WTI crude oil on the New York Mercantile Exchange rose $1.92/barrel to $58.63/barrel. Brent crude oil rose $1.67/barrel to $58.14/barrel

Europe propylene FD northwest Europe reported EUR/ton, up 70 yuan/ton from the previous trading day. Far east propylene monomer FOB South Korea reported US dollars/ton, down 22.5 US dollars from the previous trading day/-------- professor zhongwenren/Secretary General of Zhongyuan University/ton

II. Manufacturer's news:

Wuhan Fenghuang PP plant produces T36F. The manufacturer originally planned to stop for maintenance on the 10th of this month, but the shutdown plan was postponed. The maintenance time is tentatively scheduled to be 1 month

Hunan Changsheng PP plant stopped for maintenance on May 10, and the maintenance time may be days

Guangzhou Petrochemical PP is listed for sale, and the 100000 ton PP plant of Guangzhou Petrochemical produces j641; The 60000 ton unit will be shut down for maintenance for about half a month

the PP unit of Yan'an refinery produces T30S, and the manufacturer's inventory is small. Today's bidding base price is 9150 yuan/ton, and the sales situation is general

III. local market conditions:

the price of China Plastics spot Mall () PP has been adjusted significantly compared with the same period last Friday, with both rises and falls, with a range of yuan/ton. The quotation range of main brands is located in the percentage of height change after 3 hours under load and after the load is removed The recovery rate of 5 hours is 00 yuan/ton. The delivery areas are all over the country, mainly in Yuyao, and the rest include Hangzhou, Ningbo, Guangzhou, Shanghai, Shaoxing and other major cities. Among them, pp/Golmud powder//national standard/Golmud reported yuan/ton, pp/pph-xd-075/powder/genuine/Cangzhou refining and chemical reported 9350 yuan/ton, pp/t30s/other/national standard/Lanzhou Petrochemical reported yuan/ton, pp/f401/other/national standard/Lanzhou Petrochemical reported yuan/ton, pp/f401/wire drawing grade/genuine/Yangzi Petrochemical reported yuan/ton, pp/t30s/wire drawing grade/genuine/Shaoxing Sanyuan reported yuan/ton, pp/djt550/other/genuine/South Korea 11200 yuan/ton, Pp/j340/block copolymer injection molding grade/genuine/Korean Xiaoxing newspaper 12500 yuan/ton

the supply of PP market around the Central Plains is small, and the offer is higher. Stimulated by the rise of crude oil and futures last week, the market mentality has improved, and the quotation has risen, but the transaction is very difficult. The market is waiting for petrochemicals to introduce a price that will contribute significantly to net profit after sales. In terms of current price: Zhongyuan Petrochemical T30S tax included is about yuan/ton, for reference only

the PP market of Qilu Chemical City has a normal supply of goods, few quotations, and a strong wait-and-see atmosphere in the market. Today, the quotation of T30S is 9600 yuan/ton, Daqing EPS30R is 11100 yuan/ton, and Qilu EPS30R is 11700 yuan/ton. The transaction is light, and the downstream surface Rockwell hardness is 0.001mm, and the demand is still low

the current price of PP market in Xi'an has improved slightly. There is not much supply in the market, and the quotation has increased compared with last week, but the downstream demand is poor, and the transaction atmosphere is gloomy. Today, the price of T30S in Yan'an is about 9400 yuan/ton, and that of EPS30R in Dushanzi is about 11800 yuan/ton

the PP market quotation in Nanjing was slightly higher, and all parties had accumulated strength to cope with the market rise. The bottom speculation mentality was eager to try, and the overall transaction was average. Latest offer: Yangzi F401 is quoted at 9700 yuan/ton, copoly K8003 is quoted at 11450 yuan/ton, and j340 is quoted at 11400 yuan/ton. (provided by China Plastics information)

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