April 18 Yuyao plastic city ps/abs market daily review
upstream dynamics:
wti
Brent
pure benzene FOB Korea
sm FOB Korea
sm CFR China
17 April closing
70.40
71.46
13 April closing/p>
69.32
70.57
will block the valve and oil circuit. 0
transaction dynamics: today, the ps/abs market quotation in Yuyao plastic city has risen steadily, And the transaction is still relatively ordinary. Although the downstream demand is flat, there are still bright spots in the market: first, the increase of upstream raw materials is greater than the increase of ex factory prices of petrochemical enterprises, especially many PS manufacturers are still on the edge of losing money; 2、 Recently, there has been no batch import arrival, and it is estimated that the relationship between supply and demand will not change much. 3、 There is a large space for speculative demand. Dealers have always maintained low positions. As long as centralized procurement occurs, the market may be pulled higher again. According to the latest quotation, Jilin Petrochemical 0215a is 14700 yuan/ton, Daqing Petrochemical 750A is 14500 yuan/ton, South Korea Jinhu 750 is 14500 yuan/ton, and South Korea LG hi121 is 14650 yuan. Zhenjiang Qimei PG-33 is 11400 yuan/ton, and Panjin Ethylene 825 is 11550 yuan/ton
manufacturer dynamics:
manufacturer
brand
ex warehouse/ex factory price
rise and fall
remarks
Ningbo Taihua
ag15a1
14900
300
there is a large profit margin in the actual transaction
Yanshan Petrochemical
666d
10500
100
525, 535hf 535lf
10800
50
PetroChina Huabei
0215a
14230
20
PetroChina Huabei
301
14230
20
price trend: Despite the rise in international crude oil prices and the increase in the ex factory prices of domestic petrochemical enterprises, the market prices did not meet the test method standard: a sharp rise occurred. The reason is that the long-term high price has led the factory to officially start operation in 2017, resulting in a strong wait-and-see attitude in the market. Some traders feel confused and wait in short positions. Downstream factories are looking for low-cost alternatives. It is expected that the short-term market will continue to maintain a high consolidation pattern
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