On December 25, the domestic plastic market analysis summary
core tip: the market guidance given by oil price is limited. Supported by the tight market goods, the price trend is strong. The maximum number of cycles that metals actually pass under the fatigue limit is called the experimental base, but the end market demand is still rigid. Short term prices may be dominated by narrow range consolidation
[futures market]
US crude oil (7:52): Christmas closed
● international oil prices continued to rise on the 24th
the exchange rate of the US dollar against most major currencies fell on the same day, and the weakening of the US dollar increased the investment attraction of oil denominated in US dollars, helping international oil prices rise, and international oil prices continued to rise on the 24th. As of the close of the day, the price of light crude oil futures for February 2016 delivery on the New York Mercantile Exchange rose by $0.6 to close at $38.1 a barrel, or 1.6%. London Brent crude oil futures for delivery in February 2016 rose $0.53 to close at $37.89 a barrel, or 1.42%
[today's news]
● the output of plastic products in November fell by 1.26% year-on-year
the economic operation of China's light industry and the monitoring of the prediction and early warning system showed that in November 2015, the scale of the plastic products industry met that enterprises completed the output of 6.8627 million tons of plastic products, an increase of -1.26% year-on-year. From January to November, the output of plastic products of Enterprises above Designated Size in the plastic products industry was 67.8935 million tons, with a year-on-year increase of 0.61%
● PVC lawn manufacturer dura trelinc Expand production base
dura trelinc Is a manufacturer of PVC lawn and garden products, which recently tripled its production base in Sheboygan, Wisconsin. It is reported that dura trel rented another 1500 square feet on the basis of the existing 1500 square feet in 2015. In this expansion, dura trel will add 19 types of work, currently. The company has seen the growth of demand for greenhouses, tables, benches, planters and other similar products in its production line. These products are made of PVC
[Petrochemical trends]
● PE Petrochemical trends: Sinopec 300000 t/a HDPE unit produces hd5502w, and 300000 t/a LLDPE unit produces efg-35b
● PP Petrochemical trends: the new organic PP plant in Dalian (200000 tons) produces T36F; H39s-2 produced by the old plant (70000 tons); Another 50000 ton old device continues to stop, and there is no start-up plan for the time being
● PVC Petrochemical trends: Qilu Petrochemical's PVC quotation has been increased. The latest delivery of s700 is 5350 yuan/ton, and the delivery of S1000 is 5450 yuan/ton. There is no large single price, and some are sold in limited quantities
● PS Petrochemical News: the ex factory price of Tianjin rentai PS remains stable, with benzene 133 quoted at 8200 yuan/ton, and a solid offer discount of about 400 yuan/ton. The factory inventory is low and the shipment is average
● ABS Petrochemical dynamics: Sinopec's ABS pricing in South China remained stable, with Shanghai Gaoqiao 275 reporting 8800 yuan/ton, Shanghai Gaoqiao 8391 reporting 8800 yuan/ton, Shanghai Gaoqiao 8391b reporting 8800 yuan/ton, Shanghai Gaoqiao 8434 reporting 9000 yuan/ton, Shanghai Gaoqiao 3504 reporting 9400 yuan/ton. Generally, the measured force value will be larger than ton if the loading rate is too fast, and Shanghai Gaoqiao 3153 reporting 9500 yuan/ton
● pet Petrochemical trends: the price of Yizheng Chemical fiber polyester bottles and chips remained stable, with the quotation of 6100 yuan/ton for water bottle materials and hot filling materials, short delivery, and 100 yuan/ton for oil bottle materials and carbonic acid materials. There is a large amount to talk about, and there is some inventory
[early evaluation and prediction of plastics]
● PE early evaluation: yesterday, the market price was still rising, crude oil and linear futures rose, coupled with the small supply of circulating goods at the end of the month, some companies of PetroChina transferred out the factory price, the market support was strong, the cargo holders followed the market up and shipped, the downstream demand performance was flat, and the trading atmosphere remained in a depressed state. Reference to the market conditions of various places: the quotation in Tianjin market was strong, and the tax-free price of Shenhua 7042 was 8020 yuan/ton, Changzhou market quotation rose, Daqing 2426h reported about 9500 yuan/ton, Dongguan market sideways, Maoming tax-free 9100 yuan/ton
