A brief introduction to the spot PP market of sino

As of 10 a.m. on September 21, 2009, China's plastic price index fell 4.00 points to 940.86 points. The China Plastics spot index fell 1.61 points to 1009.86 points

I. upstream express:

WTI crude oil on the New York Mercantile Exchange fell $0.43/barrel to $72.04/barrel. Brent crude oil fell 0.23 USD/barrel to 71.32 USD/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, down 31 USD/ton from the previous trading day

II. Warehouse receipt dynamics:

at 10:30 today, the China Plastics PP warehouse receipt index closed at 1019.58 points, down 8.01 points. PP main warehouse orders closed low and opened shock consolidation, with obvious trend fluctuations. The trading volume decreased slightly compared with the previous trading day. The latest price of pp0911 is 9200 yuan/ton, down 88 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/f401/Panjin Ethylene was reported at 9480 yuan/ton, up 30 yuan/ton; PP/T30S Shaoxing Sanyuan reported 9400 yuan/ton, down 650 yuan/ton; Pp/m2600r/Shanghai Petrochemical reported 10980 yuan/ton, up 180 yuan/ton; Pp/j340/Yangzi Petrochemical reported 9900 yuan/ton, down 400 yuan/ton; Pp/6535a/Formosa Plastics USA reported 10600 yuan/ton, up 200 yuan/ton; Pp/h030sg/India Xincheng reported 9250 yuan/ton, down 50 yuan/ton

the price of PP market in Shanghai is lower than that of last week. Early enquiries were OK, but actual transactions were rare. The downstream receiving is scarce, and the offer is forced to continue to decline. The market mentality is mainly stable and believes that the market has limited room for decline

the inquiry in Linyi PP market is light, and most merchants are pessimistic about the market this week, with heavy wait-and-see mood and mainly bearish. At present, the market supply is general, the demand is low, and the transaction is deadlocked. Reference quotation: Qingdao T30S offers 8950 yuan/ton, while Zhongyuan T30S offers 9000 yuan/ton, which needs to be eliminated by fine selling. There is a deal at a low price, and the above price does not include tax

the PP market quotation in Beijing fell slightly, the crude oil price fell slightly, and the demand atmosphere was light. The overall supply of goods in the market is acceptable, and the merchants with more goods continue 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 around Shenyang has light inquiries and low demand. At present, the downstream manufacturers are in a heavy wait-and-see mood, the market supply is not much, and the transaction is deadlocked. Reference quotation: the quotation of drawing T30S is 9350 yuan/ton

IV. manufacturer dynamics:

the listing price of PetroChina Huadong PP is stable today: drawing T30S is 9500 yuan/ton, v30g is 9450 yuan/ton, EPS30R is 9800 yuan/ton

Sinopec sells Wuhan Branch organic-inorganic composites. Domestically, according to the abolished 1997 standard, the material can be determined to be the fiber material produced by the PP unit of Luoyang Petrochemical, a non combustible A-level company. It continues to be listed for sale today: wire drawing F401 is at 9400 yuan/ton, fibers ys835, ys830, s are at 9400 yuan/ton, and j600 is at 9500 yuan/ton. The manufacturer's inventory is normal and sales are average

Jingmen Petrochemical PP plant produces wire drawing. The listing price is stable today: drawing T30S is 9300 yuan/ton, membrane T36F is 9350 yuan/ton, v30g/z30s is 9300 yuan/ton. Now the components in the manufacturer's library are often configured, that is, the mainframe of the experimental machine, microcomputer and printer are stored normally, and the sales are general

film material produced by Wuhan Fenghuang PP plant. Listed for sale today: drawing T30S is at 9400 yuan/ton, and membrane T36F is at 9400 yuan/ton. The manufacturer's inventory is basically normal, and the sales are average

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