Hottest November 13 plastic Market Forecast

2022-09-21
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November 13 plastic market forecast

international crude oil futures fell on Tuesday due to doubts about whether China and the United States can reach a trade agreement as planned. WTI crude oil futures in December closed down by US $0.06 and settled at US $56.8 per barrel. January Brent crude oil futures closed down $0.12 to $62.06 a barrel

[Market Overview and forecast]

● PE market: yesterday's market continued to be weak, and prices fluctuated in a narrow range. Linear futures opened low and fluctuated, the market trading was depressed, and traders were confused. They watched the future market carefully and waited for the guidance of hot spots. The downstream factories maintained general procurement, the trading and trading situation did not change much, and the firm offer transaction was weak. Quotation reference: Shantou market price is loose, Maoming 2426k is reported at 7950 yuan/ton; Changzhou market quotation sorting, Yangzi 5000S reported 8300 yuan/ton; Qilu Chemical City market prices fell, Qilu 7042 reported 6850 yuan/ton

today's forecast: it is expected that the market price will fall sharply today

● PP Market: the market was slightly sorted out yesterday, and the atmosphere was flat. Polypropylene futures opened low and rose, boosting the mentality of the industry, but some petrochemicals continued to reduce the ex factory price, the cost side support weakened, traders maintained general delivery, and the quotation was adjusted at a low price. The procurement of downstream factories followed up slowly, and the firm offer was mainly negotiated in a small scale. Quotation reference: the market price in Xiamen fell partially, and Hainan refining and chemical v30g reported 9100 yuan/ton; Hebei market price is weak, Daqing Refining and chemical EPS30R reported 8900 yuan/ton; Chengdu market partially fell, and Sichuan Chemical l5e89 reported 8350 yuan/ton

today's forecast: it is expected that today's market price will fall partially or weakly

● PVC Market: yesterday, the market price fluctuated and increased due to the shortage of goods in the market. Downstream demand is flat, and businesses are more wait-and-see about the recent trend, following the market. Quotation reference: Hebei market quotation rose narrowly, and calcium carbide method type 5 material was delivered without tax yuan/ton; The supply of goods in Guangzhou market is in short supply, and the ordinary electric stone ice city is 6900 yuan/ton; The quotation of Changzhou market is higher, and the mainstream of type 5 electric stone is yuan/ton

today's forecast: it is expected that today's market is still likely to rise steadily

● PS Market: yesterday, the market generally operated smoothly, and individual quotations fell slightly. The market transaction and shipment are still slow, some middlemen have a small amount of purchase, while the operation load of downstream factories is not high, the enthusiasm for receiving goods is poor, and the market lacks transaction support. Quotation reference: the quotation in Dongguan market was steadily sorted out, with Guangzhou 525 falling 30 yuan to 9110 yuan/ton; The quotation in Ningbo market fluctuated little, and CITIC 525 reported 9200 yuan/ton; Yuyao hydraulic universal experimental machine must return the pointer to zero after it is started. The quotation falls separately, 118 is quoted at 10300 yuan/ton

forecast today: it is expected that the market will remain generally stable today

● ABS market: yesterday, the market continued the weak trend of last week, and the quotation was mainly downward. Styrene continued to fall in price, and the falling weight impact testing machine with limited cost support adopted a double tube structure, making the market difficult to stabilize. Downstream factories mainly purchase on demand, with flat demand. Quotation reference: the quotation in Dongguan market is stable and consolidated, and the 757 is reported at 11650 yuan/ton; The quotation in Ningbo market is mainly stable, with 0215a quoted at 11750 yuan/ton; The market quotation of Yuyao fell slightly, and 0215a was reported at 12000 yuan/ton

forecast today: it is expected that the additive manufacturing and industrial robot center will enter the establishment stage. Today, the market will continue to maintain a flat and weak atmosphere, with local overcast declines

● PET bottle chip Market: yesterday, the market focus moved down narrowly. PTA

of raw materials has a weak trend, and the cost side continues to decline. Some bottle chip manufacturers continue to reduce their offer by 50 yuan/ton. Merchants operate according to the market, and the offer tends to the low end. Downstream factories take goods on demand, and there is a strong atmosphere of cautious wait-and-see on the floor. Market reference:

reference of water bottle materials in East China market; Reference self delivery of water bottle materials in South China market; Water bottle materials in North China market are self-contained

today's forecast: it is expected that the market will be consolidated and operated today

● pet waste recycling market: yesterday, the markets in North China and East China fell narrowly, while the market in South China remained stable for the time being. The new material market continued to fall, and the regeneration market atmosphere was frustrated. The recovery speed of raw materials is not fast, the market starts generally, the quantity of recycled bottles and chips in the field is tight, the cleaning factory price is low, and the intention of taking goods is not high, the downstream chemical fiber products are not shipped well, the intention of purchasing raw materials is not high, and the market atmosphere is cold. Market reference: the imitation Dahua on machine white film in East China market is about 5100 yuan/ton, excluding tax

today's forecast: it is expected that today's market will be dominated by weak consolidation

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