A brief introduction to the spot PP market of sino

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On June 30, 2009, China Plastics spot PP Market Overview

China Plastics price index closed at 952.6 points, up 5.82 points. The China Plastics spot index rose 1.82 points to 998.71 points

I. upstream express:

WTI crude oil on the New York Mercantile futures exchange rose $2.33/barrel, with a width of 10 ~ 25mm and a total length of not less than 150mm to $71.49/barrel. Brent crude oil rose $2.07 per barrel to $70.99 per barrel

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, unchanged from the previous trading day

II. Warehouse receipt dynamics:

at 10:3 today, the classification of the experimental machine is very fine 0, and the China Plastics PP warehouse receipt index reported 1059.01 points, up 11.09 points. PP main warehouse receipts opened slightly higher, showing a narrow range of consolidation trend, with small fluctuations, and the trading volume increased slightly compared with the same period yesterday. The latest price of pp0908 is 9420 yuan/ton, up 54 yuan/ton, and the price range is yuan/ton

III. local market conditions:

the listing price of the main brand of China Plastics spot Mall () PP is mainly higher than yesterday. Among them, pp/gm750e/Shanghai Petrochemical reported 10150 yuan/ton per swing, up 50 yuan/ton; Pp/k4912/Shanghai Secco reported 10500 yuan/ton, up 50 yuan/ton; Pp/s1004/Yangzi Petrochemical reported 9630 yuan/ton, up 60 yuan/ton; Pp/t30s/Zhenhai Refining and chemical reported 11000 yuan/ton, up 1150 yuan/ton; Pp/j742/Korea Xiaoxing reported 10500 yuan/ton, down 200 yuan/ton

in Yuyao PP market, the selection of digital display models at a low price can meet the corresponding requirements, with fewer goods and strong prices. Domestic wire drawing is generally maintained at yuan, F401 is scarce, and the quotation is above 10300 yuan. The supply of low melting copolymerization is tight and the supply of goods is scarce

the trading atmosphere in Nanjing PP market is relatively light, and there is little pressure on merchants at the end of the month. Latest offer: Yangzi F401 is almost out of stock. Some merchants quote 10300 yuan/ton, copoly j340 yuan/ton, and K8003 10600 yuan/ton

the PP market quotation of Qilu Chemical City was slightly adjusted, crude oil rose, and there was a strong wait-and-see atmosphere in the market. The downstream demand is still weak. The inquiry this morning is general, and there are not many transactions. The merchants' mentality towards the future market has slightly improved, and the transaction price is more than one. The enthusiasm of traders for shipping is OK, and the supply volume is normal

the PP market around the Central Plains has a strong offer, with some prices increased slightly. Petrochemical Sales stopped at the end of the month, the market supply was not much, and the crude oil rose sharply, so the overall market performance was strong. However, the downstream demand is still sluggish, the early trading situation is bleak, and the downstream continues to wait and see. Quotation: Zhongyuan Petrochemical T30S tax included is about yuan/ton, for reference only

IV. manufacturer dynamics:

Fujian United PP plant produces wire drawing T30S, and the prices of T30S and T36F at Quanzhou point are both 9500 yuan/ton. The new PP plant is expected to be put into operation in mid to late July

Panjin Ethylene PP plant is converted to F401. The retail price is stable: the ex factory price of F401 is 9750 yuan/ton, p340 is 10550 yuan/ton, j340 is 10450 yuan/ton, ppb240 is 11350 yuan/ton. It is reported that the manufacturer's pricing for contract customers is slightly low, the manufacturer's inventory is not much, and the sales are OK

the PP unit of Yan'an refinery produces T30S, and the manufacturer's inventory is acceptable. Today, the bottom price of the Western trading center auction is 9000 yuan/ton

Jiujiang Petrochemical PP plant produces T36F today. Continue pricing in early July: drawing T30S is 9500 yuan/ton, and film T36F is 9500 yuan/ton. At present, there is not much inventory, and the sales situation is OK

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