The hottest plastic Market Forecast on June 14

2022-10-01
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On June 14, the plastic market forecast

[China Packaging News] two oil tankers had been attacked in the Gulf of Oman, causing market concerns that the volume of crude oil trade through one of the world's major routes would decrease, and international oil prices closed higher on Thursday. US crude oil futures rose $1.14, or 2.23%, to close at $52.28 a barrel. Brent crude oil futures closed up $1.34, or 2.23 percent, at $61.31 a barrel

[Market Overview and what are the functional characteristics of pre paperboard tensile testing machine? Do you know?]

● PE market: yesterday's market continued to decline. Linear futures ended up in shock, but it was difficult to find good news in the market. Traders maintained a wait-and-see mentality and continued to take goods flexibly. The purchasing enthusiasm of downstream factories has not been significantly improved, and the actual transaction is difficult to effectively follow up. Quotation reference: Shanghai market quotation sorting, SECCO 0220kj reported 7850 yuan/ton; Chengdu market quotation is sorted out, and China coal 7042 is quoted at 7750 yuan/ton; Guangzhou market offers are sorted out, and Maoming 2426h offers 8650 yuan/ton

today's forecast: it is expected that the market price will be slightly sorted out near the weekend

● PP Market: yesterday, the market price was stable, and crude oil fell sharply to hit the mentality. However, polypropylene futures fluctuated higher, easing the pessimism in the market. In addition, PetroChina and Sinopec maintained the stability of ex factory prices, the willingness of shippers to make profits was not high, the terminal demand was insufficient, and the firm purchase maintained a rigid demand. Reference to local market prices: Qilu Chemical City market weak consolidation, Fushun l5e89 reported 8470 yuan/ton, Hangzhou market slightly consolidation, Shaoxing T30S reported 8330 yuan/ton, Guangzhou market was stable and small, and Jinxi Petrochemical 1102k reported 8330 yuan/ton

today's forecast: it is expected that the market will finish in a narrow range over the weekend

● PVC Market: the market was basically stable yesterday. The performance of e-commerce omnipotence has been improved qualitatively. The mentality is unstable, the anxiety is heavy, the willingness to operate is low, the downstream inquiry has increased, and the trading atmosphere has been significantly improved compared with the previous one, but the overall actual transaction is still general. Quotation reference: Changzhou market is in a narrow range, and jinyuyuan 5 is reported at 6680 yuan/ton; The quotation in Guangzhou market was stable, and Jinwei/Tianhu 5 type was reported at 6750 yuan/ton; Hebei market quotation is stable, and calcium carbide method type 5 materials are delivered without tax yuan/ton

today's forecast: it is expected that today's market offer will be slightly sorted out

● PS Market: yesterday, the market rose steadily, and the recent sharp rise of raw material styrene has led to a sharp rise in PS costs. However, although the upstream monomer has risen strongly recently, the poor performance of downstream demand is still the main factor hindering the stability of the market atmosphere, holding a wait-and-see attitude, and there are few actual transactions. Quotation reference: some offers in Dongguan market rose, with Guangzhou 525 offering 8900 yuan/ton; Part of the offer in Ningbo market rose, 535n was quoted at 10000 yuan/ton; The market quotation of Yuyao is slightly changed, with 118 quotations, and the preparation plan is still to be refined, with 10600 yuan/ton

today's forecast: it is expected that the market will remain stable today, with individual increases

● ABS market: yesterday, the market was generally stable. Some joint venture manufacturers raised their ex factory prices due to cost reasons. Merchants did not have much trading and had a flat mentality. Downstream factories did not have high purchase intentions, and the market demand was still not high. Quotation reference: Dongguan market prices rose steadily, with Taiwan 765a reported 19700 yuan/ton; The quotation in Ningbo market is basically stable, with 0215a quoted at 11900 yuan/ton; Yuyao market quotation fell slightly, 0215a was reported at 12200 yuan/ton,

today's forecast: the market is expected to remain stable today

● PET bottle chip Market: yesterday, the market focus weakened, the upstream raw material futures market was weak, the cost support was weak, and the traders' offer remained stable, but the firm offer made more profits to promote the transaction, and the downstream willingness to take the initiative to receive goods was limited. The market price reference: the water bottle material in East China market was yuan/ton, and the water bottle material in South China market was yuan/ton

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

● pet waste recycling market: yesterday, the market price was stable and small, the wheat harvest in the North was not over, and some regions were in the stage of environmental protection. In the south, there was continuous rainy weather, and the overall operating rate of the market was low. The supply of wool bottles and recycled bottle chips would continue to be tight for a period of time. The downstream recycled chemical fiber market was still weak, and chemical fiber factories had a general mentality of actively purchasing raw materials, and transactions were mostly concentrated in low price sources, Market price reference: machine white film in East China market is RMB/ton

today's forecast: it is expected that the market will be mostly sorted out today

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