Hottest September 17 plastic Market Forecast

2022-08-09
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On September 17, the plastic market forecast

due to the attack on Saudi oil facilities, the international oil price soared by nearly 15% on September 16, and the transaction hit a record high. WTI crude oil futures in October surged $8.05, or 14.7%, to settle at $62.9 a barrel, the largest one-day percentage increase since December 2008. Brent crude oil futures surged 8.87% in November Be sure to turn off the power switch when exchanging the head mold; US dollars, or 14.6%, was settled at US $69.02 per barrel

[Market Overview and forecast]

● PE market: yesterday's market performance improved, price 12. Limit protection: with two levels of program control and mechanical protection; Mainly rising. Driven by crude oil, linear futures jumped higher, petrochemical prices rose, spot merchants were reluctant to sell higher, market transactions were smooth, and the focus of transactions moved up broadly. However, the downstream cooperation is limited, and the end users are more cautious in purchasing, so the transaction resistance is still difficult to eliminate. Quotation reference: Changzhou market quotation rose, and Yangzi 5000S reported 8600 yuan/ton; The market price in Guangzhou is high, and the price of 7042 in Guangzhou is 7750 yuan/ton; Xiamen market prices rose, and Shenhua 2426h reported 8550 yuan/ton

forecast today: it is expected that the market will continue to rise today

● PP Market: yesterday, the market price rose, and the rise of polypropylene futures boosted the mentality. Some companies of PetroChina and petrochemical transferred the factory price with them. The mentality of traders was OK. The price was low. In addition to a series of problems caused by components, the reluctance to sell was strong. Under the psychological effect of buying up but not buying down, the real offer transaction was followed up in the downstream. Reference to local market conditions: Qilu Chemical City market quotation rose, Shijiazhuang T03 reported 8700 yuan/ton, Changzhou market prices rose, Yanlian T30S reported 8850 yuan/ton, Guangzhou market prices rose, CNOOC shell ep300m reported 8900 yuan/ton

forecast today: it is expected that the market will still have an upward trend today

● PVC Market: the market price rose mainly yesterday. At present, the transportation pressure from the west to the East is large, the supply of goods is difficult to reach the East in the short term, and the supply of goods in the East is tight, which effectively alleviates the expected high starting pressure of upstream production enterprises. However, due to the impact of the trade war, the number of terminal orders is limited, making the demand always in a depressed state, and the overall trading atmosphere on the floor is tepid, Market price reference: the mainstream price in Shanghai market is increased, the mainstream quotation of calcium carbide type 5 is yuan/ton, the market price in Hangzhou is increased, and the calcium carbide method type 5 is yuan/ton. The market price in Guangzhou is stable, and the mainstream price of calcium carbide type 5 material is RMB/ton, which can be collected by spot exchange

today's forecast: it is expected that the market will continue to rise today

● PS Market: yesterday, the market price rose significantly. Petrochemicals raised the ex factory price, which is expected to increase the support of the spot market. There was a strong bullish atmosphere in the market, and merchants' offers rose sharply. The receiving volume of downstream factories is still limited, and the wait-and-see mentality is still not significantly improved. Quotation reference: some quotations in Dongguan market rose, with Guangzhou 525 reported 9270 yuan/ton; The reference price in Shantou market rose, and skh-127 was quoted at 10050 yuan/ton; The quotation in Ningbo market fluctuated little, and CITIC quoted 525 yuan/ton

today's forecast: it is expected that today's market will consolidate and move forward

● ABS market: the market price rose steadily yesterday. The shipping pressure of on-site merchants is still high, traders are mainly flexible, the on-site trading remains deadlocked, and the transaction follow-up continues to be flat and weak. The downstream demand followed up slightly, and the on-site inquiry atmosphere was strong. Quotation reference: the quotation in Dongguan market rose steadily, and Ning 121h reported 11400 yuan/ton; The quotation in Ningbo market rose narrowly, and 0215a was reported at 12500 yuan/ton; Yuyao's market quotation refers to China's wood products packaging boxes, which have also achieved rapid development. Dg-417 is quoted at 12550 yuan/ton

today's forecast: it is expected that today's market will be stable and small

● PET bottle chip Market: yesterday, the market center of gravity rose, PTA futures rose sharply, and the supporting role of cost side strengthened. In addition, the supply of goods in the market was tight, and the bottle chip enterprises transferred the factory price with them. The traders' mentality was firm, and there was little willingness to make profits in the firm offer transaction. The downstream factories purchased an appropriate amount of raw materials to maintain their own production. The market price reference: water bottle materials in East China market were yuan/ton, and water bottle materials in South China market were yuan/ton

today's forecast: it is expected that the market price will continue to rise today

● pet waste recycling market: yesterday, the market was running smoothly, and the new material market rose sharply, boosting the regeneration market atmosphere, but the supply of wool bottles and recycled bottle chips was not enlarged. The cleaning plant was supported by the tight cost and supply, and there was little willingness to make profits for shipping. The chemical fiber plant was cautious. It purchased raw materials by department, and the transaction price depended on the goods. The market price reference: the machine white chip in the East China market was 5700 yuan/ton

today's forecast: it is expected that the market price will not change much today

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