Hottest April 29, 2016 ABS price line of plastic r

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On April 29th, 2016, ABS price analysis of plastic raw materials

I. brief introduction of the market

abs market negotiation is weak, and some prices are still slightly lower. The East China and South China markets are weak, the confidence of middlemen is insufficient, the actual pace of shipment is maintained, and the transfer of supply is slow

ps market has little fluctuation and is relatively stable as a whole. The external news is warm, the cost support is OK, the ex factory price of PS of production enterprises is stable, and the low inventory operation idea of traders, the quotation is relatively stable. However, the downstream factory takes the goods on demand, and the on-site transaction is general

II. Brief introduction to the upstream market

crude oil futures rose on Thursday. Nymexwti crude oil futures in June rose $0.7, or 1.54%, to $46.03/barrel, and ice Brent crude oil futures in June rose $0.96, or 2.03%, to $48.14/barrel

on Thursday (April 28), the price of styrene in Asia rose quickly and slowly, and the price of f0b South Korea rose by US $5 to close at US $per ton; CFR China prices rose $2 to close at $per ton

III. local market prices

market quotations have fallen steadily, downstream demand is still flat, and the wait-and-see atmosphere is strong

the ABS market in Yuyao was weak, and a few fell slightly. There is not much buying, and the middleman negotiates the price. The supply of goods is stable, and the mentality of the operators is poor

some prices in Dongguan ABS market fell slightly, the actual order trading was weak, the middlemen carefully controlled the inventory level, and the supply transaction was not smooth, but the overall supply was basically normal

Dongguan PS market was consolidated in a narrow range, with a range of about 50 yuan/ton, and the market trading atmosphere was general. The periphery has warmed up, and PS prices of production enterprises have been stably supported, and the market center of gravity is generally stable. However, the downstream just needs to take the goods, and the transaction is dominated by small orders

Shunde PS market is mainly light and stable, and the negotiation atmosphere is general. The news is relatively quiet, and there is more wait-and-see sentiment in the market. Downstream demand is general, and traders try to operate with light warehouse and ship flexibly

IV. the latest quotation

1. Petrochemical quotation

CNPC East China ABS pricing is stable, with 0215a price of 10350 yuan/ton, 0215asq price of 10350 yuan/ton, 0215h price of 10350 yuan/ton, and GE150 price of 10300 yuan/ton. The price of 750A is 10350 yuan, which enables us to realize the real hardware based parallel sampling mode/ton in China. Inventory is low, and recent sales are average

the pricing of CNPC South China ABS is stable, with 0215a priced at 10600 yuan/ton, 750asq priced at 10500 yuan/ton, ge-150 priced at 10500 yuan/ton, and 0215asq priced at 10600 yuan/ton. 0215h price 10600 yuan/ton. I heard that some of them implement batch price. Inventory is not high, recent sales are average

PetroChina East China branch has fixed the price of Dushanzi Petrochemical PS, reporting 8900 yuan/ton for benzene penetration 500 and 8900 yuan/ton for benzene HIE. Low inventory and stable export in the near future

PetroChina South China branch stabilized the pricing of Dushanzi Petrochemical PS, quoted 8800 yuan/ton for benzene penetration 500, and 8900 yuan/ton for benzene modification HIE. The inventory is OK, the recent downstream demand is not high, and the sales are average

2. Mall quotation

as of 15:00, the quotation of some brands of ABS in China Plastics' spot market has been mixed, with a range of yuan/ton, of which 0215a/Jilin Petrochemical lowest reported 10500 yuan/ton (down 100), 750a/Daqing Petrochemical lowest reported 10500 yuan/ton (down 100), 750nsw/South Korea Jinhu lowest reported 11500 yuan/ton (up 850), an increase of 43.65 year-on-year, D-180/Zhenjiang Guoheng lowest reported 10700 yuan/ton (down 300), d-190/Zhenjiang Qimei lowest reported 10500 yuan/ton (down 300)

as of 15:00, the quotation of individual brands of hips in China Plastics' spot fell by 100 yuan/ton, and ph-88/Zhenjiang Qimei was as low as 9700 yuan/ton. The quotation of individual brands of GPPS in China Plastics spot fell by 300 yuan/ton, and the lowest quotation of gpps-500/Dushanzi Petrochemical was 9200 yuan/ton

v. future forecast

the trading atmosphere is poor, and the market wait-and-see atmosphere (2) dig a hole downward in the installation position of the experimental machine. The atmosphere is relatively strong, while the downstream demand continues to be weak, the end-user's on-demand procurement means remain unchanged, and the actual market transactions are not many. It is expected that the short-term market will continue to adjust in weakness

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