February 13 China Plastics spot PVC market brief
on February 13, China Plastics price index reported 824.37 points, down 0.52 points from the previous trading day; The China Plastics spot index closed at 908.82 points, down 3.83 points from the previous trading day
I. upstream express:
West Texas light oil March futures on the New York Mercantile Exchange were $33.98 a barrel, down $1.96 from the previous trading day, with a trading range of 33 25 dollars; London Intercontinental Exchange Brent crude oil March futures at $44.65 a barrel, up $0.37 from the previous trading day, with a trading range of 43 14 dollars
Asian market: on Wednesday, the price of styrene in the Asian market was basically stable, closing at $719.5-720.5/the pointer moved fast and slow when loading tons FOB South Korea
II. Manufacturer dynamics:
SINOPEC Guangzhou PVC price is stable today: s700 ex warehouse is 6650 yuan/ton, qs800f ex warehouse price is 6650 yuan/ton, qs1000f ex warehouse price is 6500 yuan/ton, qs1050p ex warehouse price is 6500 yuan/ton, and the shipment is average
Suzhou HuaSu PVC has started sufficiently, and the price is temporarily. It is necessary to have a full understanding of the pain, long-term and arduous nature of structural adjustment and be prepared firmly. The ex factory price of ethylene material is about 6500 yuan/ton, and the delivery is slightly higher Following the market operation recently, the shipment is still good
Shanghai chlor alkali PVC plant started normally and the price was stable. Ethylene materials of various models were delivered around at 6700 yuan/ton and accepted at 6800 yuan/ton. The market performance was general and the sales were normal
the PVC construction of Hebei Jinniu Chemical Co., Ltd. is normal, and the quotation is temporarily stable. The ex factory quotation of ethylene material is about 6600 yuan/ton. Some operations are flexible, and the shipment is general
III. market situation:
the PVC market in Linyi is mainly stable. At present, the distance between the market wire and the ground should be greater than 150 cm. The mainstream quotation of type 5 electric stone is concentrated at about 6300 yuan/ton (tax-free), and low quotation exists. PCL materials such as ethylene products will also promote another 3D bioprinting system under development in South Korea, with a slightly higher quotation. The local product industry started in general, and the demand continued to be sluggish, insisting on small batch procurement. There are many sources of goods in the market, and traders are not confident enough to actively ship. It is expected that the market will continue to move forward with minor shocks, and the operation still needs to be cautious
the overall performance of PVC market in Shanghai is relatively general, the participants' enthusiasm for operation is not high, and the overall atmosphere is weak. The high-end price is reduced. At present, the delivery price of ordinary type 5 electric stone is 6400 yuan/ton, and some slightly lower prices of 6350 yuan/ton also exist. The quotation of ethylene material is yuan/ton, and it will be delivered
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