Daily review of psabs market in Yuyao plastic city

2022-07-29
  • Detail

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

Zhanjiang xinzhongmei

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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