A brief introduction to the spot PP market of Chin

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On June 29, 2009, a brief introduction to the spot PP market of China Plastics Co., Ltd.

China Plastics price index closed at 947.69 points, down 0.25 points. The China Plastics spot index rose 1.69 points to 998.88 points

I. upstream express:

WTI crude oil on the New York Mercantile Exchange fell $1.07/barrel to $69.16/barrel. Brent crude oil fell 0.86 USD/barrel to 68.92 USD/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 US dollars/ton, up US $9/ton from the previous trading day

it varies according to specific materials. Second, warehouse receipt dynamics:

at 10:30 today, the China Plastics PP warehouse receipt index closed at 1047.40 points, down 2.81 points. PP's main warehouse receipts opened slightly higher, showing a narrow downward trend, with small fluctuations, and the trading volume decreased slightly compared with the same period last Friday. The latest price of pp0908 is 9328 yuan/ton, down 27 yuan/ton, and the price range is yuan/ton

III. local market conditions:

the listing price of the main brand of PP in China Plastics spot Mall () rose and fell compared with the same period last Friday. Now, the nano Research Institute of Drexel University has changed the three-dimensional three yuan titanium aluminum carbide (max phase) into a two-dimensional structure. Pp/f401/Panjin Ethylene, the leader in the testing machine industry, reported 9600 yuan/ton, up 50 yuan/ton; Pp/k4912/Shanghai Secco reported 10450 yuan/ton, up 50 yuan/ton; PP/M1600/Korean Hyundai news 10200 yuan/ton, down 100 yuan/ton; Pp/t30s/Zhenhai Refining and chemical reported 9680 yuan/ton, down 20 yuan/ton; Pp/k9927/Yangzi Petrochemical reported 10000 yuan/ton, down 50 yuan/ton

the PP market quotation of Qilu Chemical City is mainly stable, the market demand is weak, and the quotation of some brands is slightly adjusted. This morning, the inquiry was general, and there were not many transactions. The merchants were not confident in the future market, and the transaction price was more than one. The enthusiasm of traders for shipping is OK, and the supply of goods is basically normal

the PP market quotation in Yuyao is mainly stable. Domestic wire drawing is generally maintained at yuan, and the retail price is slightly higher; Generally, the mainstream price of imported wire drawing is yuan/ton

the PP market around the Central Plains has not changed much, and it is mainly stable as a whole. There is not much supply in the market, and the offer is supported to a certain extent, making it difficult to decline. In the morning, the transaction situation was bleak, and most of the downstream were waiting and watching. Quotation: Zhongyuan Petrochemical T30S tax included is about yuan/ton, for reference only

the Beijing PP market quotation today is mainly stable, the demand is light, and the transaction price is negotiable. The market is plagued by sluggish demand, businesses' enthusiasm for operation is sluggish, and downstream demand is dominated by small purchases that are readily available

IV. manufacturer dynamics:

PetroChina Huabei PP is listed for sale except for film materials. The inventory in the region is relatively small, and the sales situation is relatively weak

the daily t30s/t36f settlement price of Dalian organic PP is 9350 yuan/ton. Listed for sale in early July: T30S is 9650 yuan/ton, and membrane T36F is 9650 yuan/ton (the above is the unified sales price of CNPC northeast). The manufacturer's inventory is general, and the sales situation is weak

Maoming Petrochemical PP first-line unit produces EPC30R-H and second-line PP unit produces n-hc9006m. The manufacturer's inventory is normal and the sales situation is general

the PP unit of Daqing Petrochemical produces T30S today. The daily t30s/t38f settlement price is 9350 yuan/ton. Listed for sale in early July: T30S is 9650 yuan/ton, T38F is 9650 yuan/ton (the above is the sales price of PetroChina northeast). The recent sales of the manufacturer are considered by ISRI to be weak and the inventory is general

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