Yuyao Plastic Raw Material Quotes

Last week (September 13-17), the plastic raw material market in Yuyao China Plastics City rose steadily, with little change in transactions. In the current period, the upstream market was highly volatile, and domestic petrochemical companies' prices were generally stable, and some were adjusted upwards, which played a certain role in supporting the market. However, as the “Mid-Autumn Festival” and “Eleventh” approaches, the festive atmosphere in the market is becoming more intense, and the concentrated purchases that are expected by the public are not obvious. In addition, the trends in the later period remain to be clear, and the enthusiasm of the merchants and downstream factories entering the market is not high, so the overall transaction is It is difficult to effectively improve. According to the analysis of related parties, due to the weak transaction restrictions, apart from some tightly-stocked products, the overall market is difficult to break through. It is expected that the pre-holiday market may not have significant changes, and the narrow consolidation will still be the main trend.

The market for low density polyethylene is relatively good, and the market is slightly higher. At the end of the week, the mainstream quotes for film materials were generally in the range of RMB 11500 to RMB 11,800 (t price, the same below), rising by RMB 50-250. Affected by the increase in upstream costs and the increase in the proportion of petrochemical companies, and the possibility of staged restocking before the holiday, the current market mentality is slightly better than the previous period. However, the lack of terminal demand is unlikely to improve in the short term.

Linear low-density polyethylene (LDPE) is stable and the market is firm. Last weekend, the mainstream offer was between 10,000 and 10,350 yuan. Affected by poor transactions, the current market is difficult to improve. Although crude oil and monomer both recovered in the current period, due to the lack of active purchases from downstream factories, the trading atmosphere was sluggish and the market was difficult to break.

High-density polyethylene is generally stable, with some minor adjustments. At the end of the week, the mainstream price of wire drawing materials was between RMB 10,800 and RMB 1,1200, with low-end stability and high-end price rising by RMB 200. The mainstream price of injection molding materials was RMB 9700 to RMB 10,250. The mainstream price of film materials was quoted at RMB 9600 to RMB 10,800. The mainstream price of blank materials was quoted at RMB 9800. 12,000 yuan. Drawing/injection/film materials are mainly stable, and hollow materials are mixed. In view of the current high cost and external disk prices, and the fact that the overall social inventory is not high, individual petrochemical companies have slightly raised the ex-factory price, but the actual transactions have not been outstanding.

The polypropylene market is still difficult to emerge from consolidation. At the end of the week, the mainstream quotes for homopolymer wire drawing/injection molding were between 10,700 and 10,950 yuan; domestic copolymers were at 11,350 to 12,400 yuan; imported copolymers were at 11,700 to 12,700 yuan, up 100 yuan; and monofilament powder was 10,800 yuan. The basic pattern of the market has not changed significantly in this period. Since the cost is still high, most petrochemical companies maintain their price stability. Although the downstream market is at a time of traditional demand, plant procurement remains normal and there are no signs of heavy volume transactions.

PVC prices generally rose and the transaction performance was poor. At the end of the week, the mainstream price of ethylene powder for general use was in the range of 7900 to 8,000 yuan, which generally rose by 200 yuan. Supported by rising costs, manufacturers generally raised the ex-factory price. Some market prices continued to rise slightly, but the difficulty of increasing demand for terminals also increased. The turnover was always unsatisfactory, the overall social inventory was not high, and the traders’ mentality was relatively stable.

Polystyrene prices rose steadily, and transactions remained quiet. Last weekend, general-purpose mainstream quotes were at 10,300 to 10,800 yuan, and the low end was up 50 to 100 yuan, while the high-end segment was stable. High-impact-level mainstream quotes were at 11,500 to 12,500 yuan. The current market fundamentals have not changed much from the previous period. On the one hand, high-performance styrene monomer, petrochemical companies quoted strong, play a certain role in supporting the market; on the other hand, end-users continue to maintain the operating mode of on-demand procurement, the actual transaction deserted, the market is better resistance to resistance.

ABS resin market trend is still acceptable, some prices continue to rise. Last weekend, the mainstream domestic ABS quoted at 16900 to 17200 yuan, imported ABS quoted at 16900 to 17200 yuan. Although there was no sign of improvement in the transaction area, the overall operating rate of the downstream factories was low, and the demand for heavy demand was evident. However, due to the strong upstream support and the tight supply of some varieties, most traders were unwilling to ship at low prices and were generally held to the market. Be cautious and optimistic.

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