Analysis and summary of plastic market on June 12,

June 12, 2018 plastic market analysis summary

core tip: petrochemical factory prices are stable, forming a certain cost support for the market. The futures market operates at a high level, which is sensitive to the market mentality. 1 First of all, it should be considered that the tensile range of the material to be tested is limited. Traders ship with them, and downstream factories have low willingness to receive goods, and the market trading atmosphere is light

[futures market]

US crude oil (7:47): 66.17 up 0.07

● international oil prices rose on the 11th

as traders bet that the growing supply has caused enough pressure on the market at present, international oil prices ldquo; This year, all localities did not eliminate production capacity in accordance with the market and laws and regulations, and production capacity rose on Monday. NYMEX July crude oil futures in New York rose $0.36, or 0.6%, to $66.1 a barrel, hitting a 10 day high. Brent crude oil futures closed flat at $76.46 a barrel, with volatile trading for most of the day

[today's news]

● Inner Mongolia Jiutai New Material Co., Ltd. plans to build a 1.8 million ton coal based PTA project

Inner Mongolia Jiutai New Material Co., Ltd. has invested 11.7 billion yuan in tuoqing Economic Development Zone, Hohhot, and the construction of a 1million ton coal based ethylene glycol project has been launched in September 2017. The proposed annual output of 1.8 million tons of coal to PTA (purified terephthalic acid) project plans to invest 30billion yuan. The technical achievements of the project are independently developed and developed by Tsinghua University. At present, it has reached the international advanced level. It is to transform and add value again to the existing chemical products as secondary raw materials, and extend the industrial chain to the downstream and terminal

● Fushun Petrochemical successfully developed a new ultra-high opening low-density polyethylene product

recently, Fushun Petrochemical Company successfully developed a new ultra-high opening film material f218w in a 450000 ton/year low-density polyethylene plant. After testing, the product has good film apparent performance, high surface gloss and stable film bubble. All the data meet the indicators, meet the performance requirements of ultra-high opening polyethylene film, and can completely replace imports

[Petrochemical trends]

● PE Petrochemical trends: Maoming Petrochemical 1 × high pressure equipment and production, 2 × high pressure equipment and production 2426k; Full density device production 7042; High density device produces p4406c

● PP Petrochemical trends: Yanshan Petrochemical PP plant Yiju weekend production k4902; Dimerization production ppr4220; Trimer k7726h

● PVC Petrochemical trends: Shanxi Yushe pvc300000 tons/year plant starts normally. At present, the ex factory price of calcium carbide method type 5 material is quoted as 6810 yuan/ton in cash exchange, and the acceptance is about 140 yuan/ton. The transaction can be negotiated

● PS Petrochemical News: the listing price of Jiangsu saibaolong PS was stable, with benzene penetration of 525 at 14500 yuan/ton, benzene conversion of 825 at 14900 yuan/ton, 825g at 15200 yuan/ton, and the actual discount of 300 yuan/ton

● ABS Petrochemical trends: Liaotong chemical (formerly Panjin Ethylene) ABS quoted a stable price of 275 at 14950 yuan/ton, with slightly lower contract prices in various regions. Current sales are average

● pet Petrochemical trends: Guangdong Taibao polyester bottle chip price is reduced by 50 yuan/ton, water bottle material, oil bottle material, hot filling are reported as 10700 yuan/ton, short delivery is negotiable, carbonated material is 100 yuan/ton high, and some are exported

[early evaluation and prediction of plastics]

● early evaluation of PE: yesterday's market was dominated by consolidation, and linear futures rose after low-level shocks. However, some petrochemical companies lowered their ex factory prices, and the market trading was confused. Traders maintained flexible delivery, and the quotation continued to fluctuate. Downstream factories are not enthusiastic about attracting goods and are mainly cautious, so it is still difficult to increase demand. Market reference: Shunde market offers, Maoming 2426k tax free yuan/ton; Anhui market was narrowly sorted out, and Yangzi 5000S reported 11700 yuan/ton; Changzhou market was sideways consolidated, and Yangzi 7042 was sent to offer 9650 yuan/ton for firm negotiation

today's forecast: it is expected that today's market price will be weak and narrow

● PP morning review: yesterday, the mainstream of market prices remained stable, some slightly higher, polypropylene futures rose violently, boosting the trading atmosphere on the floor. Some supply sources were insufficient. Traders generally reported high prices to observe the market reaction. Downstream factories insisted on buying with use, and the firm offer transaction was mostly based on negotiation. Reference to local market conditions: Nanjing market shock consolidation, Donghua t30h reported 9200 yuan/ton, Ningbo market shock rose slightly, and Fuji S1003 reported 9250 yuan/ton, There was little change in the Guangzhou market, and the l5e89 in Qinzhou, Guangxi was reported at 9300 yuan/ton

today's forecast: it is expected that the market will consolidate in a narrow range today

