Brief introduction to the spot PP market of sinopl

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As of 10 a.m. on August 12, 2009, China's plastic price index rose 2.44 points to 1026.14 points. The China Plastics spot index fell 0.04 points to 1047.92 points

I. upstream express:

WTI crude oil on the New York Mercantile Exchange fell $1.15/barrel to $69.45/barrel. Brent crude oil fell $1.04 per barrel to $72.46 per barrel

Europe propylene FD northwest Europe reported EUR/ton, unchanged from the previous trading day. Far east propylene monomer FOB South Korea reported US dollars/ton, up 13.5 US dollars/ton from August 7

second, Dow DuPont is only a temporary consortium. Warehouse receipt dynamics:

at 10:30 today, the China Plastics PP warehouse receipt index closed at 1164.27 points, up 4.06 points. PP main warehouse receipt contracts opened higher, rose higher, fell back after the prospect was very decadent, and entered the state of shock consolidation, with large fluctuations during the period. The trading volume decreased slightly compared with the same period of the previous trading day. The latest price of pp0909 is 10340 yuan/ton, down 6 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 rose and fell. Pp/f401/Yangzi Petrochemical reported 10600 yuan/ton, down 150 yuan/ton; PP/M1600/Korean Hyundai news 11150 yuan/ton, up 100 yuan/ton; Pp/j340/Yangzi Petrochemical reported 11200 yuan/ton, up 100 yuan/ton; Pp/s1003/Shanghai Secco reported 10300 yuan/ton, down 50 yuan/ton; Pp/t30s/Zhenhai Refining and chemical reported 10350 yuan/ton, up 50 yuan/ton

the PP market situation in Hangzhou declined slightly, crude oil fell continuously, and the mentality of merchants weakened. Merchants responded that the shipment was not smooth, but there was little room for negotiation of the transaction price. The mainstream quotation of domestic T30S is at yuan/ton, and the quotation of low melting copolymer EPS30R is slightly higher at 10800 yuan/ton. The downstream demand is mainly wait-and-see, and there are few transactions

the supply of wire drawing in the PP market of Qilu Chemical City is small, and the quotation is stable. The news of petrochemical listing weakens the market mentality. The enthusiasm of the market for shipping has increased, and the downstream demand for goods is not assured that everyone knows more. This morning, the merchants' purchase intention for low-cost sources was acceptable, while the transaction of high-cost sources was poor

the mentality of Tianjin PP market has weakened, and the petrochemical listing policy has made the market demand fall into wait-and-see. The quotation of the merchants has not changed much. The enthusiasm of the merchants to ship goods this morning is OK, and the transaction is difficult. The transaction price has little room for negotiation, and the downstream is mainly on the sidelines. The market supply is acceptable, and there is no transaction at the high level

Shanghai PP market continued to decline with low noise today. The transaction atmosphere was as bleak as ever, and the high price supply was rejected, and the business quotation continued to decline. However, the market mentality is acceptable, and it is generally believed that the market will not have much room for decline

IV. manufacturer dynamics:

Sinopec Sales Wuhan Branch Luoyang Petrochemical PP plant produces fibers. After the price was increased by 100 yuan today, the listing policy was implemented: wire drawing F401 was at 10100 yuan/ton, fiber ys835, ys830, s was at 10100 yuan/ton, and j600 was at 10200 yuan/ton. The manufacturer's inventory is normal

Hunan Changsheng PP plant produces film material T38F. The manufacturer doesn't have much inventory

Yangzi Petrochemical PP plant line a today produces F401, line B produces j340, and the new line produces K8003

Liaoyang Petrochemical PP plant produces 71735. Today, the ex factory price is stable: drawing 5004 is at 10200 yuan/ton, fiber 71735 is at 10200 yuan/ton; Fiber 70318 is at 10200 yuan/ton, and coating material 70126 is at 10200 yuan/ton. The manufacturer's inventory is normal, and the sales are OK

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