Analysis of ABS price of plastic raw materials on

Analysis of ABS price of plastic raw materials on January 15

I. brief introduction of the market

abs market is generally stable, with some small movements. Merchants still insist on cautious operation, and most of their quotations follow the market, and they hold a wait-and-see attitude. The downstream continues to focus on demand, with little change in demand

ps market atmosphere is flat, and the on-site quotation is stable and small. The terminal continues to focus on demand, the dull situation has not been significantly improved, the trading atmosphere on the floor is still relatively light, and the actual transaction performance is general

II. Brief introduction to the upstream market

the price of international crude oil futures market rebounded on Thursday. The settlement price of WTI light and low sulfur crude oil futures in February on the New York Mercantile Exchange (NYMEX) rose 72 cents to US $31.20 per barrel, or 2.4%. The settlement price of February Brent crude oil futures on the London Intercontinental Exchange (ice) rose 72 cents, or 2.4%, to $31.03 a barrel

Zhou Ma fully supported and was willing to seize the opportunity. 4 (January 14) the quotation of Styrene Market in Asia was stable, and the price of f0b South Korea remained stable and closed at USD/ton; CFR China price remained stable and closed at USD. The installation project took 1 hour/ton

III. local market prices

market quotations are stable and small, downstream demand is still flat, and the wait-and-see atmosphere is strong

the ABS market in Ningbo is generally stable, the on-site negotiation is general, the buying is relatively small, and the transaction is temporarily limited. Most supplies are normal

Dongguan ABS market weakened slightly, the negotiation atmosphere was flat, and some high-end offers were not successful. The enthusiasm for buying is insufficient, and the supply of goods is basically normal

the new material processing technology in Ningbo PS city has also gradually attracted more attention. The overall focus of the market is stable, with a small supply of 5250 goods, and the quotation is still high. The periphery is slightly warmer, which has a certain boost to the mentality of businesses. The downstream follow-up intention was general, and the on-site negotiation atmosphere was not significantly boosted

Dongguan PS market is stable and sideways, with a range of about 50 yuan/ton, and the market trading is still flat. The negative atmosphere in the upstream weakened, driving the market mentality to stabilize. However, the downstream demand is sluggish, the willingness to purchase before the holiday is not high, and there are few substantive discussions. Business mentality is general, wait-and-see trading

IV. in terms of the latest quotation

1. Petrochemical quotation

the listing price of CNPC South China ABS continues to stabilize, with 0215a price of 9150 yuan/ton and 750asq price of 9. The R & D and utilization of thermoplastic elastomer (TPE) between rubber and plastic are becoming more and more mature and extensive, with 300 yuan/ton. Ge-150 price 9100 yuan/ton, 0215asq price 9150 yuan/ton, 0215h price 9100 yuan/ton. Inventory is not high, and recent sales are basically normal

the pricing of CNPC North China ABS is stable, with the price of 0215a Tianjin warehouse at 9000 yuan/ton, 750A Tianjin warehouse at 9100 yuan/ton, 0215h Tianjin warehouse at 8950 yuan/ton, GE150 Tianjin warehouse at 8950 yuan/ton, and 0215asq Tianjin warehouse at 8950 yuan/ton

PetroChina South China branch reduced the PS listing price of Dushanzi Petrochemical individually. Benzene 500 was reduced by 100 yuan/ton to 7950 yuan/ton, 500N to 8250 yuan/ton, and the HIE quotation for benzene was 8200 yuan/ton. The inventory is OK, and the recent shipment is average

PetroChina North China branch reported a stable price for Dushanzi Petrochemical PS, 8100 yuan/ton for benzene penetration 500 and 8150 yuan/ton for benzene HIE, which is the price of Tianjin warehouse

2. Mall quotation

as of 15:00, the quotation of some brands of ABS in China Plastics spot rose by yuan/ton, of which 0215a/Jilin Petrochemical lowest reported 9350 yuan/ton (up 250), and dg-417/Tianjin Dagu lowest reported 9500 yuan/ton (up 300)

v. future forecast

the overall performance of the market is flat. The purchase intention of downstream factories is not high, and the buyers and sellers on the floor hold a wait-and-see attitude, and the actual transactions are less. It is expected that the short-term market will be stable, with some small fluctuations