PE: Most domestic polyethylene spot market prices have risen, and the adjustment range is 50-150 yuan/ton. The ex-factory prices of enterprises have been partially raised, driven by superimposed crude oil and disk rises, the recent macro support and the decline in petrochemical stocks have played a positive role in the polyethylene market. Judging from today's transaction atmosphere and downstream demand, the inventory of manufacturers is expected to continue to decline. Although new devices are expected to be put into production in South China, the impact on market supply is limited in the initial stage. It is expected that the domestic polyethylene spot market price will continue to rise tomorrow, and the mainstream price of LLDPE in North China and South China will be around 8,400 yuan/ton. (tax not included)
PP: At present, the production ratio data of domestic production enterprises by variety shows that the impact of parking has increased, at 15.93%. The ratio of wire drawing production schedules increased in a narrow range, at 30.61%. Today, most upstream petrochemical manufacturers raised their ex-factory prices, and the center of gravity of spot offers continued to move upwards. Recently, there have been more parking and maintenance devices. Although Sinochem Hongrun and Guangdong Petrochemical have successively put into production, the products have not yet been officially launched on the market. 76.27%, the supply side continues to shrink. From the demand side, after the spot price rises, the downstream high-level transactions are blocked, and the market is expected to be strong tomorrow. The mainstream price of polypropylene drawing in South China is around 7,950 yuan/ton. (tax not included)
PS: The domestic PS market fluctuated within a narrow range, ranging from 50-150 yuan/ton. The raw material styrene fluctuated and rose, driving the prices of some grades to rise slightly. Some PS devices that were parked in the early stage resumed stable production, and some supplies recovered, and there were also cases of profit-making shipments. On Tuesday, the styrene market in East China rose by 165 yuan/ton to close at 8,550 yuan/ton, in South China it rose by 150 to close at 8,525 yuan/ton (self-collection), and in Shandong rose by 75 yuan/ton to close at 8,625 yuan/ton. The cost center of gravity fluctuates upwards, and the support strength has strengthened to a certain extent. With the recovery of parking devices and stable production in the early stage, the supply of goods has increased to a certain extent. The market may be cautious about high-priced goods. It is expected that the short-term PS market will be dominated by a narrow range. The mainstream price of GPPS in South China is around 8,450 yuan/ton. (tax not included)
EPS: Asian stock markets generally rose, the market was optimistic about the recovery of Chinese demand, and international oil prices rose. NYMEX crude oil futures were closed for one day due to Washington’s birthday, and there was no settlement price; domestic EPS prices rose, Jiangsu common materials were around 9,400-9,500 yuan/ton, and retardant fuels were around 10,200-10,300 yuan/ton. Styrene continued to be strong, merchants were generally willing to purchase, and the downstream still mainly digested orders, and the overall transaction was average. It is expected that the domestic EPS price may be relatively strong in a narrow market in the near future. The price of common EPS material in South China is 9550 yuan/ton. (tax not included)
PET: The spot price of PTA rose 125 to 5560, ethylene glycol rose 70 to 4221, and the equivalent polymerization cost was 6167.84, an increase of 130.33 yuan/ton from the previous trading day. Cost support, the price of polyester bottle flakes rose 100, and the market center of gravity followed With the upward adjustment, the holders are reluctant to sell at low prices, and the market center of gravity moves up. Downstream factories are picking up goods intensively, and foreign trade has begun to deliver goods. The supply of some goods is tight and the cost support is strong. Therefore, the market price of polyester bottle flakes is expected to be relatively strong in the short term. The price of polyester bottle flakes and water bottle materials in South China is 7,275 yuan/ton. (tax not included)
PC: The domestic PC market remains on the sidelines and fluctuates. The latest price adjustments of some domestic PC factories were announced in the morning, with a drop of 200-600 yuan/ton. Zhejiang factories closed 5 rounds of auctions, down 100 yuan/ton compared with last week; from the spot market, although domestic PC factories this week hit a record low , but under the shortage of main factories, the spot center of gravity has not dropped sharply. In addition, the participation of Zhejiang factories in the auction is acceptable, and the overall attitude of the industry is mild. , Firm offer is limited. It is expected that the domestic PC market will be difficult to shake at a low level in the near future, or it may continue to be weak and volatile. The price of Covestro 2805 in South China is 15,650 yuan/ton. (tax not included)
Post time: Feb-27-2023