forecast today: it is expected that the market will continue to rise today
● PP morning review: yesterday, the market price was still higher, and crude oil and polypropylene futures rose, boosting the mentality. Individual companies of PetroChina and PetroChina transferred out the factory price. Most traders reported slightly higher prices for shipments, and downstream factories were not willing to take the initiative to receive goods. A single deal was negotiated. Reference to local market prices: Beijing market rose slightly, hupetrochemical T30S reported 6150 yuan/ton, Hangzhou market rose slightly, Daqing Refining and chemical T30S reported 6400 yuan/ton, The market price in Chengdu rose slightly, with Nanjing coal 1102k reporting 6300 yuan/ton
today's forecast: it is expected that today's market situation may still have upward space
● PVC early review: yesterday's market was stable and sorted out, and some quotations were up. Merchants have little pressure on shipping, so they mostly ship with them and wait-and-see the market. Downstream factories are cautious in purchasing, rigid demand is weak, and overall transactions are still few. After receiving the order through e-commerce platform or other channels, the market participating enterprises took the test: the Xiamen market rose slightly, and the Tianyuan 3 model was 5200 yuan/ton; Taizhou's market focus moved up, with Yushe 4750 yuan/ton; Shantou market is temporarily stable, and salt lake is expected to report 4900 yuan/ton for self delivery
today's forecast: it is expected that the market will stabilize today as the weekend approaches
● PS morning review: the market was sorted out individually yesterday, and the price moved slightly. The trend of raw material styrene is unclear, and there are few buyers. The merchants' shipment is weak, and the amount of interest is allowed to go at the end of the month. The enthusiasm of downstream factories to enter the market for procurement is not high, market transactions are limited, and the wait-and-see atmosphere is heavy. Market reference: Shantou market reference price rose, skg-118 rose 150 yuan to 7530 yuan/ton; The quotation in Ningbo market fluctuated slightly, and Leiden 525 was quoted at 7950 yuan/ton; The quotation in Beijing market has not changed much, and Panjin 825 is quoted at 7900 yuan/ton
today's forecast: it is expected that the market will adjust slightly today as the weekend approaches
● ABS morning review: most of the market prices stabilized yesterday, with some small movements. The inventory of the merchants is basically normal, the mentality is slightly general, the trading is mainly based on the market, and the transaction is weak. Downstream demand changes little, purchasing enthusiasm is weak, and the overall trading atmosphere is general. Quotation reference: Shunde's market quotation is mainly stable, with 757 units quoted at 8900 yuan/ton; The quotation in Dongguan market was stable and small, and Han 121h rose 100 yuan to 8600 yuan/ton; The quotation in Ningbo market rose steadily, with 0215a quoted 8900 yuan/ton
today's forecast: it is expected that the market price will narrow today as the weekend approaches
● early evaluation of PET bottles and chips: yesterday, the market price was strong, the rise of crude oil boosted the mentality, the ex factory price of some manufacturers increased, and the terminal demand support was insufficient. Downstream enterprises mainly purchased on demand, and the transactions were mostly small and medium-sized orders. Market reference: East China water bottle materials reported yuan/ton for self delivery, negotiated yuan/ton, South China reported yuan/ton for short delivery, negotiated to yuan/ton
today's forecast: it is expected that the market will remain stable today
● early review of pet waste recycling: yesterday, the market price was weak and downward, the price of wool bottles was difficult to close, the production enthusiasm of cleaning plants was reduced, and the cost side was difficult to decline, so the profit space was reduced, the number of chemical fiber plants with limited production and limited revenue was increased, the demand for recycled bottles and chips was suppressed, and the overall trading atmosphere was weak. Market reference: machine white chips in East China market were at yuan/ton
today's forecast: it is expected that the market situation will be deadlocked today
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