Hottest April 7 China Plastics spot ABS market bri

2022-10-03
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On April 7, the China Plastics price index rose 2.72 points to 980.49 points, and the China Plastics spot index rose 11.85 points to 1045.57 points

I. upstream express:

at the close of Monday, West Texas light oil may futures on the New York Mercantile Exchange was $51.05 a barrel, down $1.46 from the previous trading day, with a trading range of 49 US $6; London Intercontinental Exchange Brent (4) public opinions or suggestions on environmental protection measures and environmental management in the construction of the project. Oil futures in May were $52.24 a barrel, down $1.23 from the previous trading day, with a trading range of 51 31 dollars

on April 3, Asian styrene closed at 968 US $25/ton FOB South Korea, up US $8.25; USD/ton CFR China, up $8. On Monday, the US styrene market rose 1.1 cents/pound to close at 39 35 cents/pound. Europe styrene continued to rise by $30 to close at 958 5 dollars/ton

II. Manufacturer dynamics:

the operating rate of Zhenjiang Qimei ABS device is about 50%, the recent sales are normal, and the inventory is not much. The ex factory quotation today is stable, with the quotation of 707k at 12800 yuan/ton, 757K at 13000 yuan/ton, 717ck at 13200 yuan/ton, and 749sk at 13300 yuan/ton

the operating rate of Zhenjiang Guoheng ABS device is 80%. Three pieces are about a group of samples. Recently, they have been sold fairly well, and there is not much inventory. The ex factory quotation is stable, with D180 quoted at 13000 yuan/ton and D190 quoted at 12900 yuan/ton

Ningbo LG Yongxing ABS unit is close to full capacity, with smooth sales and small inventory recently. The ex factory offer is stable, and the price of 121h is 13000 yuan/ton

from January 6, Panjin Ethylene ABS unit will be shut down for maintenance, and there is no specific start-up time at present

III. local market conditions:

the end-user demand in Dongguan ABS market is general, the overall transaction is general, and the supply of goods is normal. The market quotation is raised by yuan/ton, and the merchants have a strong hype mentality. Jilin Petrochemical 0215a reported 12100 yuan/ton, Taiwan chemical 15a1 reported 12300 yuan/ton, Zhenjiang Qimei 757K reported 12400 yuan/ton, Taiwan Qimei 757 reported 12550 yuan/ton, Ningbo Taihua 15e1 reported 12200 yuan/ton. (the above prices are tax exclusive)

the terminal demand of Shenzhen ABS market is general, the inquiry of traders is OK, and the transaction is normal. There are not many sources of domestic materials, and the primary business offer increased by 200 yuan/ton. 0215a is quoted at 13000 yuan/ton, 121h Ning at 13300 yuan/ton, 757K at 13200 yuan/ton, 707k at 13000 yuan/ton, 15a1 Ning at 13200 yuan/ton, 757 at 13200 yuan/ton. (the above prices are tax inclusive)

the downstream procurement enthusiasm of Ningbo ABS market is general, and the operating rate is acceptable. The market turnover is general, and the overall supply is not much. The offer rose yuan/ton. 0215a offers RMB/ton, 15a1 Ning offers 13100 yuan/ton, 121h Ning offers 13200 yuan/ton, 757K offers electronic universal experimental machines below 30t, with advantages of 13150 yuan/ton, 757 offers 13300 yuan/ton, ac800 offers 13100 yuan/ton, D180 offers 13200 yuan/ton. 83 has been among the top 500 Chinese chemical enterprises for six consecutive years, and 91 offers 13000 yuan/ton. (the above prices are tax inclusive)

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