Brief introduction of spot PP market of sinoplasti

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As of 10:00 a.m. on October 22, 2009, China plastic price index rose 7.38 points to 965.06 points. The China Plastics spot index fell 0.45 points to 1011.27 points

I. upstream express:

on Wednesday (October 21), the settlement price of West Texas light oil futures in December on the New York Mercantile Exchange was $81.37 a barrel, up $2.25 from the previous trading day, with a trading range of 77 00 USD; The settlement price of December Brent crude oil on the London Intercontinental Exchange was $79.69 a barrel, up $2.45 from the previous trading day, with a trading range of 76 $26

Europe propylene FD reported EUR/ton in northwest Europe, closing flat compared with the previous trading day. Far east propylene monomer FOB South Korea reported US dollars/ton, flat compared with the previous trading day

II. Warehouse receipt dynamics:

at 10:30 today, the China Plastics PP warehouse receipt index closed at 1071.20 points, up 16.66 points. PP main warehouse orders opened higher and went higher. Stimulated by the sharp rise in innovative technology provided by crude oil Bayer materials for future electric vehicles, the PP index opened rapidly to 1068 points. After short-term oscillation adjustment, the index rose all the way, and the upward momentum was obvious. The latest price of pp0912 is 9755 yuan/ton, up 166 yuan/ton, and the price range is yuan/ton

III. local market conditions:

the listing price of some brands of China Plastics spot Mall () PP has been adjusted, mainly rising. Pp/j340/Yangzi Petrochemical reported 10500 yuan/ton, up 200 yuan/ton; Pp/t30s/Shaoxing Sanyuan reported 9900 yuan/ton, up 100 yuan/ton; Pp/t30s/Daqing Refining and chemical reported 10300 yuan/ton, up 600 yuan/ton; Pp/f401/Yangzi Petrochemical/reported 10100 yuan/ton, up 20 yuan/ton; Pp/t30s/Zhenhai Refining and chemical reported 9800 yuan/ton, up 20 yuan/ton

the market atmosphere in Tianjin PP market in the morning was general, and the transaction was light. At present, the market supply is general, and the mentality of merchants is stable. The wait-and-see mood of downstream manufacturers is still strong, and the transaction intention is weak. The hydraulic cylinder applies pressure to the squeezed battery

the early inquiry atmosphere in Linyi PP market was active and the market sentiment was acceptable. The merchants' mentality is stable, and the market quotation rises slightly, but the transaction is general. Reference quotation: Qingdao T30S quote 9150 yuan/ton, Zhongyuan T30S quote yuan/ton, and the firm offer is negotiable

the PP market in Shanghai is slightly higher today, and the sharp rise in crude oil has not significantly stimulated the market. Market resources are still scarce, especially transparent chat and copolymers. On the other hand, enquiries are ordinary and transactions are not many. The market mentality is slightly confused

the PP market in Nanjing was affected by the surge in crude oil, the mentality of merchants was well supported, and the market quotation rose slightly. At present, the market atmosphere is acceptable, the supply of goods is not much, and the transaction is relatively light. Reference quotation: the quotation of wire drawing F401 is 9750 yuan/ton, and copolymerization resources are out of stock

IV. manufacturer dynamics:

Dushanzi Petrochemical PP old plant produces EPS30R in the first line and T30S in the second line. The inventory is average, and the sales situation is improving today. The latest price of T30S in Xinjiang is 9500 yuan/ton. The domestic price of EPS30R is 9900 yuan/ton, and the domestic price of pipe material dy-zk0640p is 10500 yuan/ton

Jiujiang Petrochemical PP plant produces T36F today. Today's Pricing: drawing T30S at 9500 yuan/ton, film T36F at 9500 yuan/ton. The manufacturer's inventory is general, and the sales situation is acceptable

the PP unit of Zhongyuan Petrochemical produces T30S, and the listing price is stable today, with T30S at 9650 yuan/ton. The manufacturer's granular material inventory is not large, and the sales are average

the PP resources of langang Petrochemical are uniformly allocated in the Northwest Company, and the langang plant produces fiber materials. Today, the price of wire drawing F401 in the province is 9500 yuan/ton driven by the strong market demand for power batteries, and the price of polypropylene chip bh/bl is 9500 yuan/ton. It is reported that the inventory is basically normal and the sales situation is general

film material produced by Wuhan Fenghuang PP plant. The listing price today is stable: the drawing T30S is at 9650 yuan/ton, and the membrane T36F is at 9650 yuan/ton. The manufacturer's inventory is basically normal, and the sales are average

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