Home > News > Chemical products fall sharply at the beginning of the year and plastics market is more difficult

Chemical products fall sharply at the beginning of the year and plastics market is more difficult

wallpapers News 2020-12-10

Dalian Commodity Exchange plastics 1505 fell 255 yuan / ton, or 2.97%, to 8330 yuan / ton on the first day of the new year's opening, with 779000 transactions 403000 positions. Pp1505 fell even more sharply, down 375 / T, or 4.70%, closing at 7597 yuan / T, 562000 hs traded 265000 positions held. The price limit of pp1501 contract was closed at the beginning of trading, closing at 9131 yuan / ton.

according to the inventory report data of China Plastics information, as of December 31, 2014, the total inventory of domestic PP PE major markets continued to decline, with a decrease of 4.87% compared with the end of last month a decrease of 2.15% compared with the same period of last year. In terms of inventory structure, PP PE inventory decreased. In the first half of this month, PP inventory decreased by 2.53% compared with the end of last month, increased by 1.19% compared with the same period of last year; PE inventory decreased by 5.66% compared with the end of last month, decreased by 3.26% compared with the same period of last year. From the regional point of view, the southern Northern inventory decreased this month. Compared with the end of last month, the inventory in northern China decreased by 3.64%, increased by 1.16% compared with the same period of last year; inventory in southern China decreased by 5.65% compared with the end of last month, decreased by 3.93% compared with the same period of last year. Overall, inventory in December not only continued to decline, but also exped. On the first day of the opening of

, the ex factory price of LLDPE was generally stable, the prices in some regions were not uniform. Fujian Lianhe 7042 price was quoted at 9650 yuan / ton, Guangzhou Petrochemical 7042 price was raised 50 yuan / ton was quoted as 9850 yuan / ton, Maoming Petrochemical 7042 was quoted as 9800 yuan / ton, Qilu Petrochemical 7042 was quoted as 9500 yuan / ton, Yangzi Petrochemical 7042 was quoted as 9900 yuan / ton, PetroChina East China 7042 was quoted at 9900 yuan / ton. The ex factory price of PP generally fell. The T30S price of Daqing Refining Chemical Co., Ltd. was reduced by 200 yuan / ton to 9000 yuan / ton, Fujian United T30S price was reduced to 9600 yuan / ton, Maoming Petrochemical T30S price was reduced by 200 yuan / ton to 10100 yuan / ton, the T30S price of Qilu Petrochemical Company was quoted at 9250 yuan / ton, the T30S price of PetroChina East China was reported at 9200 yuan / ton.

were affected by the expectation of inventory decline. In the last week of last month, the spot market prices of plastics PP rose, the futures prices also rebounded. However, before the holiday, we still think that the rebound is only short-term, it is not recommended to hold more stocks for holidays. The falling trend of plastics PP remains unchanged. Although from the inventory data, the inventory of plastics PP decreased, the decline rate exped, but only brought a small wave of rebound sentiment for the market, the reduction of inventory did not change the market. Today, plastic PP fell sharply. On the one h, crude oil in the external market remained in a downward trend, with the WTI contract in February falling as low as $51.44, just one step away from $50. On the other h, the domestic market continues to be depressed, the 1505 plastic contract of 8000 yuan is still available.


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