Hottest plastic Market Forecast on June 28

2022-09-23
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June 28 plastic market forecast

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core lifting 3. Using a 2mm diameter round hole sieve or a 1.7mm side length square hole sieve: [China Packaging News] oil prices rose slightly on Thursday, as the market expected the organization of Petroleum Exporting Countries (OPEC) to extend the term of the production reduction agreement, While investors are waiting for a possible

[China Packaging News] oil prices rose slightly on Thursday, as the market expects the organization of Petroleum Exporting Countries (OPEC) to extend the term of the production reduction agreement, while investors are waiting for a meeting between the United States and China that may make a breakthrough in trade negotiations. US crude oil futures rose US $0.05 to close at US $59.43 per barrel. Brent crude oil rose US $0.06 to close at US $66.55 per barrel

[Market Overview and forecast]

● PE market: yesterday's market generally did not change much, and most quotations remained stable. Linear futures fluctuated and fell, and petrochemical inventories were low. Traders maintained a cautious attitude and continued to move flexibly. Downstream factories are generally enthusiastic about purchasing, demand follow-up is limited, and transaction resistance is still not small. Quotation reference: Shanghai market quotation is sorted out, and Secco 0220kj is quoted at 8000 yuan/ton; Qilu Chemical City yard quotation sorting, Qilu 7042 quote 7450 yuan/ton; After finishing the offer in Dongguan market, Maoming 2426k is tax free yuan/ton

today's forecast: it is expected that the overall market will be stable and minor today as the weekend approaches and the end of the month

● PP Market: yesterday, the market adjusted in a narrow range, crude oil rose, boosting the market. Polypropylene futures opened higher and ended lower, which still played a supporting role in the market. Towards the end of the month, traders' own sources of goods have been digested, mainly on the solid side, and there is little intention to enter the market. Downstream factories are cautious in purchasing raw materials on demand. Reference to local market conditions: Qilu Chemical City market rose slightly, Fushun l5e89 was reported at 8550 yuan/ton, The Nanjing market was stable and small, with Fuji S1003 reporting 8550 yuan/ton, Xiamen market prices partially rising, and Shenhua Ningmei 1102k reporting 8700 yuan/ton

today's forecast: it is expected that the market will be deadlocked over the weekend

● PVC Market: the market trend was generally stable yesterday. At the end of the month, operators often wait and see, and merchants often ship goods according to their own conditions. The downstream is cautious to wait and see, and the mentality of taking goods is not good. Small order procurement maintains rigid demand. Quotation reference: Hebei market quotation is stable, and calcium carbide method type 5 materials are delivered without tax yuan/ton; The market offer of Qilu Chemical Industry City is temporarily stable, and the extension experimental machine needs Xinfa 5 to offer 6770 yuan/ton in many industries; Shantou market offer remained stable, with Junzheng old factory type 5 cooking at 6930 yuan/ton; The quotation in Changzhou market was stable, and Jintai 5 was quoted at 6820 yuan/ton

today's forecast: it is expected that today's market quotation will remain stable

● PS Market: the market quotation was stable and volatile yesterday. The lack of further positive incentives, coupled with a certain load taking pressure in the market at the end of the month, and a slight increase in profit making operations by merchants, however, in the end, this means that the passenger capacity of passenger cars must fall, the demand at the end is limited, buyers are mostly on the sidelines, and transactions are limited. Quotation reference: Shunde market quotation continued to stabilize, with Guangzhou 525 reported 9100 yuan/ton; Dongguan market price weak finishing, Guang 525 reported 9100 yuan/ton; The quotation in Ningbo market fluctuated little, and CITIC 525 was quoted at 9750 yuan/ton; The market quotation of Yuyao fell slightly, 118 to 10600 yuan/ton

today's forecast: it is expected that the market will remain stable on the whole today, and there is still a possibility of narrow consolidation in some cases

● ABS market: yesterday's market trend remained generally flat, with some small movements. At the end of the month, most merchants shipped with them, and the offer changed little. The aftermarket mentality was OK. Downstream users still bought with them, and the trading was weak, and the actual transaction was limited. Quotation reference: Dongguan market quotation was adjusted in a narrow range, and 758 was reported at 17200 yuan/ton; The quotation in Ningbo market is mainly stable, with 15a1 Taiwan chemical reported 12250 yuan/ton; The market quotation of Yuyao fluctuated individually, and dg-417 was quoted at 12000 yuan/ton

today's forecast: it is expected that today's market quotation will maintain a narrow consolidation

● PET bottle and chip Market: yesterday, the market price rose by about 100 yuan, and the upstream PTA futures market opened higher, which played a strong supporting role in the cost of goods supply. Most bottle and chip enterprises transferred out the factory price from the upstream, and the downstream inquiry intention was OK. They were more cautious in purchasing the real offer. Market price reference: water bottle materials in the East China market were in yuan/ton; The water bottle material in South China market is self picked up at RMB/ton

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

● pet waste recycling market: yesterday, the market price was steadily rising, and the recovery pace of wool bottles was still slow. In order to increase the supply of goods, some cleaning plants appropriately raised the purchase price. The price of recycled bottles and chips was tight, and the market price of terminal recycled chemical fiber rose, increasing the willingness of chemical fiber plants to purchase raw materials. The overall trading atmosphere was tepid, and the market price reference: machine white chips in the East China market were at yuan/ton

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

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