HC Plastics News: Core Tip: The raw material market is boring, the market is generally down, the market sentiment is relatively low, and the market is mostly bearish, so that the profit is obvious. The downstream factories are not in a good mood, and manufacturers are waiting for further price cuts.
[Futures market]
US crude oil (7:50): 66.35 rose 0.47
â— International oil prices closed higher on the 23rd
According to media reports on the same day, Saudi Arabian energy officials said that OPEC members need to continue to supply supply restrictions with Russia and other non-OPEC oil producers in 2019 to reduce global oil inventories. International oil prices closed on the 23rd. rise. As of the close of the day, the light crude oil futures for May delivery on the New York Mercantile Exchange rose $1.58 to close at $65.88 a barrel, or 2.46%. London Brent crude oil futures for May delivery rose $1.54 to close at $70.45 a barrel, or 2.19%.
[Today's News]
â— Sports brands find new ways to waste plastics
Recently, a German sports brand Adidas used the waste plastics to make sports shoes. It is understood that the raw materials used by Adidas to make sports shoes are waste plastics from the sea. Adi hopes to reuse the waste plastics, making people realize that waste plastics can also create value and reduce environmental pollution and damage.
â— Ten plastic toys plasticizers exceeded the standard
The Beijing Municipal Administration of Industry and Commerce recently notified 37 unqualified toys to be removed from the city. Among them, 10 plasticizers exceeded the standard. Long-term exposure may affect children's physiological functions and hormone secretion. The Trade and Industry Bureau has punished the seller of unqualified goods.
[Petrochemical News]
â— PE petrochemical dynamics: Maoming Petrochemical 1# high pressure device produces 951-050, 2# high pressure device produces 2426K; full density device has been converted to DFDA7042; high density device has been converted to HHM5502LW.
â— PP petrochemical dynamics: Shaoxing Sanyuan PP old plant (capacity of 200,000 tons / year) production Y26SY; new installation Shaoxing Sanjin (300,000 tons / year) from March 23 to stop maintenance, expected 7-10 days.
â— PVC petrochemical dynamics: Hebei Shenghua PVC plant started normal, the price is raised 50 yuan / ton, the current calcium carbide method 5 type material implementation 6250 yuan / ton acceptance, 3 type implementation 6380 yuan / ton acceptance, the current exchange rate is 90 yuan / ton, the actual The deal can be discussed.
â— PS petrochemical dynamics: Guangzhou Petrochemical PS factory price cuts, 525 reported 10,550 yuan / ton, GH660 reported 11,350 yuan / ton.
â— ABS petrochemical dynamics: Sinopec East China lowered the ABS listing price of Gaoqiao Petrochemical, 275 lowered 250 yuan to 13150 yuan / ton, 8391 lowered 400 yuan to 15000 yuan / ton, 3504 lowered 400 yuan to 15700 yuan / ton, 8434 lowered 400 yuan To 15,700 yuan / ton.
â— PET petrochemical dynamics: Zhejiang Wankai polyester bottle price is lowered by 50 yuan / ton, water bottle material, hot filling, oil bottle material reported 8500 yuan / ton from mentioning, carbonic acid high 100 yuan / ton, the actual single details.
[Plastic early evaluation and prediction]
â— PE early evaluation: The market fluctuated slightly on Friday, and trading was still cautious. Linear futures opened lower and fell sharply. Some petrochemicals lowered their ex-factory prices. The market was pessimistic. Some traders followed the decline, shipments were blocked, actual transactions changed little, and the deal focused on negotiations. The terminal inquiry intention is not high, and the purchase is mainly based on demand. Quotes: Lanzhou market is slightly organized, Lanhua 2426H reported 9450 yuan / ton; Xiamen market offer weak, Fulian 7042 reported 9200-9250 yuan / ton; Nanjing market weak consolidation, Yangtze 5000S sent to report 10,800 yuan / ton.
Today's forecast: Market prices are expected to change little at the beginning of the week.
â— PP early evaluation: last Friday, the market price fell mainly, ranging from 50-100 yuan / ton, Trump announced the tax increase plan for China's goods, polypropylene futures fell sharply, the industry's mentality is pessimistic, the spot market is under pressure, Some traders closed up and watched, the seller's market willingness to ship decreased, and the downstream factory's enthusiasm for enquiry was acceptable, but the market was lightly driven by the buying and selling, and the market price reference: Hebei market weakly sag, Shenhua L5E89 Reported 8450 yuan / ton; Wuhan market price consolidation, Jingmen Petrochemical T30S reported 8500 yuan / ton; Shantou market prices fell, Fujian joint 1080K reported 7950 yuan / ton.
Today's forecast: It is expected that the market is still weak today.
