August 15th analysis of domestic polypropylene market trend

First, manufacturers dynamic PP



On the 15th, the prices of some manufacturers rose slightly. The drawing price of East China drawing T30S of PetroChina was 11,200 yuan/ton, up by 100 yuan/ton. The price of BOPP membrane material T38F was 11,100 yuan/ton, and that of Dushanzi S1003 was 11,200 yuan/ton, up by 100 yuan/ton. The homopolymer injection V30G was priced at 11,200 yuan/ton, up 150 yuan/ton. PetroChina Southwest's price rose 50-100 yuan/ton, the latest Lanhua drawing T30S listed price 11300 yuan/ton, Qingyang T30S listing price 11250 yuan/ton, S1003 listing price 11300 yuan/ton, membrane material T38F listing price 11300 yuan/ton , Dushanzi copolymer material EPS30R listing price 11350 yuan / ton, K8003 listing price 11250 yuan / ton, 4228 listing price of tube 12,050 yuan / ton. Dushanzi Petrochemical PP oil sales Northwest Branch drawing T30S/S1003 Xinjiang within the listing price of 11050 yuan / ton, EPS30R/K8003 Xinjiang within the listing price of 11,450 yuan / ton, increased 150 yuan / ton, the material DY-ZK0640P not available.

Second, the market trend crude oil rebounded after the rebound, the petrochemical intentions to increase, but this support is still weak, due to no improvement in the demand side, the transaction is still light, PP market is still mainly in a weak pattern. The current domestic wire drawing/injection plastics are at 11300-12500 yuan/ton, domestic copolymer materials at 11200-12,000 yuan/ton, imported copolymer materials at 11300-12500 yuan/ton, and monofilament powder at 11450 yuan/ton.

North China: The market price in Tianjin is generally stable. The quotation in the Beijing market has risen slightly. Qilu Chemical City Market’s offer has been steady and small. Reference Price: Qilu Petrochemical T30S in 11280-11300 yuan / ton, Daqing Petrochemical T30S reported 11,250 yuan / ton, Daqing Petrochemical V30G in 11,250 yuan / ton; Yanshan Petrochemical K8303 in 11650-11700 yuan / ton, Yanshan Petrochemical PPR4220 in 13200 -13,300 yuan / ton; Shenhua Ning Coal 1102K reported 11,050 yuan / ton; Shenhua Baotou L5E89 in 11,000 yuan / ton; Qingdao large refining oil T30S in 11150-11250 yuan / ton, V30G in 11,150 yuan / ton.

East China: Market prices in Yuyao, Shanghai, Hangzhou, etc. have risen overall; market reports in Nanjing and Changzhou have remained relatively low. Reference quote: Daqing Petrochemical T30S goods less 11,300 yuan / ton, Zhenhai Refinery T30S at 11,400 yuan / ton, Shanghai Secco S1003 at 11,450 yuan / ton, Shanghai Petrochemical T300 at 11,350-11,400 yuan / ton, Shaoxing Sanyuan T30S In the 11350-11400 yuan / ton, Qingyang Petrochemical T30S in 11,300 yuan / ton.

South China: Shantou, Guangzhou, Xiamen market prices generally stable; Shunde market prices fluctuated within a narrow range. Reference quote: Maoming Petrochemical T30S at 11300-11350 yuan / ton, Fujian Refinery T30S at 11250-11300 yuan / ton, Hainan Refinery Z30S without tax at 10,450 yuan / ton; Guangzhou Petrochemical J501 at 11,200 yuan / ton; Shenhua Baotou L5E89 At 11,150 yuan/ton, Guangxi Qinzhou Petrochemical L5E89 was at 11,150 yuan/ton.

Third, the market outlook forecast crude oil prices, most petrochemical manufacturers ex-factory price rise, businesses take the opportunity to slightly higher, the market bullish attitude warming. However, the downstream demand has not been warming. The transaction is still mainly light. Business analyst Xue Jinlei believes that the market is still maintaining a small consolidation trend, and the increase should be limited.

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