The Selling Situation of Plastic Raw Materials in Domestic Market
Today, the domestic market of plastic raw materials roughly as follows: As at 15:00 on January 30 China Plastics Price Index reported 829.49 points, down 3.74 points; Global stock index was 1001.62 points, down 1.27 points.
After repeated Thursday intraday volatility in international oil prices closed higher. US initial jobless claims fell to a low of nearly 15 years, international oil prices, on Thursday (January 29) New York Mercantile Exchange West Texas light oil in March 2015 futures settled at $ 44.53 a barrel, compared with the previous day rose $ 0.08; London, Brent crude oil in March 2015 futures settled at $ 49.13 a barrel, compared with previous trading day up $ 0.66.
A, PE market
PE market dull atmosphere, offer partial continued to fall. Near the end, the pressure is not the business plan, in addition to wait outside, are focusing attention on a new pricing policy petrochemical February. Downstream plant procurement efforts to weaker demand shrinking. Mainstream market price: LDPE: 9400-10000 Yuan / ton, LLDPE: 9000-10400 Yuan / ton, HDPE: drawing materials 9300-9500 Yuan / ton, injection molding 9000-12200 Yuan / ton, film material 9650-12500 Yuan / ton, hollow material 9150-11650 Yuan / ton.
Global stock Mall midday today LLDPE prices remained stable, listing the situation is basically stable, individual reduce the number listed. Traders’ peace of mind, more stable pricing terms. HDPE more stable market trend, listing the situation is basically stable, individual reduce the number listed. Traders mentality more peaceful, stable and offer individual terms Change.
Two, PP market
PP market remained stable; the business continues to plumb a strong contradiction. Plus most of the northern region currently has snow; transportation is affected, limited resources over the latter part of the north, so the low inventory levels, prices are expected to gradually stabilize. If there are more businesses stocking pre-holiday market, do not rule out a slight market rally. Now Domestic Drawing / injection molding 8200-10600 Yuan / ton, made copolymer material 8900-10200 Yuan / ton, import copolymer material 9200-12600 Yuan / ton, monofilament powder 9500 Yuan / ton.
Global stock Mall midday today PP market trend is relatively stable, listing the situation is basically stable, individual reduce the number listed. Traders mentality more peaceful, stable and offer few aspects of ups and downs.
Three, ABS market
Individual brands offer abs market generally stable. Due to lack of market support efforts, the lack of market confidence, turnover is difficult to heavy volume, traders wait and see, exercise caution. So far the mainstream domestic ABS latest offer for 11400-12800 Yuan / ton, imported ABS offers mainstream 12600-15500 Yuan / ton.
Listing the situation is basically stable, individual increase the number listed. Traders’ mentality more peaceful, stable and individual quote aspect fall.
Four, PVC market
PVC market continues to plumb, no significant improvement in trading. Businesses offer passive, weak downstream demand, procurement still cautious. Currently vinyl material quoted in the mainstream 6000-6050 Yuan / ton, 5 type electric stone mainstream offer in 5350-6000 Yuan / ton, firm turnover can be discussed.
Five, PS market
PS market continues to weaken; partial offer is still slightly lower. Downstream demand procurement, poor performance of the overall market trading, there is still no clear signs of improvement in the near future. The latest offer for GPPS mainstream 8400-9600 Yuan / ton, HIPS mainstream quoted at 9450-10100 Yuan / ton.