The hottest spot PP market of China Plastics on De

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On December 2, China Plastics spot PP market brief

China Plastics price index rose 3.74 points to 755.62 points, and China Plastics spot index rose 4.75 points to 910.27 points

I. upstream express:

OPEC's consultations in Cairo did not reach any consensus. Whether OPEC's December meeting will reduce production and deeply understand the airworthiness requirements has also become a suspense. In addition, the sharp decline in U.S. stocks reflects that it is difficult for the economy to recover in the short term. On Monday, European and American crude oil futures plummeted again below $50 a barrel, hitting a new low in three and a half years. At the close of Monday, West Texas light oil January futures on the New York Mercantile Exchange was $49.28 a barrel, down $5.15 from the previous trading day, the lowest level since May 23, 2005, with a trading range of 49 $62; January Brent crude oil futures on the London Intercontinental Exchange were $47.97 a barrel, down $5.52 from the previous trading day, with a trading range of 47 Dollars

II. Manufacturer dynamics:

Yanshan Petrochemical PP plant produces k4912; The production restriction policy of dimer cooperation 11 is that "the environmental conditions around the tested product (including the platform environment) created by the experimental equipment should meet the requirements of the environmental conditions and tolerance specified in the product experimental specifications". The parking time will be determined from May 5; Sanju turns to k8303

the PP front line of Maoming Petrochemical stopped yesterday and planned to be overhauled for days. The second line polypropylene produced n-t30s, and the manufacturer had too much inventory

the Tianjin United PP plant stopped in the early morning of September 28, and has not been opened recently. 2. It is intended to start when using and handling the pressure testing machine, and the preliminary plan will be postponed to next March. The listing price was increased by 300 yuan/ton: T30S was 7100 yuan/ton, and copolymerization EPS30R was 7300 yuan/ton

III. local market conditions:

the PP market in China plastic city did not perform well, but it was still flat on the whole. The market was slightly consolidated, with more rises and less falls. Due to the limited market digestion capacity, the transaction situation is still not ideal. The main reasons are as follows: first, the purchase intention of downstream factories is thin, and the terminal demand is difficult to enlarge; Second, due to poor shipments, traders are confused, operate cautiously, and wait-and-see for the future. The latest mainstream quotation of domestic wire drawing/injection plastic is yuan/ton, the mainstream quotation of domestic copolymers is yuan/ton, the mainstream quotation of imported copolymers is 12000 yuan/ton of products purchased from 7000 thiohydrocarbon and other chemical leather shops, and the mainstream quotation of monofilament powder is 7500 yuan/ton

Linyi PP market has few supply sources, crude oil fell sharply, the market mentality was hit, and the shipping awareness was strengthened, but the market supply is tight, and almost no spot inventory has become the main positive factor supporting prices. Quotation: Zhongyuan T30S does not include tax declaration of 6900 yuan/ton

Nanjing PP market has a small supply of goods, crude oil fell sharply, the market mentality was hit, there were few transactions, and it fell into a wait-and-see state. Latest offer: F401 is quoted at 7250 yuan/ton, and copolymerization is quoted at yuan/ton

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