A brief introduction to the ABS market of China Pl

2022-08-16
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As of 10:00 a.m. on October 9, 2009, China Plastics price index rose 12.98 points to 941.67 points. The China Plastics spot index rose 2.17 points to 987.99

I. upstream express:

on Thursday (October 8, 9, mixer: 16W), the global stock market rose, the oil market atmosphere reversed, and the international oil price rebounded strongly again after continuing to fall in the morning. The November futures settlement price of West Texas light oil on the New York commodity futures exchange was $71.69 per barrel, up $2.12 from the previous trading day, with a trading range of 69 55 dollars; The November futures settlement price of Brent crude oil on the London Intercontinental Exchange was $69.77 a barrel, up $2.57 from the previous trading day, with a trading range of 67 49 dollars

Asia styrene FOB South Korea closed at USD/ton on Thursday, up 4.5 USD/ton from the previous trading day; CFR China close 970 US $75/ton, flat compared with the previous trading day. The European styrene market fell by $14.25/ton to close at 1111 US $25/ton FOB Rotterdam

II. Manufacturer dynamics:

the public quotation of Zhenjiang Guoheng ABS is stable. The reference ex factory price of D180 is 12400 yuan/ton, and the reference ex factory price of D190 is 12300 yuan/ton. The recent sales are normal, the inventory is OK, and the device load is about 70%

CNPC East China ABS continues to be listed for sale, with the listing price of 0215a at 12000 yuan/ton, 750A at 11950 yuan/ton, and 301 at 12100 yuan/ton. Recent sales are average, and there is not much inventory

PetroChina South China ABS is listed for sale. The listing price of 0215a is 12200 yuan/ton, and the listing price of 750A is 12200 yuan/ton. Recent sales are average, and the supply of goods is normal

CNPC North China ABS is listed for sale. The listing price of 0215a is 12200 yuan/ton, and the listing price of 750A is 12150 yuan/ton. Recent sales are average, and there is not much inventory

III. local market conditions:

the listing of the main brands of China Plastics spot Mall () ABS has basically remained stable, and some brands have been adjusted. In addition to the above items/eg-0763/Samsung No.1 woolen loom 16000 yuan/ton, down 800 yuan/ton; Abs/pa-707k/Zhenjiang Qimei reported 12800 yuan/ton, up 250 yuan to shut down controllers and computers/Tons; Abs/pa--727/Taiwan Qimei reported 13550 yuan/ton, down 450 yuan/ton; Abs/ht-550/lg Yongxing reported 12500 yuan/ton, up 100 yuan/ton; Abs/8391/Dow reported 12600 yuan/ton, up 300 yuan/ton

some offers in Dongguan ABS market rose yuan/ton. The atmosphere has changed, the participants' psychological preferences, and there are not many transactions. The supply of goods in the overall market is not large, and the demand of downstream factories is weak

the offer of Shunde ABS market rose by about 100 yuan/ton. The atmosphere is preferred, there are not many transactions, and the mentality of the industry is acceptable. The downstream purchase quantity is not large, and the overall supply is normal. Weak terminal demand

the market offer of ABS in Ningbo is unclear, with some offers basically unchanged from that before the holiday, and only a few offers rose slightly. There were not many transactions on the floor, the atmosphere improved, and the inquiry was OK. The supply of goods in the market is sufficient. The demand of end users is weak

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