Analysis and forecast of the latest domestic plast

The latest domestic plastic market analysis and forecast

Abstract: on February 27, the latest domestic plastic data statistics show that the PE market price is expected to remain low, and the PP market is still in a downward trend. P guests also collectively visited the center and resin factory. VC expects that today's market is mainly stable... Affected by the decline in costs and inventory pressure, the market has a relatively obvious correction. If the above situation is not effectively improved, the market is still difficult to get rid of the weak market situation, and some brands need to make up for the decline

on February 27, the latest domestic plastic data statistics showed that the PE market price is expected to remain low, the PP market is still in a downward trend, and the PVC market is expected to be stable today... Affected by the cost decline and inventory pressure, the market has a relatively obvious correction. If the above situation is not effectively improved, the market is still difficult to get rid of the weak market situation, and some brands need to make up for the decline

[futures market]

US crude oil (7:42): 54 up 0.01

● international oil prices fell on the 24th

crude oil futures fell on Friday as the still huge US oil supply continued to depress the market. The April crude oil futures contract in New York closed down US $0.46, applicable to testing material structure or composite materials, or 0.84%, and the settlement price was US $53.99 per barrel. Brent crude oil futures in April closed down $0.59, or 1.04%, at $55.99 a barrel

analysis and prediction of domestic plastic market on February 27

[today's news]

● Zhenhai Refining and chemical successfully developed and produced new polypropylene products

recently, Zhenhai Refining and chemical polypropylene plant successfully developed and produced food grade medium melt index transparent material (M19 cross linked polyethylene (PE-X) pipe system for cold and hot water gb/t 18992.2-2003et), filling the gap of this special material in East China. So far, Zhenhai Refining and chemical has increased the number of new polyolefin products and special materials to 20, further improving the market competitiveness of polyolefin products of the enterprise

● Jilin Petrochemical Ethylene tail oil cracking optimization has obvious effect

recently, the scientific research results report of Jilin Petrochemical Research Institute shows that the research on improving the comprehensive benefits of ethylene tail oil cracking has been successful, and the optimized ethylene tail oil cracking has achieved an effect of more than 30 million yuan. According to the project leader, after the optimization of tail oil cracking, the plant reduced the tail oil cracking temperature from 838 ℃ to 810 ℃, increased the yield of diene from 48.97% to 50.24%, and increased the yield of triene from 53.41% to 56.07%. The effect is very obvious

[Petrochemical trends]

● PE Petrochemical trends: Zhongyuan Petrochemical MTO unit produces 1820 powder, and LLDPE old equipment produces 7050. General inventory

● PP Petrochemical trends: shutdown and maintenance of PP unit in Jinan refinery. At present, the manufacturer's inventory is not large, and the sales situation is general

● PVC Petrochemical trends: Fangda Jinhua PVC plant is running at full load, and the shipment is not smooth. Today, the new quotation is implemented. At present, the calcium carbide method type 5 material leaves the factory with the pointer at zero, and the spot exchange of 6450 yuan/ton is quoted. The actual transaction can be negotiated

● PS Petrochemical News: Zhenjiang Qimei PS has a stable listing and offer, with pg33 at 13200 yuan/ton, pg22 at 13300 yuan/ton, and pg383 at 13300 yuan/ton; Ph88 is quoted at 14200 yuan/ton, ph888h at 14300 yuan/ton, ph88ht at 14300 yuan/ton, and the firm offer is about 200 yuan/ton

● ABS Petrochemical dynamics: Jilin Petrochemical ABS unit is normal, of which one set of 180000 ton units produces 0215a, two sets of 200000 ton units produce GE150, h816, st157, fr-800d, ge160, ge170, and three sets purchase 0215asq and 0215h

● pet Petrochemical trends: the price of Xiamen Tenglong polyester bottle chip is reduced by 100 yuan/ton, the quotation of water bottle grade and hot filling is 8350 yuan/ton, and the price of carbonation is 100 yuan/ton. The actual transaction is priced by volume

[early evaluation and prediction of plastics]

● PE early evaluation: last Friday, the market price fell weakly, and the linear futures opened slightly lower and fluctuated. In addition, some companies of PetroChina and petrochemical lowered the ex factory price, there was a strong pessimistic atmosphere in the floor, and the downstream factories were lack of receiving capacity. The overall source of goods was digested slowly, and traders accompanied them actively to make profits and promote transactions. Reference to local market conditions: Hebei market was mainly reorganized, and 5502 was only reported at 10000 yuan/ton, Changzhou market quotation fell, LAN 2426h reported yuan/ton, Shantou market fell partially, Fulian 7042 tax-free 8980 yuan/ton

today's forecast: it is expected that the market price will remain low today

● PP morning review: last Friday, the market price continued to fall, polypropylene futures opened slightly lower and fluctuated, which was difficult to boost the market. Individual companies of PetroChina and petrochemical lowered the ex factory price, traders continued to follow the decline in shipping and inventory clearing, downstream factories' purchasing enthusiasm was not good, and the transaction atmosphere did not improve. Reference to local market conditions: Qilu Chemical City market quotation fell, Shijiazhuang T03 reported 8600 yuan/ton, and Shanghai market was weak and down, Sichuan l5e89 reported 8650 yuan/ton, Wuhan market fell slightly, and Wuhan T03 reported 8550 yuan/ton