A brief introduction to the spot PP market of sino

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On July 24, 2009, China Plastics spot PP market brief

China Plastics price index was reported at 982.53 points, up 3.96. The electronic universal testing machine is an experimental machine for mechanical afterburner and electronic measurement technology to measure mechanical performance parameters. The China Plastics spot index rose 3.30 points to 1013.08

I. upstream express:

WTI crude oil on the New York Mercantile Exchange rose $1.76/barrel to $67.16/barrel. Brent crude oil rose $2.04/barrel to $69.25/barrel

Europe propylene FD northwest Europe reported EUR/ton, unchanged from the previous trading day. Far east propylene monomer FOB South Korea reported USD/ton, which was stable compared with the previous trading day

II. Warehouse receipt dynamics:

at 10:30 today, the China Plastics PP warehouse receipt index closed at 1109.30 points, up 6.37 points. PP main warehouse receipt contracts opened at a high price and extended with shocks. They were generally in an upward consolidation state, with large fluctuations, and the trading volume increased slightly compared with the same period yesterday. The latest price of pp0909 is 9940 yuan/ton, up 88 yuan/ton, and the price range is 9. Of course, this is a willing analysis of the car from the control itself

III. local market conditions:

the listing price of the main brand of China Plastics spot Mall () PP is mainly adjusted upward. Pp/j340/Yangzi Petrochemical reported 11500 yuan/ton, up 800 yuan/ton; Pp/h030sg/India Xincheng reported 9800 yuan/ton, down 50 yuan/ton; Pp/eps30r/Daqing Refining and chemical reported 10600 yuan/ton, up 100 yuan/ton; Pp/t30s/Zhenhai Refining and chemical reported 10200 yuan/ton, up 160 yuan/ton; Pp/m800e/Shanghai Petrochemical reported 10900 yuan/ton, up 50 yuan/ton

the drawing quotation in Hangzhou PP market rose slightly. The market mentality has warmed up driven by crude oil. Today, the transaction situation is general, and the market buying intention is still weak. The mainstream quotation of domestic T30S is RMB/ton, and the mainstream quotation of low melting copolymer EPS30R is 10500 yuan/ton. The transaction price is negotiable, and the downstream demand is general

the supply of PP market in Qilu Chemical City has decreased, the quotation has increased slightly, and the inquiry atmosphere is acceptable. The market trading atmosphere is general, and the transaction price has a small space to talk about. Traders' enthusiasm for shipping today is OK, and there is not much downstream demand

the price of PP market in Yuyao is strong today. At the end of the month, Sinopec began to sell at fixed prices, which supported the market to a certain extent, and the low-cost supply in the early stage basically disappeared. Downstream demand is still poor, and the intention to receive goods is still weak

the market quotation of Shunde PP is small. However, PMMA has the following main limitations: high hardness, difficulty in measuring intraocular pressure after implantation, and uncomfortable initial wear, requiring a long time to adapt; The adhesion of epidermal cells is poor, which can not form a continuous corneal long skin, and there is a risk of latent infection, leakage and corneal lysis after operation; Low oxygen permeability rose, and market transactions remained deadlocked. The morning trading atmosphere is general, the market mentality has warmed up driven by crude oil, and it is difficult to conclude transactions at high prices in the market. There is a strong wait-and-see atmosphere. Downstream factories have light inquiries and few transactions

IV. manufacturer dynamics:

Hunan Changsheng PP plant produces film material T38F. The manufacturer doesn't have much inventory

Fushun Petrochemical PP produces hy525, and the listing price is stable today: drawing T30S is 9800 yuan/ton, RF075 is 9800 yuan/ton. The manufacturer has average inventory and normal sales

Liaoyang Petrochemical PP plant produces fibers. The listing price is stable today: drawing 5004 is 9800 yuan/ton, fiber 71735 is 9800 yuan/ton; Fiber 70318 is 9800 yuan/ton, and coating material 70126 is 9800 yuan/ton. The manufacturer's inventory is normal, and the sales are OK

the price of PetroChina Huadong PP is stable today: the drawing T30S is 9800 yuan/ton; Membrane is 9800 yuan/ton in developed countries, EPS30R is 10500 yuan/ton, and PA14D pipe is 11800 yuan/ton. There is a little more inventory in the region, and the sales are normal

note: the reprinted content is indicated with the source. The reprint is for the purpose of transmitting more information, and does not mean to agree with its views or confirm the authenticity of its content

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