â— PVC early evaluation: Last Friday, the market price went up and down, with a price increase of 50-100 yuan. Affected by the sharp decline in futures, the spot market sentiment was greatly affected, the volume of transactions declined, traders waited and watched carefully, the downstream factories had limited operating load, and the resource consumption capacity was weak, and the actual transaction did not improve significantly. Quotes: Hangzhou market offer narrowed downwards, Salt Lake / Sanlian 6200 yuan / ton; Qilu Chemical City market rose slightly, Qilu S1000 reported at 6520 yuan / ton from; Guangzhou market offer a narrow range of changes, Haijing 1000 packets Reported 6620 yuan / ton.
Today's forecast: It is expected that the market price will be stable at the beginning of the week.
â— PS early evaluation: The market continued to decline last Friday, and the atmosphere of negotiations was quiet. Affected by the general decline in the stock market and commodity futures, the market risk aversion has warmed up, merchants continue to let profits go, and some offers are lowered. Downstream demand is sluggish and procurement is poor. Market Quotes: Some quotes in Shunde market fell, Guangzhou 525 reported 9700-9750 yuan / ton; Dongguan market price fell slightly, Guang 660 reported 10350-10400 yuan / ton; Yuyao market price fell partially, 118 reported 11900 yuan / ton.
Today's forecast: It is expected that the market price will drop slightly in the market today.
â— ABS early comment: Last Friday, the market remained weak, and some prices continued to fall. The stock market and the futures market are weak, the market mentality is difficult to repair, the middlemen tend to follow the sales, and the downstream factories are mainly to avoid risks. Market Quote: Dongguan market price continued to fall, the trading atmosphere was light, Taiwan 757 reported 13900 yuan / ton; Ningbo market price was lower, 0215A reported 15,000 yuan / ton; Yuyao market price fell partially, 121H reported 15,900 yuan / ton.
Today's forecast: It is expected that the market is weak today.
â— PET bottle tablets early evaluation: the market price weakened last Friday, the raw material futures market was lower, the support of cost side was weakened, and most of the bottle companies lowered the ex-factory price by 50 yuan/ton. The pessimistic sentiment was filled, and the buyers and sellers were not prosperous. The transaction is sparse, the market price reference: East China water bottle material report 8400-8550 from mention, talk 8350-8400; South China water bottle material report 8500-8600, talk 8400-8500.
Today's forecast: It is expected that the market's focus will remain weak today.
â— PET waste recycling early evaluation: last Friday, the market was weak and stable, the production and sales of terminal chemical fiber products were not smooth, and the cost of chemical fiber plants was relatively high. Therefore, some of the purchase price was lowered by about 100 yuan, but the supply of recycled bottles was not much. And the cleaning plant will not be willing to ship the goods, the atmosphere of the trading atmosphere is deadlocked, the market price reference: the white film on the East China market is 6700-6800 yuan / ton.
Today's forecast: Market price volatility is expected to be limited today.
[Scrap Market Newsletter]
PE
â— Fujian Fuzhou LDPE pellet market is light, the offer is: white transparent particles 8000-8200, next level 7600-7700.
â— Tianjin Tanggu high-pressure large-scale market offer: 99 film 6500-6600 yuan / ton, 98 film 6100-6300 yuan / ton.
PP
â— Xi'an PP crushing market is temporarily stable, and the offer is as follows: red transparent fruit frame material 6000, blue green material 3600, red yellow material 3700, black fruit frame sinking bottom material 1800-2100.
â— Linyi PP transparent material market has less supply, light trading, offer reference: white transparent high quality material 6800 times a level 6300, medical bottle quality material 6400-6500 ordinary material 5100.
PVC
â— Guangdong PVC hard material market is flat, price reference: GB plastic steel powder material 4000-4200, small white tube material 3200-3300, buckle sheet material 1900-2000.
â— Anhui PVC hard material market trading in general, price reference: GB plastic steel broken material 4000-4200, small white tube material 3050-3100, buckle sheet material 1850.
ABS/PS
â— Guangdong ABS recycled pellet market is cold, and the offer is: black non-flame retardant particles 10100-12000, first grade white non-flame retardant particles 11400-12000.
â— Hebei Baoding HIPS recycled materials market offer: black keyboard broken material 4700-4800 yuan / ton, high purity, black keyboard granulation 5700-5800 yuan / ton.
Engineering plastic
â— Jiangsu PC renewable materials market temporarily stable: bucket blue through the first stage broken 17500-18000 lampshade white through 19500-20000 solid plate white through quality 21000-21500.
â—Wenzhou regenerative PA6 cloth corner material market reference: with a small amount of spandex white level 7000-8000 secondary 6500 or so; without spandex black level 8500 secondary 7500 or so.
Editor in charge: Zhang Huimin
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