The hottest plastic Market Forecast on March 3

2022-08-24
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March 3 plastic market forecast

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core tip: due to the expectation of OPEC production reduction and central bank measures, international crude oil futures rose by more than 4% on Monday, reversing the intraday decline to multi-year lows. WTI crude oil futures contract in April rose $1.99, or 4.5%

international crude oil futures rose more than 4% on Monday in hopes of OPEC production reduction and central bank measures, reversing the intraday decline to multi-year lows. WTI crude oil futures contract in April rose $1.99, or 4.5%, to settle at $46.75 a barrel. Brent crude oil futures in May rose $2.23, or 4.5%, to settle at $51.9 a barrel

[Market Overview and forecast]

● PE market: yesterday's market price was stable and small. Linear futures rose. At the beginning of the month, merchants took a wait-and-see attitude, and most of them adjusted their offers according to the supply and demand situation, resulting in a poor trading atmosphere for the firm offer. The downstream transaction follow-up is weak, and the overall trading atmosphere is light. Quotation reference: the quotation of Qilu Chemical City market fell, and Qilu 2100tn00 was reported at 7240 yuan/ton; Shunde market is loose in a narrow range, with Guangzhou 7042 tax-free yuan/ton; Shanghai market quotation is sorted out, and Shanghai Petrochemical q281 is quoted at RMB/ton

today's forecast: it is expected that the market will not improve for the time being

● PP Market: the market price was stable and dynamic yesterday. Polypropylene futures rose, the market improved slightly, the ex factory price of petrochemicals was stable and small, the operation strength of merchants was not strong, the mentality tended to polish every detail of the link carefully, and it was cautious to explain that the national audit of new energy vehicles was significantly higher than expected, mainly on the sidelines. Downstream factories and logistics have resumed work one after another, and low-cost transactions have improved. Quotation reference: Hebei market fluctuated in a narrow range, and Huzhou petrochemical T30S reported 7000 yuan/ton; Changzhou market offers are sorted out, and K8003 is extended to 7650 yuan/ton; Beijing market fell slightly, and Yanshan k7726h was reported at 8800 yuan/ton

forecast today: it is expected that the market price will fluctuate slightly today

● PVC Market: yesterday, the market price fluctuated slightly, and the sales price of traders fell steadily. The operating rate of upstream production enterprises rebounded slightly, the manufacturer's inventory is still high, and the supply is in an adequate state. In the slow recovery of downstream construction, logistics transportation and personnel rework have improved, and the activity of market participants has increased. However, it will take time for market demand to expand. Quotation reference: the market atmosphere in Hebei is general, mainly based on the market, and the calcium carbide method type 5 material is reported to be delivered at about yuan/ton; The offer in Guangzhou market is stable. At present, the mainstream quotation of ordinary electric stone is yuan/ton; Zhengzhou market offer was adjusted in a narrow range. At present, the mainstream reference price of calcium carbide method type 5 tax included is about RMB/ton

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

● PS Market: the market continued to decline slightly yesterday. Market inventory pressure is too high, coupled with the impact of poor delivery, the focus of real order negotiation has shifted slightly downward, merchants mainly take goods at low prices, and the trading atmosphere is depressed. Quotation reference: Shantou market quotation fell sharply, Xinghui 118 reported 7880 yuan/ton; The reference quotation of Dongguan market declined, and Zhenjiang Qimei pg33 was reported at 8780 yuan/ton

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

● ABS market: the market quotation fell yesterday. Traders are pessimistic about future generations, actively sell goods at a profit, and negotiate a firm offer; The terminal is trying to resume work; Petrochemical plant inventory remained high. Quotation reference: this has also produced many controversial consequences. The quotation in Dongguan market generally fell, and Ningbo Taihua 15e1 was reported at 9980 yuan/ton; Shantou's market quotation fell sharply, and Jihua 150's PHA can be as strong as engineering plastics, 9980 yuan/ton

today's forecast: it is expected that today's market is partially soft

● PET bottle chip Market: the market range was deadlocked yesterday. Crude oil fell continuously, polyester dual raw material trend was weak, cost support was general, and the offer of mainstream bottle chip manufacturers was temporarily stable. Merchants have a general mentality and follow the market. Downstream demand is cautious, operators wait-and-see, mainly bargain hunting. Market reference: price reference of water bottle materials in East China market; The price of water bottle materials in South China market is self reference; The price of water bottle materials in North China market is self-contained

today's forecast: it is expected that the market will fluctuate at a low level and the price fluctuation will be limited today

● pet waste recycling market: the market was light yesterday. Under the pressure of low price of new materials, the mentality of the operators is poor, the pace of resumption of work in the field is not fast, and the market uncertainty is still large, so it is difficult to significantly increase the subsequent recovery of wool bottles. Downstream recycled chemical fiber returned to the market more, but affected by adverse factors such as labor, the operation was low and the delivery and investment were weak. Market reference: the imitation Dahua on machine white film in East China market is about 5250 yuan/ton

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

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