The hottest PP market slightly adjusted, and the o

[PP] the market adjusted slightly, and the overall transaction was flat.

I. brief introduction of the market

at the beginning of the week, the PP market showed a slight adjustment trend, and the mainstream price changed little. The three consecutive days of crude oil is good for the market atmosphere, but the downstream demand cooperation intention is not high, the factory still purchases on demand, and the wait-and-see is heavy, and the overall transaction in the market is flat. At present, the domestic drawing/injection plastic is at yuan/ton, the domestic copolymer is at yuan/ton, the imported copolymer is at yuan/ton, and the monofilament powder is at 11150 yuan/ton

II. Brief introduction to the upstream market

crude oil futures on the New York conditioning temperature control table to 0 ℃ commercial exchange (NYMEX) rose for the third consecutive day on Friday, as China's second quarter gross domestic product (GDP) data was not as bad as some investors worried, easing global economic growth concerns. Crude oil futures in August closed up $1.02 at $87.10 a barrel. August Brent crude oil futures closed up $1.33 to $102.40 a barrel

last Friday (July 13), far east propylene: FOB South Korea dollar/ton, down 1 dollar/ton from the previous trading day

III. local market prices

today's PP market quotation fluctuated in a narrow range. There is a strong wait-and-see atmosphere in the market, and the enthusiasm of downstream factories to receive goods is not high. The actual transaction is a single discussion

the PP market quotation in Shantou rose slightly, with Fulian T30S reporting 10450 yuan/ton, 1080k reporting 10400 yuan/ton, and Hainan T30S reporting 10450 yuan/ton. Special materials: Hainan v30g reported 10450 yuan/ton, Hainan Z30S reported 10450 yuan/ton, Dalian z69s reported 10450 yuan/ton, h9018 reported 10550 yuan/ton, K8003 reported 10300 yuan/ton, 1100n reported 10450 yuan/ton

the PP market quotation around Yanshan fluctuated slightly, and the atmosphere was slightly better. The quotation of wire drawing material is less, Panjin T30S is quoted at 10950 yuan/ton, and Dalian T30S is quoted at 10950 yuan/ton. Copolymerization quotation: ep200k quoted 10800 yuan/ton, Yanshan 4220 quoted 13100 yuan/ton, ep548r quoted 10800 yuan/ton

the PP market quotation in Hangzhou is stable, mainly on the sidelines. Wire drawing material: three round T30S reported yuan/ton, Zhenhai T30S reported yuan/ton; Special materials: Yangzi K8003 reported 11200 yuan/ton, Dushanzi K8003 reported 11100 yuan/ton, Yanshan k8303 reported 11300 yuan/ton

IV. the latest quotation

1, petrochemical quotation

Zhongyuan Petrochemical PP's latest drawing T30S today is priced at 10900 yuan/ton, down 150 yuan/ton. The manufacturer's inventory is not large, and the sales are general

the listing price of drawing T30S of PP Northwest Sales Company of Lanzhou Petrochemical is 10900 yuan/ton, down 150 yuan/ton. The inventory is general, and the sales situation is acceptable

Dushanzi Petrochemical PP PetroChina sales Northwest Branch wiredrawing t30s/s1003, the domestic listing price is 10850 yuan/ton, down 150 yuan/ton, eps30r/k8003, the domestic listing price is 10950 yuan/ton, down 150 yuan/ton, and the material dy-zk0640p is out of stock. The inventory is general, and the sales can be stopped automatically

2. The quotation of the mall

as of 15:00, the rise and fall of some brands of plastic spot PP were mixed, with a range of yuan/ton. Among them, 1120/Formosa Plastics Ningbo lowest reported 11500 yuan/ton (down 80), f401/Yangzi Petrochemical lowest reported 11650 yuan/ton (down 50), rg468mo/Nordic chemical lowest reported 11800 yuan/ton (down 550), rp344r/South Korea Sanlin lowest reported 12650 yuan/ton (down 50), 3080/Formosa Plastics Ningbo lowest reported 12000 yuan/ton (up 100), t30s/Huajin Chemical lowest reported 11150 yuan/ton (down 850)

v. future forecast

the current economy has not formed a stable recovery trend, and the economic difficulties may continue for some time. At present, although the rise of international crude oil has supported the market, effective demand is still a key factor affecting the future trend. However, the purchase of closed oil delivery valves by downstream factories has not improved, and the transaction is still difficult to volume. Affected by this, traders are actively shipping and selling at a small margin. It is expected that the short-term PP market may decline slightly

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