As of 10:00 am on September 28, the China Plastics Price Index fell 1.92 points to 920.51 points, and the China Plastics Spot Index fell 1.07 points to 991.42 points.
First, the upstream express:
Friday (September 25) West Texas Commodity Futures Exchange West Texas light futures settlement price of 66.02 US dollars per barrel, up 0.13 US dollars over the previous trading day, trading range 65.05-67.09 US dollars; London Intercontinental Exchange Brent Crude oil November futures settlement price of 65.11 US dollars per barrel, up 0.29 US dollars over the previous trading day, trading range of 64.08-65.85 US dollars.
Asian vinyl closed at $854-856/ton CFR Northeast Asia (down $20) and $1004-1006/ton CFR Southeast Asia (down $30) on Friday. European ethylene closed at 755-760 euros / ton FD Northwest (down 50 euros) and 940-950 US dollars / ton CIF Northwest Europe (down 50 euros). US ethylene closed at 31.375-31.625 cents/lb, down 0.13 cents.
Second, the manufacturer dynamic:
The Qingdao Haijing PVC plant is basically full-loaded, with normal shipments and balanced production and sales. Today's quotation is stable, and the ex-factory price of the type 5 material is about 6,650 yuan/ton.
The production of PVC equipment in Shaanxi Jintai is normal. At present, the price of the 5 types of materials in the province is about 6,400 yuan / ton, and the price of the delivery in East China is 100 yuan / ton.
Hebei Baoshuo PVC plant is currently under full load, and shipments are generally maintained to maintain a balance between production and sales. The ex-factory price of type 5 electric stone material is 6450-6500 yuan/ton, and the actual transaction can be negotiated.
The Tianjin chemical PVC plant started to be fully loaded, and the shipment was still stable, and the inventory pressure was not large. At present, the local factory price of 8 type materials is about 6,600 yuan / ton, and the price of type 3 is slightly higher than 100 yuan / ton.
The production of PVC equipment in Xinxiang, Henan Province is normal. At present, the ex-factory price of the 3 types and 5 types of materials in the province is 6,500 yuan / ton, and the actual transaction has a discount.
Third, the local market conditions:
In the early morning, the listing of plastic spot malls in the market, the price of PVC categories remained basically stable. On the chloro-Shanghai peak EB101-1 reported 11400 yuan / ton, Shanghai Zhongyuan RB-05C reported 10800 yuan / ton, S-03 reported 9600 yuan / ton, Taiwan Formosa Plastics S-65 reported 7,000 yuan / ton.
The PVC market in Suzhou is light, and the current type 5 ordinary electric stone materials, the mainstream is sent to the price of 6,500 yuan / ton. Downstream demand was flat and market volume was limited.
The PVC market in Linyi area is dull. The general 5 type materials do not include tax quoted at 6200-6250 yuan/ton.
The PVC market in Qilu Chemical City has a flat atmosphere and the price fluctuation is not big. At present, all materials include tax quotes, S700 quoted at 6580 yuan / ton, S1000 quoted at 6490 yuan / ton, QS1050P quoted at 6480 yuan / ton. Merchants are generally bearish on the pre-holiday market, and they are waiting to see the market.
The PVC market in Zhengzhou continued to be weakly consolidating. The price of ordinary type 5 materials excluding tax was 6150-6200 yuan/ton, and the price was 50 yuan/ton. Although the overall supply is still small, but the demand continues to be dull, the pressure on traders to increase shipments, the transaction continues to be sluggish.
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