A brief introduction to the spot PP market of Chin

On June 23, 2009, a brief introduction to the spot PP market of China Plastics Co., Ltd.

China Plastics price index fell 10.24 points to 939.99 points. The China Plastics spot index fell 1.22 points to 999.74 points

I. upstream express:

WTI crude oil on the New York Mercantile Exchange fell $2.62/barrel to $66.93/barrel. Brent crude oil fell $2.21 per barrel to $66.98 per barrel

Europe propylene FD northwest Europe reported EUR/ton, up 10 EUR/ton from the previous trading day. Far east propylene monomer FOB South Korea reported USD/ton, unchanged from the previous trading day

II. Manufacturer dynamics:

the PP unit of Huabei Petrochemical Company failed to stop on June 20, and it is planned to start in recent days. In addition to film materials, the manufacturer continues to be listed for sale: wire drawing T30S is at 9650 yuan/ton. The manufacturer's inventory is normal and sales are average

Panjin Ethylene PP plant produces p340. The retail price is: the ex factory price of F401 is 9750 yuan/ton, p340 is 10850 yuan/ton, and j340 is 10750 yuan/ton. It is reported that the manufacturer's pricing for contract customers is slightly low, the manufacturer's inventory is not much, and the sales are OK

the PP unit of Qianguo refinery stopped on April 1 due to failure, and the start-up time is to be determined. At present, the manufacturer T022 has no pricing and basically has no inventory

the original price of PetroChina Huadong PP was listed today: the drawing T30S was 9600 yuan/ton; Z30S is 9650 yuan/ton, v30g is 9650 yuan/ton, T38F is out of stock, and EPS30R is 10800 yuan/ton. There is a little more inventory in the region, and the sales are normal

III. warehouse receipt dynamics:

at 10:30 today, the China Plastics PP warehouse receipt index closed at 1029.13 points, down 22.23 points. PP's main warehouse receipts opened slightly lower, showing a narrow downward trend, with small fluctuations and less trading volume, which increased compared with the same period yesterday. The latest price of pp0908 is 9155 yuan/ton, down 223 yuan/ton, and the price range is yuan/ton

IV. local market conditions:

the listing price of the main brand of China Plastics spot Mall () PP was mainly lower than that of the same period yesterday, and only the quotation of the last few brands increased. Among them, pp/45/Shijiazhuang Xinji reported 9150 yuan/ton, down 30 yuan/ton; Pp/f401/Panjin Ethylene reported 9600 yuan/ton, down 50 yuan/ton; Pp/bl/langang Petrochemical reported 9700 yuan/ton, up 200 yuan/ton; Pp/s1003/Shanghai Secco reported 9600 yuan/ton, down 100 yuan/ton; PP1, 1 General Provisions:/t30s/Zhenhai Refining and chemical reported 9750 yuan/ton, down 30 yuan/ton

the decline of PP market quotation in Guangzhou, the sharp decline in crude oil and the downturn in demand have frustrated the confidence of some merchants and increased their enthusiasm for shipment. The market mentality is slightly pessimistic, and some businesses still remain closed and wait-and-see. The demand of downstream factories is light, and the purchase is cautious

there are few supply sources in the PP market in Hangzhou. Under the impact of the sharp drop in crude oil, the market quotation fell slightly, and the merchants' enthusiasm for shipping is general. The trading atmosphere is low, and it is difficult to make high-level transactions. The actual transaction price is negotiable. The mainstream quotation of domestic T30S is yuan/ton, and the mainstream quotation of low-melt copolymerization is 10700 yuan/ton. There is little downstream demand

the PP market quotation in Yuyao fell, and the cluster price fell significantly. Crude oil fell sharply yesterday, and PetroChina East China was listed for sale. The market atmosphere was affected and the trading atmosphere was gloomy. The quotation fell significantly, but the transaction is still difficult

the PP market quotation of Qilu Chemical City has weakened, and the enthusiasm for shipment has increased. The demand is less, and the business mentality is mainly wait-and-see. There is room to talk about the market transaction price, but there is little room to talk about, and the downstream demand is poor

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