Brief introduction of spot PP market of sinoplasti

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As of 10 a.m. on November 20, 2009, China's plastic price index fell 0.86 points to 1012.58 points. The China Plastics spot index rose 0.06 points to 1058.16 points

I. upstream express:

on Thursday (November 19), the settlement price of West Texas light oil futures in December on the New York Mercantile Exchange was $77.46 a barrel, down $2.12 from the previous trading day, with a trading range of 77 $87; The settlement price of January Brent crude oil futures on the London Intercontinental Exchange was $77.64 a barrel, down $1.83 from the previous trading day, with a trading range of 77 79 dollars

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 1124.01 points, up 3.45 points. PP main warehouse orders opened slightly lower, as low as 1118 points, and then the index rebounded to 1119 points. After a small shock, the index rose, and after 1123, the market stabilized, and the overall posture was good. The latest price of pp1001 is 10290 yuan/ton, a material brand, specification and status; Up 41 yuan/ton, 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. Pp/2535a/Formosa Plastics USA reported 11500 yuan/ton, up 600 yuan/ton; Pp/f401/Panjin Ethylene reported 10600 yuan/ton, up 200 yuan/ton; Pp/j560s/Hunan Petrochemical reported 12900 yuan/ton, up 1400 yuan/ton; Pp/s1003/Shanghai Secco reported 10300 yuan/ton, up 100 yuan/ton; Pp/t30s/Zhenhai Refining and chemical reported 10250 yuan/ton, up 20 yuan/ton

the wiredrawing quotation in Hangzhou PP market increased slightly, the market mentality was different, and some merchants' enthusiasm for shipping increased. The key to Sinopec's sharp pull is the implementation of utilization rise, which also supports the market mentality, but the merchants' intention to cover positions at a high level is weak. There are not many sources of copolymerization goods, and the quotation is firm. The downstream demand conflicts with the high price supply, and the trading volume is general

Qilu Chemical City's PP quotation continued to rise slightly, and merchants' shipping intention increased. EPS30R supply has increased, and the transaction price is negotiable. Downstream demand conflicts with high price sources, and the actual trading volume is general

in the PP market around Dalian, the market atmosphere was light in the morning, there were few inquiries and few transactions. At present, the supply of goods in the market is relatively small, the prices of merchants are different, and the demand is weak. Reference quotation: Daqing and Dalian organic T30S quote yuan/ton, and copolymerization resources are out of stock

affected by the increase in ex factory prices of Sinopec East China and PetroChina East China, the PP market in Nanjing did not offer much in the morning, and some businesses offered higher prices. The downstream is dominated by inquiry, with weak transaction intention and strong wait-and-see mood

Xiamen PP market news must continue to implement the implementation price in the process of promoting the general election of the executive seat, with little change. Crude oil fell, downstream demand was sluggish, and the market performed poorly today. In the morning, the trading atmosphere was weak, and there were not many transactions of high price sources

IV. manufacturer dynamics:

T30S is produced by Zhenhai Refining and chemical PP plant. Today, the price continues to rise by 400 yuan: the drawing T30S is at 10300 yuan/ton, and the film material f280z is at 10300 yuan/ton. The manufacturer's inventory is not large, and the sales are normal

Jiujiang Petrochemical PP plant produces T36F today. Today's price rises by 400 yuan: the drawing T30S is 10300 yuan/ton, and the membrane T36 hydraulic universal testing machine dynamometer electrical system f is 10300 yuan/ton. The manufacturer's inventory is general, and the sales situation is acceptable

Shaoxing Sanyuan PP plant produces T30S, and the plant operates at low load. Today's price rises by 400 yuan: drawing T30S is at 10300 yuan/ton, and film material f280f is at 10300 yuan/ton. The manufacturer's inventory is not large, and the sales are normal

the PP unit of Zhongyuan Petrochemical produces T30S, and the listing price is stable today: T30S is 10100 yuan/ton. The manufacturer's granular material inventory is not large, and the sales are average

Lanzhou Petrochemical Co., Ltd. purchases v30g of PP newly installed and F401 of the old plant (the PP capacity of the new plant is 300000 tons/year, and the PP capacity of the old plant is 50000 tons/year). Northwest sales company pricing: T30S at 9950 yuan/ton, wire drawing F401 at 9950 yuan/ton, the inventory is general, today's sales situation is OK

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