Analysis on the price of plastic raw material PP o

On February 3, the price analysis of plastic raw material PP

I. brief introduction of the market

the long holiday is coming, the trading volume of PP market turns light, and the market is mainly stable. Some downstream factories have been closed for holidays. Traders have few resources in their hands, and their mentality is still peaceful. They do business as soon as possible, and are no longer eager to ship goods

however, there are two weaknesses from lithium battery. Second, a brief introduction to the upstream market. The deformation of the sample can be obtained in the crude oil period on Tuesday. The price of goods fell. The price of light and low sulfur crude oil futures contract delivered in March fell by $1.74, or 5.5% to $29.88 a barrel, based on the strong relationship between New York Mercantile Exchange and research institutions, universities, enterprises and scientists, London Intercontinental Exchange (ice) global benchmark Brent crude oil futures contract for April delivery fell $1.52, or 4.4 percent, to $32.72 a barrel

on Tuesday (February 2), FOB propylene prices in South Korea rose $5 to 574 5 dollars/ton

III. local market conditions

market prices are stable and small, and transactions are general

the PP quotation in Yuyao market was slightly adjusted, the market trading atmosphere was light, and the trading decreased. The factories were on holiday one after another, and traders accompanied them to make quotations and negotiate transactions

the price of PP in Chongqing market was adjusted in a narrow range, the downstream factories left the market one after another, and the market trading was light

the price of PP in Shunde market is not much, and the supply of goods is general. Most businesses in the market have holidays, trading activities are reduced, and trading is deadlocked

IV. the latest quotation

1. Petrochemical quotation

PetroChina South China PP pricing is stable, S1003 (Dushanzi Petrochemical) is reported at 6650 yuan/ton, l5e89 (Sichuan Petrochemical) is reported at 6600 yuan/ton, and v30g (Daqing Refining and chemical) is reported at 6800 yuan/ton

PetroChina northeast lowered the price of PP, l5e89 (Fushun Petrochemical) fell 100 yuan to 6200 yuan/ton, T30S (Daqing Petrochemical) fell 100 yuan to 6300 yuan/ton, and T30S (Daqing Refining and chemical) fell 100 yuan to 6300 yuan/ton

the pricing of PetroChina Huabei PP is stable, h9018 (langang petrochemical) is reported at 7050 yuan/ton, T30S (Daqing Refining and chemical) is reported at 6350 yuan/ton, and EPS30R (Dushanzi) is reported at 7450 yuan/ton

2. Mall quotation

as of 15:00, the quotations of some brands of PP in the spot of sinoplastics were mixed, with a range of yuan/ton, of which k8003/Dushanzi Petrochemical was at least 8200 yuan/ton (down 300), k8303/Yanshan Petrochemical was at least 8550 yuan/ton (down 350), t30s/Zhenhai Refining and chemical was at least 6650 yuan/ton (up 50), t30s/Daqing Refining and chemical was at least 6650 yuan/ton (down 50)

five is not simply the reduction of charge items, the decline of charges, and the future market forecast

as the downstream gradually leaves the market for the Spring Festival, the market trading is becoming increasingly sparse, and most traders ship slowly, and the follow-up of offers is limited. It is expected that the PP market before the festival will be dominated by a smooth transition and will not change much