A brief introduction to the PP market of China Pla

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On June 4, 2009, China Plastics information PP market brief

China Plastics price index closed at 934.75 points, up 0.77 points. The China Plastics spot index rose 3.60 points to 976.18 points

I. upstream express:

WTI crude oil on the New York Mercantile Exchange fell $2.43/barrel to $66.12/barrel. Brent crude oil fell $2.29/barrel to $65.88/barrel due to the main components in the air

Europe propylene FD reported EUR/ton in northwest Europe, which was stable compared with the previous trading day. Far east propylene monomer FOB South Korea reported USD/ton, up 7.5 USD/ton from the previous trading day

II. Manufacturer dynamics:

Wuhan Fenghuang PP plant starts to produce T30S. The manufacturer has a little more inventory, which is normal

Yanshan Petrochemical PP plant Yiju shut down for material on May 31, and it is expected to start up in the short term; Dimer production pipe material ppr4220; Sanju turns to k7760

Hainan refining and chemical PP plant produces T38F. The inventory is average, and the sales situation is OK

Shaoxing III ⑤ APM calculation formula round PP device produces wire drawing materials. The manufacturer's inventory is not large, and the sales are normal

III. warehouse receipt dynamics:

at 10:30 today, the China Plastics PP warehouse receipt index closed at 1044.03, down 1 The other is polymer matrix 00. PP main warehouse receipts opened slightly lower, showing a shock consolidation trend on the whole, with obvious fluctuations, and the trading volume decreased slightly compared with the same period of the previous trading day. The latest price is 9305 yuan/ton, down 7 yuan/ton, and the price range is yuan/ton

IV. local market conditions:

China Plastics spot Mall (x round experimental machine jaws to avoid clamping block deviation) the listing price of the main brand of PP is higher than that of the same period yesterday. Pp/m1600/Korean Hyundai news 10100 yuan/ton, down 200 yuan/ton; Pp/t30s/Zhenhai Refining and chemical reported 9650 yuan/ton, up 50 yuan/ton; Pp/t30s/Dalian Petrochemical reported 9620 yuan/ton, up 170 yuan/ton; PP/m180ri/Shanghai Petrochemical reported 10530 yuan/ton, up 50 yuan/ton; Pp/r370y/South Korea SK reported 10700 yuan/ton, up 120 yuan/ton

some quotations in Shunde PP market are mainly stable, some brands are slightly adjusted, and the market supply is acceptable. The fall in oil prices makes merchants have a strong wait-and-see atmosphere, lack confidence in the future market, and downstream factory inquiries are reduced

the PP market situation in Qilu Chemical City fell, and the decline in oil prices hit the market mentality. The transaction price was more than one, and the merchants' enthusiasm for shipping increased. The market supply is small, the transaction is deadlocked, and the downstream search for goods is light

the current price of PP market in Shanghai is mainly adjusted. CTV East China branch continued to price, and the continuous price rise of PetroChina East China gave a good impetus to the market, but the sharp decline of crude oil and the downturn of demand made it difficult for the market to improve. Today, there are few inquiries, the transaction is not good, and the mentality is confused

the quotation of PP market in Hangzhou is stable, the fall in oil price has hit the enthusiasm of demand, and the enthusiasm of merchants to ship has increased, but the transaction is difficult. The mainstream quotation of domestic T30S is 9500 yuan/ton, and the low-melt copolymerization is 10500 yuan/ton, and the downstream demand is on the sidelines

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