On September 17, China Plastics spot ABS market brief
China Plastics price index fell 6.02 points to 1242.21 points, and China Plastics spot index fell 3.59 points to 1284.66 points
cutting is completed by just changing auxiliary tools. I. upstream express:
WTI crude oil on the New York Mercantile Exchange fell by $4.56/barrel to $91.15/barrel today, and Brent crude oil fell by $5.02/barrel to $89.22/barrel
II. Manufacturer dynamics:
styrene FOB South Korea closed in US dollars, CFR China closed in 1364 US $5, falling by US $40 and US $33.75/ton respectively due to the sharp decline in the upstream raw material market. At the close of Tuesday, WTI and Brent closed down $4.56 and $5.02 respectively, and the price of naphtha plummeted by $60/ton. In 816.25 CFR Japan, the price of pure benzene FOB South Korea fell by $67/ton. At the opening of the morning market, any goods offered at 1380 US dollars/ton FOB South Korea in October, and the measurement system will automatically reset to 1300 US dollars/ton. At the closing, it plunged sharply to 1300 US dollars/ton. Because the expansion speed is not directly related to the stretching speed, during this period, a single goods transaction under October was 1330 US dollars/ton FOB South Korea. CFR China foundation, the buyer's intention of a single order of goods arriving in October was 1360 US dollars/ton CFR China, but there was no firm offer within the trading day of that day. In the domestic market, Qiao Jinliang, the mainstream of Jiangsu, said that the negotiation price was yuan/ton, and the mainstream of South China offered 11400 yuan, which was the delivery price
with the weakness of crude oil and European and American pure benzene, as well as the light market atmosphere and excess supply still plagued Asian buyers and sellers, Asian pure benzene plummeted by $69.25/mt on Tuesday, hitting a 9-month record low, and FOB South Korea closed at 1052 50 dollars/ton, Southeast Asia closed at 1034 00 USD/ton. The valuation of $1053/mt on Tuesday was only a transition during the evaluation period, while the actual decline from Monday was $73.25/mt. On Monday, the market of China, Hong Kong, Japan and South Korea returned from holidays and found that the market had changed dramatically. On Monday, pure benzene in the United States fell 25 cents to 405 cts/gal FOB US Gulf, while the European market plummeted $100/mt and closed below $1100/mt CIF Ara
III. local market conditions:
the external quotation of Zhenjiang Guoheng ABS was reduced by 200 yuan/ton. D180 refers to the ex factory quotation to 16200 yuan/ton, D190 refers to the ex factory quotation to 16100 yuan/ton, and the actual transaction price is slightly lower. The sales are not smooth, the inventory is basically normal, and the operating rate of the device is 50%
the quotation of Ningbo Taihua ABS is stable. 15a1 reference quotation is 16600 yuan/ton, 12a1 reference quotation is 16600 yuan/ton, and 15e1 reference quotation is 16400 yuan/ton. The inventory is normal, the operating rate of the device is 60%, and the recent sales are average. The quotation of Ningbo Taihua ABS is stable. 15a1 reference quotation is 16600 yuan/ton, 12a1 reference quotation is 16600 yuan/ton, and 15e1 reference quotation is 16400 yuan/ton. The inventory is normal, the operating rate of the device is 60%, and the recent sales are average
the ps/abs market trend of Yuyao plastic city is sluggish, and the market is mainly stable. At present, the overall performance of the market is poor, the downstream demand is stagnant, and it is difficult to deal in large quantities. Traders are mainly on the sidelines and operate cautiously. The latest mainstream quotation for domestic ABS is yuan/ton. Imported ABS is yuan/ton. GPPS is yuan/ton, hips is yuan/ton
note: the reprinted content is indicated with the source. The reprint is for the purpose of transmitting more information, and does not mean to agree with its views or confirm the authenticity of its content
Copyright © 2011 JIN SHI