August 21 domestic polypropylene market trend analysis

First, manufacturers dynamic PP



On the 21st, some petrochemical prices increased, Jingmen Petrochemical PP increased by 100 yuan / ton, the latest drawing T30S pricing 11300 yuan / ton, membrane material T36F pricing 11350 yuan / ton, fiber Z30S pricing 11300 yuan / ton, injection V30G pricing 11350 yuan /Ton. Luoyang Petrochemical PP plant produced YS835/YS830 production in turn. General increase of 100 yuan / ton, the latest drawing F401 pricing 11200 yuan / ton, fiber YS835 pricing 11250 yuan / ton, YS830 pricing 11,200 yuan / ton, S800-1 pricing 11,200 yuan / ton. Zhongyuan Petrochemical PP old equipment production T30S, new device production T30S. The drawing T30S is priced at 11,250 yuan/ton, up by 100 yuan/ton.

Second, the market trend on the 21st, the domestic PP market prices rose slightly, part of the petrochemical policy compensatory growth of 50-200 yuan / ton, Zhongsha Tianjin, Tianjin United and Yangzi Petrochemical and other devices parking one after another, the market available resources are tight, but Due to the negative drag on downstream demand, the market price tends to maintain a high degree of slight fluctuations. Downstream factories resisted sentiment, and the market transactions were scarce and suppressed the market mentality.

North China: Beijing and Tianjin market prices oscillated slightly, and Qilu Chemical City's quotation rose slightly. Reference quote: Qilu Petrochemical T30S at 11,400 yuan / ton; Daqing Petrochemical T30S reported at 11,500 yuan / ton; Yanshan Petrochemical K8303 at 11,850-11,950 yuan / ton, PPR4220 at 13,200-13,300 yuan / ton, K7726H, at 11,450-11,500 yuan / ton Shenhua Ning Coal 1102K reported 11,200 yuan / ton; Shenhua Baotou L5E89 in 11150-11200 yuan / ton; Qingdao large refining oil V30G in 11,350 yuan / ton.

East China: Shanghai, Yuyao and other market prices fluctuate higher; Nanjing, Changzhou, the market price less high. Reference Price: Daqing Refining & Chemicals T30S at 11,500 yuan/ton; Zhenhai Refining & Chemicals T30S goods at 11,500 yuan/ton; Shanghai Secco S1003 at 11600 yuan/ton; Shanghai Petrochemical T300 at 11,500 yuan/ton; Shaoxing Sanyuan T30S at 11450 RMB/ton; Yangtze Petrochemical F401 Changzhou at 12,300 yuan/ton.

South China: Guangzhou, Shunde market fluctuate within the narrow range of the main; Xiamen market rose slightly. Reference quote: Zhanjiang Dongxing T30S at 11,450 yuan / ton; Maoming Petrochemical T30S at 11,450 yuan / ton; Fujian Refinery T30S at 11,450-11,500 yuan / ton; Hainan Refining, T30S, Shunde at 10,650 yuan / ton; Shenhua Baotou L5E89, Shantou at 10,600 RMB/ton; Guangxi Qinzhou Petrochemical L5E89 Shantou at 10,600 yuan/ton; North Sea refining T30S at 11,450 yuan/ton.

Third, the market outlook predicts that the constant increase of petrochemicals will bring good support to the market, and the market sentiment will improve slightly. However, the downstream demand is still weak, and the actual turnover is slack. Business social analyst Xue Jinlei expects that the short-term PP market will continue to consolidate the trend, some still have room to rise.

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