Hottest plastic Market Forecast on July 16

July 16 plastic market forecast

[China Packaging News] due to the fading impact of tropical storms and weak growth data in China, international oil prices fell by about 1% on Monday. US crude oil futures closed at US $59.58 per barrel, down US $0.63, or 1.1%. Brent crude oil futures closed at $66.48 a barrel, down $0.24

[Market Overview and forecast]

● PE market: yesterday, the market price was mainly stable, and some of it was loose. Linear futures opened low and rose, traders followed the market, mainly on the sidelines, it was difficult to mobilize the enthusiasm of downstream manufacturers to enter the market, the strength of receiving goods was weak, the actual transaction follow-up was weak, and the overall transaction atmosphere was poor. Quotation reference: the quotation of Qilu Chemical City market fell, and Qilu 2100tn00 was reported at 8300 yuan/ton; The market price in Guangzhou fell, and Maoming reported 7042 yuan/ton; Wuhan market offer weakened, and Lanhua 5000S reported 9400 yuan/ton

forecast today: it is expected that the market will be weak and volatile today

● PP Market: yesterday, the market price fell weakly, polypropylene futures rose after opening low, and the boost to the market was limited. Some companies of PetroChina and petrochemical lowered the ex factory price. Traders were pessimistic, and the firm offer actively promoted the transaction. The willingness of downstream factories to take the initiative to receive goods was not strong, and the transaction volume was concentrated in rigid demand. Reference to local market prices: Beijing market fell slightly, hupetrochemical T30S reported 9000 yuan/ton, Changzhou market was weak, Yanlian T30S reported 9000 yuan/ton, while the market price in Lanzhou fell, while that in Ningxia was 8900 yuan/ton

today's forecast: it is expected that the market will remain weak today

● PVC Market: yesterday, some of the market can even rival the mainstream of the high-end configuration market, and the main stream remained stable. Individual prices rose, and PVC futures rose slightly, boosting the market. Some businesses with more goods sold more than make profits. Downstream factories have low enthusiasm for taking the initiative to receive goods, and the on-site transaction performance is general. Reference to local market prices: Qilu Chemical City market offer is slightly loose, Qilu S1000 is reported at 6950 yuan/ton, and Changzhou market changes little, The mainstream price of type 5 electric stone is RMB/ton, and the offer in Shantou market is sorted out in a narrow range. The mainstream price of type 5 is RMB/ton

today's forecast: it is expected that the market will not change much today

● PS Market: yesterday, the market price in South China fell slightly, and in other regions, it was mainly stable. The ex factory price of individual enterprises was reduced, and the traders' mentality was general. Accompanying here was the construction site of the 600000 ton environmental friendly adsorption new material project in the aluminum Qilu Industrial Park. The delivery was mainly on the market. The willingness of downstream factories to receive goods was not high, and the overall transaction performance was light. Reference to local market prices: the market price in Beijing, Tianjin and Hebei continued to stabilize, 825 was reported at 10550 yuan/ton, Shantou market quotation was adjusted in a narrow range, and skg-118 was quoted at 9280 yuan/ton

today's forecast: it is expected that the market will narrow today

● ABS market: yesterday's market performance was weak, most prices fell, terminal demand was low, downstream factories' enthusiasm for inquiry and purchase was low, traders' shipping pressure was high, and the circulation speed of goods in the venue was slow. Market reference everywhere: Ningbo market fell steadily, 0215a was at 12150 yuan/ton, some offers in Dongguan market fell, and Taiwan 757 was at 12100 yuan/ton

today's forecast: it is expected that today's market is still weak. The solution to online failure can be roughly divided into two steps:

● PET bottle chip Market: yesterday, the market trend was weak, Pt experiment had high reproducibility, a futures fell sharply, and the cost side was bad, but the profits of the polyester industry were limited. Bottle chip enterprises maintained stable ex factory prices to support the cost of goods, some traders sold goods at a small margin, and the downstream purchased raw materials step by step. Market price reference: water bottle materials in East China market were in yuan/ton; The water bottle material in South China market is self picked up at RMB/ton

today's forecast: it is expected that the market focus will decline today

● pet waste recycling market: yesterday, the market was stable, there was a lack of obvious positive support in the market, the mentality of the recycling industry was general, the accompanying step-by-step operation was the main, the sales of chemical fiber products were poor, the mentality of purchasing raw materials in the chemical fiber factory was weak, the overall trading atmosphere was flat, and the market price reference: the machine white film in the East China market was in yuan/ton

today's forecast: it is expected that the market price today will be the same as yesterday