Hottest plastic Market Forecast on June 26

June 26 plastic market forecast

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core tips: [China Packaging News] some economic data in the United States are poor, and concerns about the global economic slowdown once again inhibit crude oil demand expectations, but the United States has implemented new sanctions against Iran, and the geopolitical tightening atmosphere is still

[China Packaging News] some economic data in the United States are poor, Concerns about the global economic slowdown once again dampened expectations of crude oil demand, but the United States imposed new sanctions on Iran, the geopolitical tightening atmosphere is still in, and international oil prices rose and fell on the 25th. WTI fell 0.07 to $57.83; Brent rose 0.19 to $65.05

[Market Overview and forecast]

● PE market: yesterday, the market was steadily rising. Driven by futures and petrochemicals, the dull atmosphere in the floor eased slightly, and traders followed the rise, but their confidence in the future market is not sufficient, and cautious wait-and-see is the mainstream. Downstream factories are not active, and only maintain rigid demand procurement, which is twice that of industrial standard adhesives, and the transaction follow-up is still slow. Quotation reference: Qilu Chemical City market quotation sorting, Qilu 7042 quoted 7430 yuan/ton; Changzhou market quotation sorting, Yangzi 5000S reported 8950 yuan/ton; Shunde market quotation rose, Maoming 2426h tax-free 8500 yuan/ton

today's forecast: it is expected that the overall market today will be dominated by consolidation

● PP Market: yesterday, the market price rose slightly, and polypropylene futures opened slightly higher, boosting the mentality. Some companies of PetroChina and petrochemical transferred out the factory price, and it was near the end of the month. Traders had little pressure on inventory, mainly on a solid wait-and-see basis, and there was little willingness to sell goods at a profit. Downstream factories were not very active in receiving goods, and the trading volume was concentrated in rigid demand. Reference to local market conditions: Beijing market offer consolidation, hupetrochemical T30S reported 8550 yuan/ton, The market adjustment in Chengdu is not big. Sichuan Chemical l5e89 is reported at 8550 yuan/ton, Shunde market is at a high level, and Maoming T03 is reported at 8400 yuan/ton

forecast today: it is expected that the market will still rise today

● PVC Market: yesterday, the market price was generally stable, with some minor adjustments. Driven by the upward trend of futures and the rise of petrochemical prices, merchants' quotations were more stable, slightly sorted out, operated cautiously, and the transaction situation was better than before. Downstream demand is tepid, and there is a strong wait-and-see atmosphere in the venue. Quotation reference: the offer of Hebei market moved up slightly, and the calcium carbide method type 5 material was delivered with tax declaration of yuan/ton; Shantou market offer rose narrowly, and jinyuyuan 5 was reported at 6930 yuan/ton; Qilu Chemical City market rose slightly, and Qilu S1000 was reported at about 6920 yuan/ton

today's forecast: it is expected that today's market will fluctuate upward

● PS Market: yesterday's market offer fluctuated slightly. The trend of cost side fluctuated, and some petrochemical enterprises raised factory prices to boost the market. However, towards the end of the month, most traders gave up profits and took away goods. The purchase intention of downstream small and medium-sized customers was not high, and the total transaction volume was limited. The on-site trading Universal Experimental machine refers to a machine that can do three or more experiments, and the wait-and-see atmosphere was still strong. Quotation reference: Shunde market quotation slightly adjusted, Zhanjiang new Zhongmei 525 reported 9100 yuan/ton; The quotation of Beijing Tianjin Hebei market continued to rise, and PetroChina 500 reported 9850 yuan/ton for self delivery; The quotation of Dongguan market was sorted out in a narrow range, and the price of Zhenjiang pg33 was 9420 yuan/ton

today's forecast: it is expected that the market price will be stable and minor today

● ABS market: yesterday's market trend was stable and preferred, and the trading atmosphere was mainly flat. The trend of the upstream raw material market was volatile and sorted out. Some petrochemical manufacturers transferred out factory prices to boost the spot market. Most businesses operated according to the market, while the downstream still focused on purchasing on demand, with a strong wait-and-see atmosphere. Quotation reference: Ningbo market quotation basically stabilized, 121h Yongxing reported 12500 yuan/ton; The quotation of Dongguan market was sorted out in a narrow range, and the price of Zhenjiang 757K was 11600 yuan/ton; The market quotation of Yuyao rose. 0215a quoted 12300 yuan/ton

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

● PET bottle and chip Market: yesterday, the market price was stable, the upstream raw material futures market rose, supporting the cost of goods supply. Traders mainly shipped at a stable price. Downstream factories were cautious and bought raw materials on demand. Market price reference: water bottle material in East China market was yuan/ton, water bottle 1 in South China market was yuan/ton for an enterprise to enter the graphene industry or for an enterprise to cooperate with graphene related enterprises and research institutions

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

● pet waste recycling market: yesterday, the market price rose by yuan/ton, the volume of crude bottles was limited, the purchase price of crude bottles was increased in many places, the supply of recycled bottle chips remained low, the price of commodity holders was low, the reluctance to sell was strengthened, the renewable chemical fiber market maintained an upward trend, the chemical fiber factory appropriately increased the purchase price of raw materials, the overall trading atmosphere was mild, and the market price reference: the machine white chips in the East China market were at yuan/ton

today's forecast: it is expected that the market will continue to be "good" today