Summary of spot PP market of sinoplastics on July

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On July 23, 2009, China Plastics spot PP Market Overview

China Plastics price index closed at 977.82 points, up 0.91 points. The China Plastics spot index fell 0.07 points to 1010.8 points

I. upstream express:

WTI crude oil on the New York Mercantile Exchange fell $0.21/barrel to $65.4/barrel. Brent crude oil rose 0.34 USD/barrel to 67.21 USD/barrel

Europe propylene FD northwest Europe reported EUR/ton, unchanged from the previous trading day. Far east propylene monomer FOB South Korea reported USD/ton, up $15/ton from the previous trading day

II. Warehouse receipt dynamics:

at 10:30 today, the China Plastics PP warehouse receipt index closed at 1100.04 points, up 1.78 points. PP main warehouse receipt contracts opened flat and extended, generally in an upward consolidation state, with large fluctuations and less trading volume, slightly increased compared with the same period of the previous trading day. The latest price of pp0909 is 9835 yuan/ton, up 17 yuan/ton, and the price range is yuan/ton

III. local market conditions:

the listing price of the main brand of China Plastics spot Mall () PP is mainly adjusted upward. Among them, pp/1040f/Formosa Plastics Ningbo reported 9950 yuan/ton, up 50 yuan/ton; Pp/m8025/Taiwan chemical fiber reported 12500 yuan/ton, up 1900 yuan/ton; PP/EPS30R/Daqing Refining and chemical reported 10600 yuan/ton, up 100 yuan, so as to achieve a wide range of conditioning/ton from 0, 001 to 500mm/min; Pp/t30s/Zhenhai Refining and chemical reported 10040 yuan/ton, down 60 yuan/ton; Pp/m500r/Shanghai Petrochemical reported 10850 yuan/ton, down 50 yuan/ton

the market price of Linyi PP is stable, the supply volume is general, the trading volume is light, and the market is in a dilemma. For reference, the quotation of Zhongyuan T30S is yuan/ton excluding tax

Yuyao PP market held steady today. Downstream demand is bleak, and the intention to receive goods is still weak. The atmosphere in the morning was weak and the transaction was not good

PP around the Central Plains is mainly stable today. The supply of goods in the market is still small, and there is no significant change in all parties. The inquiry in the morning is general, and there are not many transactions. In terms of quotation: the price excluding tax of Zhongyuan Petrochemical T30S is about 9050 yuan/ton at the bell ringing ceremony, and the price including tax is about 9500 yuan/ton, which is for reference only

Shunde PP market quotation is mainly stable, and the market transaction is deadlocked. The morning trading atmosphere is general, the market mentality has slightly weakened, it is difficult to conclude transactions at high prices in the market, and there is a strong wait-and-see atmosphere. Downstream factories have light inquiries and few transactions

IV. manufacturer dynamics:

the old Fujian United PP plant was shut down for maintenance on July 17, and has not been started yet. The new 400000 ton plant is currently in trial operation, producing 1080k wire drawing materials

the PP unit of PetroChina Jinxi Petrochemical started its trial run in late June. At present, the unit produces 1102k. The device adopts gas-phase polypropylene technology, and abb is the technical supplier of Jinxi polypropylene project. The design capacity is 150000 tons/year

and added rare earth nano material film material produced by PP unit of Jingmen Petrochemical. The listing price is stable today: drawing T30S is at 9900 yuan/ton, and membrane T36F is at 9950 yuan/ton. The manufacturer's inventory is normal and sales are average

the PP unit of Zhongyuan Petrochemical produces T30S, and the listing price is stable today: T30S is 9900 yuan/ton. The manufacturer's granular material inventory is not large, and the sales are average

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