Overall supply and demand of plastics market is tight, part of the offer continues to be high

2019年08月19日13:34 来源：无

[Futures market dynamics]

Futures L2001 reorganizes at a low opening level, with an upward oscillation in the plate and a substantial increase in positions. The opening price is 7435 yuan/ton, the highest is 7475 yuan/ton, the lowest is 7425 yuan/ton, the current price is 7465 yuan/ton, and yesterday it closed 7465 yuan/ton.

Polypropylene PP1909 contract opened low, followed by a small fluctuation trend. The opening price is 8142 yuan/ton, the highest is 8154 yuan/ton, the lowest is 8107 yuan/ton, the current price is 8139 yuan/ton, and yesterday it closed 8146 yuan/ton.

The V2001 contract of Dachang is low, opening at 6630 yuan/ton, the highest at 6700 yuan/ton, the lowest at 6625 yuan/ton, the latest at 6680 yuan/ton, with 125 718 hands.

[Midday Market Observation]

[PE] The domestic PE market shocked this morning. Futures weakness shocks, downstream enterprises cautious to take goods, the market is not good atmosphere for the actual transaction, most businesses are low, some hang upside down to seek transaction. Reference quotation: LLDPE price in North China is 7300-7550 yuan/ton, LLDPE price in East China is 7450-7650 yuan/ton, LLDPE price in South China is 7400-7600 yuan/ton.

[PP] The domestic PP market was slightly tidied up this morning, with some high prices slightly lowered. The trend of futures consolidation has no obvious impact on the spot market, and the holders often quote on the market. Petrochemical overhaul support is strong, the proportion of wire drawing arrangement is relatively small, the mainstream price of wire drawing is narrowly adjusted by 20-50 yuan/ton, and the downstream demand remains weak. Reference quotation: The mainstream price of wire drawing in North China market is 8500-8550 yuan/ton, that in East China market is 8620-8750 yuan/ton, and that in South China market is 8800-9050 yuan/ton.

[PVC] The domestic market atmosphere of PVC today is still acceptable, Futures Volatility is higher, spot transactions are general, prices in East China have risen, quotations in other markets have not changed much, but low prices have decreased. Reference quotation: 5 types of ordinary carbide, 6750-6810 yuan/ton in East China mainstream, 6870-6910 yuan/ton in South China; 6730-6780 yuan/ton in Shandong mainstream and 6670-6770 yuan/ton in Hebei market mainstream.

[ABS] In the morning, the domestic ABS market shook narrowly. Up to now, the mainstream offer of domestic materials has reached 11350-12300 yuan/ton. Some of the South China market quotations slightly lower, but also some common materials prices rose, the domestic stock market and chemical commodity market performance is better, business mentality is supported, real bargaining. Eastern China market is narrow and wait-and-see, some first-hand merchants tentatively report a small high, but the follow-up is slow.

[PS] The domestic PS market continues to rise today. PS market in East China rose 50-75 yuan/ton, with a general trading atmosphere. The market is dominated by offers, and inquiries are relatively cautious. In East China market, toluene (GPPS) charges 9350-9900 yuan per ton, and benzene (HIPS) charges 10350-11300 yuan per ton. In the morning, PS market in South China rose more or fell less, ranging from 20-90 yuan/ton, and the trading atmosphere became weak. In South China market, toluene (GPPS) receives 8920-9180 yuan per ton, and benzene (HIPS) receives 9630-10570 yuan per ton.

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