- Detail

In the short term, the overall market of ABS plastic raw materials is mainly stable

. Meanwhile, the downstream demand continued to be poor, and the overall trading atmosphere of the market remained light. It is expected that the overall market will stabilize in the short term, with some minor adjustments

the overall market of ABS plastic raw materials in the short term is mainly stable.

ps market is generally stable, with some small declines. The downstream factories received a small amount of goods, and the traders shipped goods according to the market, but the actual transaction was not much

brief introduction to the upstream market

crude oil futures prices fell on Monday. WTI crude oil October futures in the United States fell $0.66, or 1.39%, to $46.98/barrel on Monday. Brent crude oil futures for October ended down $0.66, or 1.32%, at $49.26/barrel

on Monday (August 29), the market price of styrene in Asia was mixed, and the FOB South Korea price fell by US $1 to close at US $per ton; CFR China prices rose $2 to close at USD/ton

local market prices

market quotations are stable and small, downstream demand is still flat, and the wait-and-see atmosphere is strong

a few ABS markets in Yuyao are slightly soft, and most prices are temporarily stable. Middlemen have a poor mentality. There is little room for negotiation on actual shipments, and the transaction is weak. Most of the supply is normal

the ABS market in Dongguan is partially weak, and the negotiation is deadlocked. Considering the high cost of replenishment, the margin of profit transfer of some supply sources is limited. The supply of most goods is stable, and the market digestion speed slows down

the PS market in Yuyao is stable and dynamic, and the trading atmosphere is weak. The market inventory is low, the cost support is acceptable, and the traders' offer is stable. However, the pressure of shipment at the end of the month was large, and the buying was flat, and the focus of some brands weakened slightly

some of Dongguan PS market fell in a stable manner, with a drop of less than 50 yuan/ton, and the atmosphere was still weak. Although the ex factory price of PS such as Guangzhou Petrochemical is stable, the downstream demand is weak. At the end of the month, merchants are under pressure to sell goods, and there are many cases of profit making shipments

in terms of the latest quotation

Petrochemical quotation

CNPC East China ABS pricing stabilized, with the price of 0215a 11000 yuan/ton, 0215h 11000 yuan/ton, 750A 11000 yuan/ton, 0215asq 11050 yuan/ton and GE150 10950 yuan/ton. The recent shipment is stable and the inventory is not large

CNPC South China ABS pricing stabilized, with the price of 0215a at 11200 yuan/ton, 150 at 11200 yuan/ton, 750asq at 11200 yuan/ton, and 0215h at 11200 yuan/ton. Inventory is not high, shipment is OK

PetroChina Southwest Company maintained the stability of PS pricing of Dushanzi petrochemical, reporting 9300 yuan/ton for benzene penetration 500 and 9400 yuan/ton for benzene conversion HIE. The inventory is low, and the recent shipment is normal

PetroChina North China branch has a stable listing price for Dushanzi Petrochemical PS, which is 9300 yuan/ton for benzene penetration 500, 9200 yuan/ton for 500N, 9250 yuan/ton for 500nt, and 9500 yuan/ton for benzene HIE. This is the price of Tianjin warehouse. The prices of Beijing warehouse, Hebei warehouse, Shanxi warehouse and Henan warehouse are the same as those of Tianjin warehouse. As we are composite engineers, Shandong warehouse and Wuhan warehouse are 30 yuan/ton higher than Tianjin warehouse

mall quotation

by the end of 15:00, the quotations of some brands of China Plastics' spot ABS had been mixed, and the bending degree of different diameters could be equipped between yuan/ton, of which 0215a/Jilin Petrochemical was at least 11300 yuan/ton (down 50), 8434b/Huajin Chemical was at least 11000 yuan/ton (up 200), and ag15e1/Ningbo Taihua was at least 11450 yuan/ton (down 150), Dg-417/Tianjin Dagu reported a minimum of 10900 yuan/ton (the cross-section coefficient of the calculation pattern is calculated by using the minimum value of the average value of the beads measured at three places). Pavesta's extensive silicon production capacity and deep expertise in the field of precision thermoplastic extrusion can complement Lubrizol's business -757/Taiwan Qimei reported a minimum of 11650 yuan/ton (down 50)

as of 15:00, the quotation of individual brands of hips in China Plastics' spot increased by 300 yuan/ton, and the lowest quotation of ph-88/Zhenjiang Qimei was 10300 yuan/ton. The quotation of some GPPS brands in the spot of sinoplastics increased by yuan/ton, of which gpps-500/Dushanzi Petrochemical was the lowest reported at 9500 yuan/ton (up 100), and pg-33/Zhenjiang Qimei was the lowest reported at 9750 yuan/ton (up 50)

aftermarket forecast

the market transaction is still relatively general, mainly on the sidelines, the overall receipt is relatively small, and the general procurement is maintained. The traders' enthusiasm for operation is not high, and the market performance is average. It is expected that the overall market will stabilize in the short term, with some minor adjustments

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