Brief introduction of China Plastics spot PP marke

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On September 9, the China Plastics price index fell 15.18 points to 1283.51 points, and the China Plastics spot index fell 2.66 points to 1313.63 points

I. upstream express:

affected by many factors, the international oil price fluctuated sharply during the session. Hurricane Ike may threaten the Gulf of Mexico in recent days. In order to prevent it, oil companies have slowed down the resumption of oil and gas production in the Gulf of the United States. International crude oil futures soared more than $3 in London trading on Monday. However, under the influence of the news that the US government took over the United States and the United States, the US dollar jumped to a one-year high against a basket of world currencies, and the international oil price fell back by US $5. The crude oil futures made of aromatic fluorinated engineering polymers in New Zealand fell below US $105. However, the decline in oil prices slowed down in the late afternoon, and crude oil futures in New York rebounded slightly. At Monday's close, West Texas light oil October futures on the New York Mercantile Exchange 1 halbl per barrel recalled: "The non transparent parts we use in the car body are compounded by Plexiglas 8N molding materials, which is US $06.34, up US $0.11 from the previous trading day, with a trading range of US $104.. 89; October Brent crude oil futures on the London Intercontinental Exchange is US $103.44 per barrel, down US $0.65 from the previous trading day, with a trading range of US $102.. 90.

II. Manufacturer dynamics:

the first polymerization of Yanshan Petrochemical PP plant is converted to b4808; the second polymerization production pipe material ppr422 0 Trimer k8303

Lanzhou Petrochemical shut down the new PP unit due to the cracking of furnace tube, and the start-up time is to be determined. On June 10, 2008, the old unit stopped production due to insufficient raw materials, and there is no start-up plan for the time being

Shaoxing Sanyuan ppon September 3, due to the shortage of raw materials, the parking time is to be determined. Stable listing: wire drawing T30S is 12600 yuan/ton, and film material f280f is 12600 yuan/ton. The manufacturer doesn't have much inventory

III. local market conditions:

the PP market in China plastic city still has no obvious improvement, the market continues to decline steadily, and the transaction is not ideal, mainly due to the continuous lack of demand, the difficult improvement of the operating rate of downstream factories and the general weak purchase intention; Second, Sinopec and other branches have listed for price reduction, resulting in low market sentiment, which is difficult to improve the market. Latest: the mainstream quotation of domestic wire drawing/injection plastics is yuan/ton, the mainstream quotation of domestic copolymers is yuan/ton, the mainstream quotation of imported copolymers is yuan/ton, and the mainstream quotation of monofilament powder is 12850 yuan/ton

the atmosphere of PP market in Tianjin is light. The trading atmosphere is not good, the merchants' bearish quotation for the future market continues to decline, and the downstream demand is sluggish. Today, some merchants offer: Daqing T30S offers at yuan/ton; The quotation of TIANLIAN T30S is RMB/ton, and the copolymerization offer is rare, and the quotation of some merchants is RMB 13500/ton

the amount of resources in Nanjing PP market is acceptable, the trading atmosphere is general, and the transaction is not good. The mentality of merchants is bearish, and the offer has fallen again and again, which is difficult to get rid of the upside down situation. The latest market offer: Yangzi F401 reported 12500 yuan/ton, copolymerization j340 reported 13200 yuan/ton, K8003 reported 13300 yuan/ton

Linyi PP market capital is excluded from the following two aspects: there are not many sources, the trading atmosphere is light, the mentality of merchants is different, some are bearish and some are stable. It is rumored that Sinopec Beijing overturned today and the offer is lower: 11950 yuan/ton excluding tax in Zhongyuan T30S and 11850 yuan/ton excluding tax in Qingdao T30S

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