The hottest October 8 China Plastics spot ABS mark

2022-09-28
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On October 8, China Plastics spot ABS market overview

China Plastics price index fell 7.20 points to 1151.73 points, and China Plastics spot index fell 1.61 points to 1238.69 points

I. upstream express:

WTI crude oil on the New York Mercantile Exchange rose $2.25/barrel to $90.06/barrel today, running up the home furnishing industry nbsp; Wood plastic materials, Brent crude oil rose 0.98 U.S. dollars/barrel to 84.66 U.S. dollars/barrel

II. Manufacturer dynamics:

on Tuesday, European styrene closed down $40.33 to 1280 30 dollars/ton. Demand continues to be sluggish, and the price difference between pure benzene and styrene is close. In November, the small package price of styrene goods remained at $1300/ton FOB r''dam, which has not been confirmed yet. Pure benzene fell, and styrene manufacturers had weak intention to take over. Changes in the exchange rate between the euro and the US dollar led to continued light market transactions. On the basis of the weakness of styrene and phenol ketone, the price of pure benzene continued to fall below 1000 US dollars/ton

styrene in the United States fell 6.25 cents to 73.5 cents/pound on Tuesday, About to decline, Slater told the American fast company magazine station: "Most plastic waste is still very large. 159 US dollars to US dollars/ton. The spot price continues to decline, and a single order is traded at 74 cents/pound. One manufacturer said that the price decline is reasonable because more and more devices are operating at full capacity. Compared with the light demand, the current styrene supply remains high.

affected by international crude oil fluctuations, the Asian pure benzene market closed sharply on Tuesday, falling by 35 US dollars/ton. FOB Korea closed at 919..00 US dollars/ton, Southeast Asia Asia closed at 900 US $50/ton, a record low in the past two years, and the fundamentals of Europe and the United States are further weak. On Monday, pure benzene fell 20 cents to 360 cents/gallon in November, and goods fell 25 cents to close at 350 cents/gallon in December. European pure benzene fell $57.50/output: built in printer MT to $1010/mt CI based on the above reasons f Ara. Asian morning market buyers mostly stayed on the sidelines, with transactions of pure benzene in December at $900/mt. Near the closing, the market negotiation atmosphere improved. There were three orders of pure benzene sold off the screen after 12 months, which were ty Chem vs Vitol $912/mt, JJ vs SK energy $916/mt, bit vs itol $920/mt. In the Korean market, it has been determined that 15000 MT of pure benzene was loaded and sent to the U.S. harbor area in October. The FOB valuation of the cargo in November was $919.50/mt in Korea and 360 cents/gallon in the U.S. harbor, with a price difference of about $157.98/mt. Another confirmed shipping date is October, loading 3000MT pure benzene from Qingdao port, China to Dashan, South Korea

III. local market conditions:

the actual implementation of Changzhou Xinhu ABS sales is a single talk. Ac800 offers 15950 yuan/ton for external reference. The actual transaction price is quite different from it, and there is not much inventory. The offer of ac-800 in East China is about 15800 yuan/ton. During the festival, the production of the device was greatly reduced, and now it has been increased one after another

yesterday, the ABS price of Ningbo Taihua fell by 200 yuan/ton, and today the price stabilized. 15a1 reference quotation is 16100 yuan/ton, 12a1 reference quotation is 16100 yuan/ton, and 15e1 reference quotation is 15900 yuan/ton. The actual transaction is slightly preferential. The inventory is normal, and the operating rate of the device is%

this morning, the ps/abs market atmosphere in Yuyao plastic city was flat, the overall market was stable, and some were adjusted in a narrow range. As the downstream demand continues to be weak, the transaction atmosphere is difficult to improve, and the market is still difficult to get rid of the weak pattern. At present, the latest mainstream quotation of domestic ABS is yuan/ton. The mainstream quotation of imported ABS is yuan/ton. The mainstream quotation of GPPS is yuan/ton, and that of hips is yuan/ton

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