Brief introduction of spot PP market of sinoplasti

As of 10:00 a.m. on October 19, 2009, China's plastic price index rose 2.78 points to 951.41 points. The China Plastics spot index rose 1.29 points to 1004.74 points

I. upstream express: a spokesman for the Ministry of Health said that on Friday (October 16), the settlement price of West Texas light oil futures in November on the New York Mercantile Exchange was $78.53 a barrel, up $0.95 from the previous trading day, with a trading range of 76 $75; The settlement price of December Brent crude oil futures on the London Intercontinental Exchange was $76.99 a barrel, up $0.76 from the previous trading day, with a trading range of 75 21 dollars

Europe propylene FD northwest Europe reported EUR/ton, up 20O EUR/ton from the previous trading day. Far east propylene monomer FOB South Korea reported USD/ton, up $10/ton from the previous trading day

II. Warehouse receipt dynamics:

at 10:30 today, the China Plastics PP warehouse receipt index closed at 1048.61 points, up 5.91 points. PP main warehouse orders opened higher and went higher. The opening was pulled to 1045 points. When there was little resistance, the index continued to rise after a small adjustment. After that, the index fluctuated slightly for a short time due to the self-test oscillation required by the main engine startup, but the upward offensive head did not change, and the situation was good. The latest price of pp0911 is 9525 yuan/ton, up 81 yuan/ton, and the price range is yuan/ton

III. inventory dynamics:

in the first half of October 2009, the total inventory of major domestic PP and PE markets increased to a certain extent, an increase of 2.89% over September 30, 2009. Among them, PP inventory increased significantly, with an increase of 6.85% compared with the end of last month, and PE inventory increased slightly, with an increase of 1.9% compared with the end of last month. Regionally, the inventory in the South increased slightly, with an increase of 2.04% compared with the end of last month, and the inventory in the north also increased significantly, with an increase of 5.08% compared with the end of last month

IV. local market conditions:

the listing price of some brands of China Plastics spot Mall () PP has been adjusted, with both ups and downs. Among them, pp/1040f/Formosa Plastics Ningbo reported 9550 yuan/ton; Pp/h5300/Korea Hyundai reported 9750 yuan/ton, down 30 yuan/ton; Pp/t300/Shanghai Petrochemical reported 10045 yuan/ton, up 145 yuan/ton; Pp/f401/Yangzi Petrochemical reported 10000 yuan/ton, up 100 yuan/ton; Pp/k8003/Yangzi Petrochemical reported 10600 yuan/ton, up 400 yuan/ton

the PP market in Tianjin was slightly calm in the morning, and the market atmosphere was general. At present, the quotation of merchants is strong and the market supply is general. The wait-and-see mood in the downstream is increasingly strong, the transaction intention is weak, and the transaction is light

the PP market in Guangzhou has stabilized, with some quotations rising slightly. Market participants are cautious about the future market, and the high transaction is poor according to the material, structure, manufacturing method, working medium, service conditions and failure mode of the inspected parts. The market supply is OK, the morning inquiry atmosphere is general, and the demand of downstream factories is mainly on the sidelines

the PP market around Dalian had a general atmosphere in the morning and the transaction was light. The continuous rise of crude oil continues to support the market, with stable market prices and general supply. Reference quotation: Daqing and Dalian organic T30S quote 9650 yuan/ton, and copolymerization resources are out of stock

driven by the rise of crude oil, the quotation in Hangzhou PP market is strong, the demand atmosphere is still weak, and merchants are more enthusiastic about shipping. The inquiry atmosphere in the morning was general, and the high-level transaction was poor. The mainstream quotation of domestic wire drawing is yuan/ton, and the quotation of low melting copolymerization is yuan/ton. The market supply is not large, and the downstream demand is general

v. 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. EPS30R's domestic price is 9800 yuan/ton, and the popularity of tube material dy-zk06 will also be further expanded. The domestic price of 40p 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

PP unit of Zhenhai Refining and Chemical Co., Ltd. produces film materials. Continue pricing today: the drawing T30S is 9500 yuan/ton, and the film material f280z is 9500 yuan/ton. The manufacturer's inventory is not large, and the sales are normal

T30S produced by Shaoxing Sanyuan PP plant. The price is stable today: the drawing T30S is 9500 yuan/ton, and the film material f280f is 9500 yuan/ton. The manufacturer's inventory is not large, and the sales are normal

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