ABS market overview 09424

China Plastics information ABS market brief ()

China Plastics price index fell 13.64 points to 955.43 points, and China Plastics spot index rose 0.99 points to 1028.9 points

I. upstream express:

on Thursday, the settlement price of West Texas light oil futures in June on the New York Mercantile Exchange was $49.62 a barrel, up $0.77 from the previous trading day, with a trading range of 48 US $92; The June futures settlement price of Brent crude oil on the London Intercontinental Exchange was $50.11 a barrel, up $0.30 from the previous trading day, with a trading range of 49 51 dollars

Asian styrene FOB Korea closed on Thursday, which is extremely beneficial to improve the accuracy of products 910 CFR China closed at $5, up +5 and +8.5 respectively. The US styrene market rose 1.35 cents/pound to close at 40 55 cents/pound. The European styrene market rose $28.25/ton to close at 909 75 dollars/ton

II. Manufacturer dynamics:

the ABS unit of Jilin Petrochemical is under normal operation. Today, the price of 0215a is stable, at 12500 yuan/ton (northeast price). The manufacturer's sales are general, the inventory is not high, and most sources of goods are sent to PetroChina region for sales

Daqing Petrochemical ABS unit is in normal production. Today, the price of 750A is maintained at 12500 yuan/ton (Northeast China), and the manufacturer's sales are average

the ex warehouse price of CNPC northeast ABS stabilized, with 0215a reporting 12500 yuan/ton and 750A reporting 12500 yuan/ton. Manufacturer's product parameters vertical change fatigue testing machine series maximum torque 0.5nm, 1nm, 2nm, 3nm, 5nm (customizable) testing machine level 0.5/1 torque measurement range sales are normal, the overall inventory is not much

the operating rate of Zhenjiang Guoheng ABS device is about 80%. Today, the external quotation is stable, D180 is reported at 12800 yuan/ton, D190 is reported at 12700 yuan/ton. The actual transaction is also difficult to be determined. There is a slight discount, the manufacturer's inventory is low, and the sales are OK

the operating rate of Zhenjiang Qimei ABS device is%, and the ex factory price remains stable today. 707k is reported at 12600 yuan/ton, 757K is reported at 12800 yuan/ton. The actual transaction is slightly preferential, the manufacturer's sales are normal, and the overall inventory is not much

III. local market conditions:

the supply of goods in Dongguan ABS market is normal, the demand of end users is general, and the transaction is light. The market quotation fell slightly, with a range of yuan/ton. The traders' loss of PCU core materials was not good, and they were not optimistic about the future market. Jilin Petrochemical 0215a reported 11450 yuan/ton, Taiwan chemical 15a1 reported 11600 yuan/ton, Zhenjiang Qimei 757K reported 11900 yuan/ton, Taiwan Qimei 757 reported 11700 yuan/ton, Ningbo Taihua 15e1 reported 11300 yuan/ton, and the above prices do not include tax

the overall supply of Shunde ABS market is normal, the demand of end users is weak, and the purchase intention is light. The market quotation fell slightly by yuan/ton, and the mentality of merchants was general, mainly to digest inventory. Ningbo Taihua 15a1 reported 11600 yuan/ton, Jilin Petrochemical 0215a reported 11550 yuan/ton, Zhenjiang Qimei 707k reported 11700 yuan/ton, Thailand 850 reported 11400 yuan/ton, Changzhou Xinhu ac800 reported 11650 yuan/ton, and the above prices do not include tax

Shantou ABS market quotation is stable, and the actual transaction has a small margin of profit. The overall supply of goods is OK, and the end users are mostly on the sidelines. The purchase intention is weak, and the transaction is weak. The quotation of 0215a is 11450 yuan/ton, that of 15a1 Ning is 11450 yuan/ton, that of D180 is 11600 yuan/ton, that of 121h Korea is 11550 yuan/ton, and that of 757 is 11750 yuan/ton. (the above quotation does not include tax)

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