The transaction is difficult to break through the horizontal consolidation of the plastic spot market
the general situation of the domestic plastic raw material market yesterday is as follows: as of 15:00 on April 23, China's plastic price index was reported at 919.87 points, down 0.73 points; The China Plastics spot index closed at 1137.35 points, with no gains or losses
the settlement price of crude oil futures on the New York Mercantile Exchange (NYMEX) rose on Monday, and Brent crude oil futures broke through $100 a barrel for the first time in a week, as buyers entered the market after the sharp decline in prices last week. The settlement price of light sweet crude oil futures contract for delivery in May rose 75 cents, or 0.9%, to US $88.76 a barrel. Ice Brent crude oil futures rose 74 cents, or 0.7%, to $100.39
I. PE market
pe market mainly fell. Supported by the overnight high oil price and the stable price of petrochemicals, the mood of the industry fluctuated little, but the futures performance put pressure on the market, and merchants' enthusiasm for shipping and reducing positions increased. The downstream demand is cautious in receiving goods, and the factory mostly purchases according to the order, so the overall trading is still relatively deadlocked. Mainstream price: LDPE: yuan/ton, LLDPE: yuan/ton, HDPE: wire drawing material: yuan/ton, plastic injection material: yuan/ton, film material: yuan/ton, hollow material: yuan/ton
yesterday afternoon, the market trend of China Plastics spot mall LLDPE was stable and small, the listing situation changed little, and the number of listings was basically stable. Traders' mentality was slightly adjusted, and they took a wait-and-see attitude in the future. In terms of quotation, some of them rose or fell slightly. The trend of HDPE market is stable, and some shocks are sorted out. The listing situation is basically stable. The relationship between listing stress and strain is no longer linear, and the number changes little. Traders adjust their mentality and have different views on the future market. In terms of quotation, some of them rose or fell steadily
II. PP market
pp market continues the weak consolidation trend. Crude oil closed slightly higher/CNPC East China wire drawing rose, which is difficult to significantly boost market confidence. As the downstream buying situation is still relatively low, the poor market trading situation has not changed. In order to reduce the shipping pressure, most traders continue to make profits and seek deals. At present, the domestic wire drawing/injection plastic is at yuan/ton, the domestic copolymer is at yuan/ton, and the imported copolymer is at 11. The concrete press is mainly used to test the compressive strength of building data test blocks such as concrete, cement, high-strength bricks, fire-resistant materials, etc., and the monofilament powder is at 10500 yuan/ton
the trend of PP market in Zhongsu spot mall was stable yesterday afternoon, with some shocks weakening. The listing situation was slightly adjusted, and the number of listings increased a little earlier. Traders' mentality is adjusted, and their outlook is slightly different. In terms of quotation, it rose or fell slightly
III. PVC market
the external force performance is insufficient, and most businesses in PVC market remain stable and wait-and-see. At present, the market supply and demand pattern has not changed significantly, the operator's mentality is poor, the downstream terminal's demand digestion ability is general, and the transaction is limited, so it is difficult to have a prominent performance in the short term. At present, the mainstream quotation of ethylene material is yuan/ton, and the mainstream quotation of type 5 electric stone is yuan/ton. The actual transaction can be negotiated
yesterday afternoon, the PVC market trend of Zhongsu spot mall was stable, and some parts were sorted out in a narrow range. The listing situation changed little, and the number of listings was basically stable compared with the early morning. Traders' mentality was slightly adjusted, and their confidence in the future market was slightly loosened. In terms of quotation, it is mainly stable and slightly reduced
IV. ABS market
abs market is generally stable, and individual brands decline slightly. Due to the weak intention of downstream factories to receive goods, there are more purchases with use, and the market transactions are general in the environment of weak demand. Traders' mentality is slightly insufficient and lack stable support points. At present, the latest mainstream quotation of domestic ABS is yuan/ton, and the mainstream quotation of imported ABS is yuan/ton
at noon yesterday, the ABS market of China Plastics spot mall continued the downward trend of the stable part in the morning, and the listing situation changed little. The power battery giants represented by Panasonic, 3-star SDI, LG Chemical, etc. basically entered China to build power battery plants for stability. Traders' mentality is shaken, market confidence is insufficient, and some are bearish in the future. The quotation was reduced slightly
v. PS market
poor industrial baseps market is relatively stable, but the transaction is not ideal, and the trading order continues to be deadlocked. The mainstream of the market is still not significantly improved, and the terminal demand is still weak. Most traders focus on short-term operations and wait for market changes. At present, the latest mainstream quotation of GPPS is yuan/ton, and that of hips is yuan/ton
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