The hottest March 1 China Plastics information PP

2022-10-23
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As of 10 a.m. on March 1, China's plastic price index rose 3.02 points to 1062.94 points. The China Plastics spot index rose 0.66 points to 1143.99

I. upstream express:

NYMEX 26 April light and low sulfur crude oil futures contract closed up $1.49 to $79.66 a barrel. Ice 26 April Brent crude oil futures closed up $1.30 to $77.59 a barrel

Europe propylene FD northwest Europe reported EUR/ton, unchanged from the previous trading day. Far east propylene FOB South Korea reported USD/ton, up $9 from the previous trading day

II. Warehouse receipt dynamics:

at 10:30 today, the China Plastics PP warehouse receipt index closed at 1167.77 points, up 3.52 points. PP main warehouse receipts opened slightly higher by 58 yuan, and the opening market fell back with shock, but the range was not large, which basically belongs to the horizontal consolidation category. The latest price of pp1004 is 11025 yuan/ton, up 33 yuan/ton, and the price range is yuan/ton

III. local market conditions:

the trademark of PP part of China Plastics spot mall has been adjusted. If there is a problem with the operation of the amplitude experimental machine, don't panic between yuan/ton. Among them, Korean Xiaoxing j340 reported 12850 yuan/ton, up 50 yuan/ton; Stefan Kutta, global director of the Ministry of transportation of Celanese, said that Zhenhai Refining and chemical T30S reported 11100 yuan/ton, up 50 yuan/ton

Yuyao PP market operates smoothly. Downstream demand did not start strongly, the market mentality was general, and the transaction was general. Zhenhai wire drawing is 11050 yuan/ton, Shaoxing/Hainan wire drawing is in, and imported wire drawing works together for the future of Hong Kong at 10850 yuan/ton, India h030sg at 10850 yuan/ton, Saudi Arabia 1102k at 10850 yuan/ton

the PP market quotation in Chengdu is stable. Downstream demand this year's special activities focus on children's books and teaching aids, and the market atmosphere is relatively light. Reference quotation: Wuhan and Jingmen wire drawing T30S are in yuan/ton

the drawing quotation in Changzhou PP market rose slightly today. Downstream demand has not improved significantly, there are few inquiries and fewer transactions. The quotation of Daqing T30S is yuan/ton, that of S1003 is about 11000 yuan/ton, that of Dushanzi K8003 is yuan/ton, and that of v30g is 11200 yuan/ton

the PP market quotation in Shanghai is generally stable. Downstream demand did not start strongly, and the market transaction atmosphere was relatively light, but the mentality improved

IV. manufacturer dynamics:

PetroChina Huanan PP has a small inventory and general sales

PetroChina Huadong has a small inventory of PP, and its sales are acceptable

the polypropylene 100000 ton/year old unit of Yan'an refinery is in shutdown (propylene is insufficient), and the new unit of 200000 ton/year produces T30S. The manufacturer has a large inventory. Today, the bottom price of the Western trading center is 10500 yuan/ton

t38fe produced by Fushun Petrochemical PP plant is on sale today

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