A brief introduction to the spot PP market of Chin

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As of 10 a.m. on September 23, 2009, China's plastic price index rose 0.10 points to 939.17 points. The China Plastics spot index fell 1.4 points to 1004.61, with the simulated tunnel built by rausberg occupying a small road surface area of 1 point

I. upstream express:

WTI crude oil on the New York Mercantile Exchange rose $1.84/barrel to $71.55/barrel. Brent crude oil rose $1.84/barrel to $70.53/barrel, with large trading volume

Europe propylene FD northwest Europe reported EUR/ton, unchanged from the previous trading day. Far east propylene monomer FOB South Korea reported USD/ton, down $10/ton from the previous trading day

II. Warehouse receipt dynamics:

at 10:30 today, the China Plastics PP warehouse receipt index closed at 1020.39 points, down 0.38 points. PP main warehouse orders closed high and opened in a volatile downward consolidation, with obvious trend fluctuations. The trading volume increased slightly compared with the previous trading day. The latest price of pp0911 is 9195 yuan/ton, down 41 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 was slightly adjusted, with both ups and downs. Among them, pp/h030sg/India Xincheng reported 9200 yuan/ton of test machine cylinder introduction, down 50 yuan/ton; Pp/t30s/Zhenhai Refining and chemical reported 9700 yuan/ton, up 250 yuan/ton; Pp/m800e/Shanghai Petrochemical reported 11000 yuan/ton, up 100 yuan/ton; Pp/j340/Yangzi Petrochemical reported 9950 yuan/ton, up 150 yuan/ton; Pp/6535a/Formosa Plastics USA reported 10500 yuan/ton, up 100 yuan/ton; PP/M1600/Korean Hyundai news 10900 yuan/ton, up 50 yuan/ton

the PP market in Shanghai is mainly stable today. Enquiries in the morning are average, but actual transactions are rare. PetroChina Huadong cut prices, and it is expected that the prices of relevant brands will continue to fall in the later period

some quotations in Beijing PP market fell slightly, and crude oil prices rose, but the market mentality continued to be bearish. In the morning, the demand atmosphere was light, the overall supply of goods in the market was acceptable, and the merchants with more goods continued to actively ship. The inquiry atmosphere in the morning market is general, the transaction price is more than one, and the downstream demand is poor

the PP market quotation in Yuyao is mainly stable. The price of imported wire drawing is slightly lower, but there are not many sources of low-cost goods. The market mentality is stable and slightly confused, and it is difficult to have a clear expectation of the future market

the PP market in Linyi continues to decline. The overall atmosphere of the market was sluggish, with light inquiries and few transactions in the morning. Qingdao has more resources, so it is more difficult to make a deal; The quantity of wire drawing resources in Zhongyuan is less. Reference quotation: Qingdao T30S quote 8800 yuan/ton, Zhongyuan T30S quote 8900 yuan/ton. The above price does not include tax

IV. manufacturer dynamics:

the listing price of PetroChina Huadong PP was lowered today: the drawing T30S was 9200 yuan/ton, the v30g was 9150 yuan/ton, and the EPS30R was 9500 yuan/ton

f800edf produced by PP plant of Shanghai Petrochemical; Dimer production T300; Trimer to m700r

Maoming Petrochemical PP first-line unit produces EPC30R-H, and the second-line PP unit produces f300m. The manufacturer's inventory is general, and the sales situation is weak

Sinopec Wuhan Branch Luoyang Petrochemical PP plant produces fiber materials, which continue to be listed for sale today: wire drawing F401 is at 9400 yuan/ton, fiber ys835, ys830, s is at 9400 yuan/ton, specifically below: j600 is at 9500 yuan/ton. The manufacturer's inventory is normal and sales are average

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