A brief introduction to the spot PP market of sino

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As of 10 a.m. on September 2, 2009, China's plastic price index fell 6.24 points to 975.09 points. The China Plastics spot index fell 1.71 points to 1039.04

I. upstream express:

WTI crude oil on the New York Mercantile Exchange fell $1.91/barrel to $68.05/barrel. Brent crude oil fell $1.92 per barrel to $67.73 per 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 2.5 USD/ton from the previous trading day. Second, warehouse receipt dynamics:

at 10:30 today, the China Plastics PP warehouse receipt index closed at 1063.87 points, down 11.44 points. PP main warehouse receipts closed low and fell rapidly, and then entered the consolidation range, with a small range. The trading volume decreased compared with the previous trading day. The latest price of pp0910 is 9585 yuan/ton, down 103 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/hj500/South Korea SamSung news was 9950 yuan/ton, up 150 yuan/ton; Pp/t30s/Shaoxing Sanyuan reported 9600 yuan/ton, down 260 yuan/ton; Pp/h030sg/India good faith news 10100 yuan/ton, up 400 yuan/ton; Pp/t30s/Lanzhou Petrochemical reported 9600 yuan/ton, down 150 yuan/ton; Pp/6535a/Formosa Plastics USA reported 10600 yuan/ton, up 100 yuan/ton; Pp/f401/Yangzi Petrochemical reported 10200 yuan/ton, down 100 yuan/ton

the market quotation of Yuyao PP continued to decline. The market transaction continues to be deadlocked, and the seller's wait-and-see intention to receive goods is very weak. The market mentality is poor, mainly low-cost shipments, mainly pessimistic about the future market

the PP market around the Central Plains continued to decline. There are not many market resources, and the price is supported to a certain extent. However, due to the dismal demand, the offer still fell slightly. The market mentality is poor, mainly pessimistic in the future. In terms of current price: the tax exclusive price of Zhongyuan T30S is about 9150 yuan/ton

the quotation of PP market in Tianjin declined, and the market selling mentality increased. The mentality is pessimistic, the demand is still low, and the transaction is deadlocked. The market transaction price has little room for negotiation. The market supply is acceptable, and the downstream demand is mainly on the sidelines

the PP market in Linyi is not popular, and there are few inquiries in the morning. Affected by the decline of crude oil, the panic mentality has intensified. Downstream manufacturers are mainly bearish, with low demand, slightly lower quotation, general market supply and scarce transactions. Reference quotation: Qingdao T30S quotes 9300 yuan/ton, Zhongyuan T30S quotes 9300 yuan/ton, and the above prices do not include tax

IV. manufacturer dynamics:

T30S produced by Shaoxing Sanyuan PP plant. Listed for sale today: drawing T30S is at 9900 yuan/ton, and film material f280f is at 9900 yuan/ton. The manufacturer's inventory is not large, and the sales are normal

PP unit of Zhenhai Refining and Chemical Co., Ltd. produces T30S. The listing policy is implemented today: the drawing T30S is at 9900 yuan/ton, and the film material f280 "Z is at 9900 yuan/ton. The manufacturer has too much inventory, and the sales are OK

the delivery price of Shanghai Secco PP to the factory is 100 yuan/ton higher than the above price. (the design capacity of PP plant is 250000 tons/year)

film material produced by Wuhan Fenghuang PP plant. Listed for sale today: drawing T30S is at 9900 yuan/ton, and membrane T36F is at 9950 yuan/ton. The manufacturer has a little more inventory and average sales

note: this reprint is for the purpose of transmitting more information. It can be divided into hydraulic cementitious materials and non hydraulic cementitious materials, which does not mean to agree with their views or confirm the authenticity of their contents

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