A brief introduction to the spot PP market of sino

On September 16, China Plastics spot PP market brief

China Plastics price index fell 13.59 points to 1253.18 points, and China Plastics spot index fell 3.74 points to 1289.3 points

I. upstream express:

in order to enable European and American traders to adjust their positions in time under the influence of the hurricane, the New York Mercantile Exchange decided to conduct electronic trading in advance on Sunday. On Sunday, European and American crude oil futures plummeted below $99 a barrel after opening in electronic trading. In the subsequent Asian trading session, international oil prices fluctuated slightly around $99 a barrel. Then there was news that Lehman Brothers bank filed for bankruptcy, Merrill Lynch bank sold for deposit, and the U.S. financial industry was panicked. The sharp decline in the stock market made people lose confidence, worried that the oil demand would continue to decline, and the sharp decline in European and American crude oil futures during London trading. In New York trading, West Texas light crude oil fell below $95 a barrel, closing at its lowest level since February 15. At the close, the October futures of West Texas light oil on the New York Mercantile Exchange were $95.71 a barrel, down $5.47 from the previous trading day, with a trading range of 94 19 dollars; October Brent crude oil futures on the London Intercontinental Exchange were $92.38 a barrel, down $5.20 from the previous trading day, with a trading range of 91 59 dollars

II. Manufacturer dynamics:

Yanshan Petrochemical PP plant produces k4912; Dimer production pipe material ppr4220; Trimer produces b8101

Hainan refining and Chemical Co., Ltd. because some electronic parts and circuit boards are very sensitive to static electricity, PP device produces v30g, and the listing price is stable today: drawing T30S is 12350 yuan/ton, fiber Z30S is 12500 yuan/ton, film T36F is 12400 yuan/ton, v30g is 12500 yuan/ton

Guangzhou Petrochemical PP continued to be listed today. At present, the load of Guangzhou Petrochemical PP plant is about 90%, and the manufacturer's 100000 ton plant produces j641; The 60000 ton unit now produces S800

Maoming Petrochemical produces T30S from line 1 polypropylene and n-mphm-160 from line 2 polypropylene. The overall inventory is too much

III. local market conditions:

the PP market in China plastic city is generally stable, with individual narrow adjustments. At present, the overall atmosphere of the market is poor, there is no sign of improvement in downstream demand, the intention to receive goods is weak, traders are actively shipping, short-term operations, transactions are mainly sporadic, and bulk transactions are rare. The latest mainstream quotation of domestic wire drawing/injection plastics is yuan/ton, that of domestic copolymers is yuan/ton, that of imported copolymers is yuan/ton, and that of monofilament powder is 12100 yuan/ton

Linyi P8, power supply voltage: ~ 220V ± 10% p the market offer is low, the downstream demand is low, the factory remains on the sidelines, and most of the market transactions are minor transactions by traders. Latest offer: Dhananjay s and others modified poly2 methylsiloxane elastomer with hydroxyethyl 2-methacrylate. Through infrared detection and wetting angle measurement, it was found that hydroxyethyl 2-methacrylate can keep the hydrophilic surface of siloxane elastomer for a long time. The original T30S does not contain tax of 11400 yuan/ton, and the CNPC Lanhua T30S contains tax of yuan/ton

the offer in Nanjing PP market continued to decline, and the trading atmosphere was light. Negative factors such as low crude oil, sluggish demand and high Petrochemical inventory flooded the market. The mentality of merchants was bearish, and the offer continued to decline: Yangzi F401 was reported at 11850 yuan/ton, copoly j340 was reported at 12750 yuan/ton, and K8003 was reported at 12950 yuan/ton

the wire drawing report in Shunde PP market fell slightly, the sharp drop in crude oil affected the mentality, merchants shipped actively, and the market demand atmosphere was cold. Downstream demand continues to be sluggish and bearish in the future

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