On December 31, China Plastics spot PP market brief
China Plastics price index fell 1.05 points to 732.53 points, and China Plastics spot index fell 0.94 points to 883.08 points
I. upstream express:
the price of crude oil futures market on the New York Mercantile Exchange closed lower, and the drag on oil prices due to weak demand worries outweighed the boost on oil prices mainly from the escalation of armed conflict in the Gaza Strip in Australia. The settlement price of crude oil futures fell 99 cents, or 2.5%, to $39.03 a barrel. The settlement price of Brent crude oil futures in February on the ICE Futures Exchange fell 40 cents, or 1%, to $40.15 a barrel
II. Manufacturer dynamics:
Yanshan stone B oil pump cannot be converted to k4912 with normal task-based PP polymerization; Dimer production 4220; Trimer to b8101
the design capacity of Tianjin United PP plant is 70000 tons. The shutdown and overhaul began on September 28. The original plan lasted for days, and then the start-up plan was postponed to March 2009
the latest drawing T30S price of Tianjin United PP today is 7000 yuan/ton, and the copolymerization EPS30R price is 7100 yuan/ton. The manufacturer has low inventory and average sales. The listing was resumed in January
III. local market conditions:
the trend of PP in China plastic city is depressed, and the market is stable and tends to decline, with a range of yuan/ton. Due to the sluggish downstream demand, the overall transaction is very light. Most traders wait and see, focusing on low position operations. The downstream factories have very low intention of receiving goods, and continue to buy with use. The latest mainstream quotation of domestic wire drawing/injection plastic is yuan/ton, the mainstream quotation of domestic copolymer is yuan/ton, the mainstream quotation of imported copolymer is yuan/ton, and the mainstream quotation of monofilament powder is 7400 yuan/ton
the PP market price in Nanjing is stable. Tomorrow's new year's Day holiday, many merchants have withdrawn from the market in advance, and the trading is very light; The size of the indenter and base loaded in F401 is quoted at yuan/ton, and T30S is quoted at about 7300 yuan/ton, with few transactions; There are few resources of copolymers, and K8003 is reported at about 7400 yuan/ton
the PP market atmosphere in Shunde is very light, with few quotations from merchants, and some of them have been on holiday in advance. The price fell slightly. At present, Maoming n "-t30s reported no ticket at RMB/ton, Dalian, Daqing and Hainan T30S reported no ticket at RMB 6800/ton, Hainan v30g reported no ticket at RMB 6800/ton, and Maoming M160 reported no ticket at RMB 6900/ton. Maoming EPS30R reported 7000 yuan/ton, EPC30R-H reported 7100 yuan/ton without tickets, and ept30r was out of stock
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