The hottest spot ABS market of China Plastics on J

On January 2, China Plastics spot ABS market brief

China Plastics price index rose 0.75 points to 1268.29 points; The China Plastics spot index rose 0.11 points to 1250.62 points

I. upstream express:

WTI futures closed at $95.98 per barrel in New York commodity futures trading, down $0.02 from the previous trading day

II. Manufacturer dynamics:

the quotation of Zhenjiang Qimei ABS is stable, and the operating rate of the device is maintained at about 50%. The price of 707k is 15400 yuan/ton, the price of 757K is 15700 yuan/ton, and the price of 757K in East China is about 15800 yuan/ton

the quotation of Ningbo Taihua ABS is stable, with 15a1 quotation of 15900 yuan/ton, 12a1 quotation of 15900 yuan/ton, 15e1 quotation of 15 and even the geographical difference of scattered types being more obvious, 700 yuan/ton, and the actual transaction price is slightly lower. The production of the unit is basically normal, the inventory is not high, and the operation of 8 lines is normal. The quotation of 15a1 in East China market is yuan/ton

the quotation of Ningbo LG Yongxing ABS is stable, and the reference quotation of 121h is 16000 yuan/ton. The actual transaction is slightly preferential, and the overall inventory is not high. The quoted price of 121h in East China market is 16100. It is pointed out that at present, only 2% of plastic is recycled, about yuan/ton

the ABS price of Lanzhou Petrochemical is stable. The quotation in 301 province is 15200 yuan/ton, and the actual batch discount is implemented. The agency price is about 100 yuan/ton lower. The inventory is not large, and most of the goods are shipped to PetroChina region for sales. The unit is in full production

PetroChina Southwest ABS today's delivery price polypropylene material performance analysis and typical utilization remain stable, 0215a delivery price 15200 yuan/ton, 301 delivery price 15250 yuan/ton, 301w delivery price 14950 yuan/ton, and the current inventory is normal

III. local market conditions:

on the first working day of 2008, the quotations of ABS manufacturers stabilized, and most enterprises said that the market will gradually become clear tomorrow and the day after tomorrow. With the rise of popularity in local markets, the trading volume did not increase significantly. Merchants mostly quote steadily and lack confidence in the future market

the ABS market in Yuyao plastic city opened smoothly, and the quotation basically maintained the pre holiday level. However, the downstream factories' efforts to receive goods are still limited, mainly because some traders have not really entered the market after the festival, and they hold a wait-and-see attitude towards the future market. Therefore, it is difficult for the market to make a substantive breakthrough. The latest mainstream quotation is yuan/ton for domestic ABS and yuan/ton for imported ABS

the price of ABS in Dongguan is usually stable, and the market sentiment rebounds, but the actual trading volume does not change much. 15a1 reported 15000 yuan/ton, 757 reported 15550 yuan/ton, 15a1 reported 14800 yuan/ton, 0215a reported 14800 yuan/ton, 707k reported 15050 yuan/ton, 757K reported 15400 yuan/ton. Merchants are cautious in offering, and there is little room for preferential transactions. The above prices are tax exclusive

during the consolidation of Shunde ABS market, the offer of merchants has not changed much, and the recent transaction is very light. 0215a is reported at 14800 yuan/ton, 707k at 15000 yuan/ton, 757K at 15400 yuan/ton, Taihua 15a1 at 15100 yuan/ton, Ningbo 121h at 15100 yuan/ton, 757 at 15650 yuan/ton. The transaction is weak and the market sentiment is weak

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