The hottest spot ABS market of China Plastics on D

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On December 12, the China Plastics price index rose 3.42 points to 741.28 points, and the China Plastics spot index rose 0.15 points to 900.17 points

I. upstream express:

WTI crude oil on the New York Mercantile Exchange rose $4.46/barrel to $47.98/barrel today, and Brent crude oil rose $4.99/barrel to $47.39/barrel

II. Manufacturer dynamics:

on Thursday, the US styrene market closed down 0.25 cents to 26 Cents/pound, down about $5 to $1. Due to the sluggish demand for styrene, ethylbenzene is currently mostly used for oil blending in North America. Another reason is the high octane number of ethylbenzene. During the trading day, styrene was negotiated below 28 cents/pound, and the shipping price in December was slightly higher than that in January

on Thursday, Europe or indistinguishable continent styrene closed up $40.62/ton to 567 31 dollars/ton, crude oil and pure benzene rose slightly. Dow Chemical announced that it would shut down some of its ethylbenzene, styrene and PS units, which are located in terneuzen, the Netherlands. These three units are part of the eight units in the world that plan to be permanently shut down. A company spokesman said that it would still maintain some production at present, because these are basic chemical raw materials. Terneuzen has a total of 26 production lines. Ethylbenzene and PS units have been shut down recently. At present, the styrene production line is still in operation, but it will also be shut down soon. A total of 180 production units of Dow worldwide will be temporarily closed. During the trading day, the shipment negotiation in December was FOB in USD/ton, and there was a transaction delay fee of USD 20/ton in January

III. local market conditions:

the production of Xinhu Petrochemical ABS unit is normal. Today, the executive price is reduced by 200 yuan, and the ex factory price of ac800 is 10300 yuan/ton. The product sales are average, and the inventory is normal

Dongguan ABS market is mainly consolidated today. The merchant's mentality is acceptable, and the transaction is general. The 757 quotation is 10400 yuan/ton, and the 757K quotation is 10400 yuan/ton. The above prices are tax exclusive. Dongguan PS market quotation is weak and consolidated, the market supply is general, the merchants' mentality is calm, and the terminal receiving is general. Compared with the previous period, it has improved. 525 quotation 660 this part is called "Dragonfly" 0 yuan/ton, 660 quotation 7400 yuan/ton, the above quotation does not include tax

this morning, the ps/abs market in Yuyao plastic city stabilized, and (4) the viscosity of the oil used was too low, and the total delivery volume was general. The receiving volume of downstream factories is still limited, and the wait-and-see mentality is still not significantly improved. Traders are easy to operate and lack confidence in the future market. Although there are few sources of goods in hand, they have no obvious willingness to prepare for storage, and their operations are more cautious. At present, the latest mainstream quotation of domestic ABS is yuan/ton, and 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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