A brief introduction to the spot PP market of sino

as of 10 a.m. on September 24, China's plastic price index was reported at 933.42 points, down 4.05 points. The spot index of Sinochem was reported at 1002.96 points, down 1.31 points.

first, upstream express:

WTI crude oil on the New York commodity futures exchange fell $2.79/the An'an high-end industrial aluminum production base under construction this time covers an area of 200 mu barrels to $68.97/barrel. Cloth analyzed the indicators that should be paid special attention to when selecting the tensile machine for soft packaging material testing, Lunte crude oil from US $2.54/barrel to US $67.99/barrel

Europe propylene FD northwest Europe reported EUR/ton, unchanged from the previous trading day. Far east propylene monomer FOB South Korea reported USD/ton, up $16/ton from the previous trading day

II. Warehouse receipt dynamics:

at 10:30 today, the China Plastics PP warehouse receipt index closed at 1011.75 points, down 7.07 points. PP main warehouse orders closed low and opened up, with upward consolidation, and the trend fluctuated significantly. The trading volume increased slightly compared with the previous trading day. The latest price of pp0911 is 9158 yuan/ton, down 58 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 has been slightly adjusted, with the majority of downward. Among them, pp/h030sg/India Xincheng reported 9200 yuan/ton, up 10 yuan/ton; Pp/t30s/Zhenhai Refining and chemical reported 9380 yuan/ton, down 20 yuan/ton; Pp/m800e/Shanghai Petrochemical reported 10780 yuan/ton, down 220 yuan/ton; Pp/f401/Yangzi Petrochemical reported 9700 yuan/ton, down 400 yuan/ton; Pp/1040f/Formosa Plastics Ningbo reported 9750 yuan/ton, down 50 yuan/ton; PP/m1400/Korean Hyundai news 10500 yuan/ton, up 200 yuan/ton

the PP market quotation of Qilu Chemical City continued to decline, and the panic mentality increased. Merchants are more enthusiastic about shipping, and the transaction price is a single one. The inquiry atmosphere in the morning was light, and most market participants lacked confidence in the future market. Petrochemicals continued to be listed for sale, with a bearish market mentality and little downstream demand

the PP market in Nanjing is generally stable. The business atmosphere in the morning was not good, and there were not many inquiries. The amount of drawing resources is not large, and copolymers begin to supply the market. The market mentality is poor and there is no optimistic expectation for the future market. Reference quotation: the quotation of wire drawing F401 is 9350 yuan/ton, and K8003 is 9800 yuan/ton

some quotations in Beijing PP market continued to decline, crude oil prices fell sharply, and market panic increased. In the morning, the demand atmosphere was light, the overall supply of goods in the market was acceptable, and the merchants with more goods continued to actively ship. The inquiry atmosphere in the morning market is general, the transaction price is more than one, and the downstream demand is poor

the PP market in Linyi continues to be depressed. The overall atmosphere of the market was poor, with light enquiries and few transactions in the morning. Qingdao has more resources, and the quantity of wire drawing resources in Central China is less. Reference quotation: Qingdao T30S quote yuan/ton, Zhongyuan T30S quote 8900 yuan/ton. The above price does not include tax

IV. manufacturer dynamics:

Maoming Petrochemical PP first-line unit is converted to EPS30R, and the second-line PP unit is converted to f300m. The manufacturer's inventory is general, and the sales situation is weak. Finally, the test report is issued, and the first-line production f800edf of PP unit of Shanghai Petrochemical Company is completed for one time; Dimer production T300; Trimer is converted to m2600r

T30S produced by Shaoxing Sanyuan PP plant. The listing price is stable today: the drawing T30S is 9450 yuan/ton, and the film material f280f is 9450 yuan/ton. The manufacturer's inventory is not large, and the sales are normal

Zhenhai Refining and chemical PP plant produces wire drawing. Today's listing price: the drawing T30S is 9450 yuan/ton, and the film material f280z is 9450 yuan/ton. The manufacturer's inventory is not large, and the sales are normal

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