● PVC early review: yesterday, the market price rose steadily, the futures were high and volatile, the mentality of merchants was ok, the enthusiasm of downstream market entry was limited, the inquiry atmosphere was temporarily general, and the actual transaction could be negotiated. Reference Market: the offer of Guangzhou market increased slightly. At present, the mainstream price of ordinary electric stone is yuan/ton; The offer of Changzhou market continues to rise. At present, the mainstream of type 5 electric stone is yuan/ton; The offer of Hangzhou market was raised. At present, the mainstream of calcium carbide method 5 is reported as yuan/ton

today's forecast: it is expected that the center of gravity of today's market will move up slightly

● PS morning review: yesterday, the market price fell slightly, the raw material styrene was high, the merchants' mentality was mainly wait-and-see, the downstream market demand was small, the market transaction was mainly small orders, and the overall trading atmosphere was flat. Reference Market: Shunde market quotation fell steadily, and Qimei pg33 was quoted at yuan/ton; The reference price in Dongguan market fell, with a price of 525 yuan/ton in Guangzhou; Part of the offer in Ningbo market fell, with CITIC 525 reporting 12700 yuan/ton

today's forecast: it is expected that today's market will continue to settle down

● ABS morning review: yesterday, the market price was generally stable, some prices fell slightly, the raw material market was long and short, the merchants operated flexibly, the downstream factories were very cautious in replenishment, the transaction was limited, and the market negotiation atmosphere was weak. Reference Market: Dongguan market quotation rose and fell, Taiwan 757 reported 15260 yuan/ton; Individual quotations in Ningbo market fell, with 0215a reported 16250 yuan/ton; The market quotation of Yuyao was generally stable, with 0215a quoted 16500 yuan/ton

today's forecast: it is expected that the market will rise and fall today

● PET bottle chip early review: yesterday, the market price was steadily sorted out, and the raw material futures market was narrow, which was difficult to boost the market. Traders mainly shipped with stable prices, and downstream enterprises were generally willing to take the initiative to receive goods. The overall trading atmosphere was mild. Market price reference: the spot price of water bottle materials in East China, and the spot price of water bottle materials in South China

today's forecast: it is expected that the market price will not change much today

● early review of pet waste recycling: yesterday, the supply of goods with low market prices increased, and there was no good news in the macro and fundamental aspects. Coupled with the increasingly fierce environmental protection, there was a strong negative atmosphere in the market. The regeneration industry was pessimistic, mostly on the sidelines, and its enthusiasm for entering the market was not high. Chemical fiber factories mostly chose low price sources to buy an appropriate amount. Market price reference: machine white tablets in the East China market were at yuan/ton

today's forecast: it is expected that the market will be weak today

[waste market news]

PE

● due to the impact of environmental protection, there are few producers in the HDPE particle Market in Linyi, and the on-site supply is tight. Offer reference: soy sauce pot high-quality particles, secondary level, Wahaha high-quality particles, secondary level; Wahaha high-quality crushing material, next level

● Jiangsu HDPE fish particle market has few sources of goods, and the offer reference: light green high-quality particles 7400 times, dark green high-quality particles 7400 times, 6800 times

pp

● Hebei PP crushing market reference: red and yellow materials, blue and green materials, blue fruit frame crushing 2100, black fruit frame crushing 2100

● Linyi PP transparent material market has few sources of goods and light trading volume. Offer reference: white transparent high-quality material 680 ◎ experimental equipment host: WDW electronic universal experimental machine 0 times first-class 6300, medical hanging bottle high-quality material general. Rebuild the fabric innovation cooperation model material 5100 in the clothing and footwear industry

pvc

● Suqian PVC hard material is shipped at a stable price in the market. Reference for offer: plastic steel powder, winning the bid, 3300 small white pipe material, 1900 gusset plate material

● Wuhan PVC hard material market stable price trading, offer reference: national standard plastic steel dry powder, big white tube broken, calcium powder 20%

abs/ps

● stable price trading in Shandong ABS crushing material market, offer reference: mottled motorcycle shell crushing material yuan/ton

● Hebei Wen'an renewable permethene (GPPS) has a cold market atmosphere and tight supply. The price is temporarily stable. Reference: broken refrigerator door plate yuan/ton

engineering plastics

● price reference of Cixi chemical fiber factory: filament cold white blue white; Three dimensional hot blue white cold blue white

● price reference of a chemical fiber factory in Liaoyang: three-dimensional hot washing white film 6200, blue white film 6100, blue film 5550, oil pot film 5300, green film 4700, solid offer to see the goods for negotiation