On January 13, China Plastics spot ABS market brief
China Plastics price index fell 6.03 points to 754.5 points, and China Plastics spot index rose 0.07 points to 881.35 points
I. upstream express:
today, WTI crude oil on the New York Mercantile futures exchange fell by $3.24/barrel to $37.59/barrel, and Brent crude oil fell by $1.51/barrel to $42.91/barrel
has functions such as overload protection
II. Manufacturer dynamics:
terminal buying interest is weak. Styrene plummeted to $per ton from $700 per ton last week. It is reported that a small amount of goods were traded at $685 per ton in January, and the quotation is about $690 per ton. The quotation of the goods in February was $655/ton FOB Rdam, and there is no transaction report at present. In terms of devices: Shell's devices with an annual capacity of 550000 tons and Bayer's devices with an annual capacity of 640000 tons are expected to restart this week
styrene FOB Korea closed 583 $75, up $4.25; CFR China closed up $3 in dollars. The rising momentum mainly comes from the slight rise in the domestic market. During the trading day, FOB South Korea didn't hear the specific inquiry. The negotiation range of CFR China is USD/ton, CFR East China main port, l/c. These are 90 days that need to be tested on site first. The upstream raw material market also closed up to varying degrees. In the domestic market, the negotiation range in Jiangsu is USD, and the actual transactions are mostly concentrated at 5000 yuan/ton; Most of the mainstream negotiations in the South China market are in yuan/ton, and a small amount of public deposits are traded
III. local market conditions:
the ABS market in Dongguan is basically stable. As the Spring Festival approaches, the downstream begins to have holidays one after another, the market transaction is flat, and the atmosphere continues to be deadlocked. 0215a reports 9000 yuan/ton, 750A reports 9000 yuan/ton. The supply of waste plastic particles is in short supply/ton, Ning 15a1 reports 9200 yuan/ton, and Ning 121h reports 9050 yuan/ton. The above quotations do not include tax
the operating rate of Ningbo Taihua ABS device is about 80%. Today, the reference ex factory price is stable. Ag15a1 is quoted at 9900 yuan/ton, AG12A1 at 9900 yuan/ton, AG15E1 at 9700 yuan/ton. The actual transaction price is slightly lower than the ex factory price, the manufacturer's sales are OK, and the inventory is low
this morning, the ps/abs market in Yuyao plastic city was mainly stable on the whole, and the quotation picked up partly due to the tight market supply. However, due to lack of buying gas, the sales situation has been poor. The operating rate of downstream factories is generally low due to the lack of orders; Traders operate cautiously and continue to focus on the short term. At present, the latest mainstream quotation of domestic ABS is yuan/ton, and the mainstream quotation of imported ABS is yuan/ton. The mainstream quotation of GPPS is yuan/ton, and that of hips is yuan/ton
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