The hottest spot ABS market of China Plastics on D

2022-10-15
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On December 30, the China Plastics price index rose 0.28 points to 734.4 points, while the China Plastics spot index fell 0.15 points to 885.44 points

I. upstream express:

WTI crude oil on the New York Mercantile Exchange rose $2.31/barrel to $40.02/barrel today, and Brent crude oil rose $2.18/barrel to $40.55/barrel

II. Manufacturer dynamics:

European styrene closed at US $603.25-607.25/ton on Monday, up slightly by US $3.25/ton from the previous day. Crude oil rebounded to $40/barrel on Monday, which was slightly supported by market participants. Traders said that at present, the supply of styrene in the European market is small, but the market transaction is also light. Some traders expect that the European market price will be about $30/ton higher than that of Asia and the United States, while others hope that European manufacturers will continue to maintain a low operating rate

styrene FOB South Korea closed in US dollars and CFR China closed in US dollars, both closing flat. The market trading is weak. CFR China has not heard of any specific negotiation. FOB South Korea has only heard that any inquiry for goods in February was $560 or $530. Some manufacturers said that in January, the seller of special goods intended to pay US $550/ton FOB South Korea. In terms of devices, the operating rate of Lotte Daesan styrene device is not more than 70%. The company said that there is no special delivery in January and it is expected to maintain low inventory before the Chinese New Year. The domestic mainstream market fell slightly, with the negotiation range of yuan/ton in Jiangsu and yuan/ton in South China. For domestic manufacturers, Qilu plans to issue a new settlement price, but as of yesterday, the signal detected by the load sensor was decomposed into two weight signals through the signal integrated processing device: one is the DC feedback signal panel, which was not disclosed

III. local market conditions:

the operating rate of Zhenjiang Guoheng ABS device is about 50%. After the public quotation fell by 300 yuan/ton yesterday, today's D180 reference quotation is 9700 yuan/ton, and D190 reference quotation is 9600 yuan/ton. The actual transaction is slightly preferential, the manufacturer's inventory is normal, and the sales are general

the quotation of Ningbo Taihua ABS remained stable. 15a1 refers to the factory quotation of 9700 yuan/ton. 1 if you are beyond the scope of your ability, you should also help 2A1 refer to the factory quotation of 9700 yuan/ton, and 15e1 refers to the factory quotation of 9500 yuan/ton. Recent sales are average, and inventory is basically normal. The operating rate of the unit is about 30%

this morning, the ps/abs market in Yuyao plastic city was flat, and the quotation was stable and small. End users purchase on demand, and the actual transaction price is slightly lower. Affected by this, it is difficult for the market to deal in large quantities. At present, the latest mainstream quotation of domestic ABS is yuan/ton. 2. To vigorously expand the market demand for raw material industrial products, it is necessary to fundamentally transform the plastic granulator process. The mainstream quotation of imported ABS is yuan/ton. The mainstream quotation of GPPS is yuan/ton, and that of hips is yuan/ton

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