The hottest spot ABS market of China Plastics on J

2022-08-23
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On June 16, the China Plastics price index fell 13.91 points to 1542.24 points, and the China Plastics spot index rose 0.64 points to 1484.2 points

I. upstream express:

WTI crude oil on the New York Mercantile Exchange fell 1.88 to 134.86 dollars/barrel today, and Brent crude oil prices fell 1.84 points to 134.25 dollars/barrel

II. Manufacturer dynamics:

due to the tight supply in the Asian market, the price of butadiene soared US dollars/ton this week. According to the market view, the high price of naphtha and the decline in the operation of steam cracking unit are the main reasons for the tight supply. Samsung total sold the goods to Korean end-users at a transaction price of $2650/ton FOB Korea. The delivery date was the second half of July, with a total of 1000 tons. The buyer was unidentified. Malaysia Datong chemical sold a shipment of US $2580/ton FOB Pasir Gudang on Tuesday. The shipment date was in July, with a total of 2000 tons. The buyer is trammochem AG. Due to the high cost of naphtha, the operating rate of several cracking units has been reduced, and the price of butadiene has increased by more than $600/ton since May. Due to the needs of earthquake relief and reconstruction, Sinopec announced on June 4 that it would reduce the production of 65000 tons of ethylene to increase the supply of fuel oil. Meanwhile, due to the impact of summer grain harvest and the Olympic Games, Sinopec will reduce its butadiene production by 11000 tons. A company official said on Tuesday that Sinopec expects to restart its 2# cracking unit shut down by Maoming Petrochemical due to fire during the month. Because of the fire caused by lightning strike on June 3, the two cracking units of Maoming Petrochemical were all shut down. On June 5, Maoming Petrochemical restarted the 1# cracking unit, with a butadiene capacity of 40000 tons/year, but Sinopec also plans to shut down the downstream SBS unit for one month to offset the supply shortage. In the downstream, the prices of butadiene and styrene butadiene rubber are strong, with the price of styrene butadiene rubber at $3500/ton and CIS butadiene rubber at $3500/ton. The buyer's intention of traders will remain at US $2550/ton CFR China this week

on Friday, the European styrene market fell slightly by US $2.50 to close at US $per ton FOB Rotterdam, and the market quotation fell. A single cargo transaction in June was US $1635/ton FOB Rotterdam, Ineos was sold to traders, and the port price was also at this level. Opening in the morning, I heard that a single July cargo transaction on Thursday was $1640/ton FOB Rotterdam, so the market negotiation in the morning was in the range of $1640/ton. However, due to the strong attitude of buying and bidding, the market fell slightly. As of the closing, the market negotiation was in $1640/ton FOB Rotterdam, and the temperature was too high

as of 8:07 on June 16, Beijing time, the July 2008 New York light oil futures electronic disc was 134.29 per barrel, down 0.11 from the previous closing price, with a trading range of 134 87 dollars

can only be three. Local market conditions:

Ningbo Taihua ABS device has not resumed production. It is reported that line 2 is expected to resume production within two weeks, and the maintenance period of line 1 may be two weeks to two months. However, this information has not been publicly confirmed by the manufacturer. This market rose 500 yuan/ton. The reference quotation of 15a1 is 18000 yuan/ton, the reference quotation of 12a1 is 18000 yuan/ton, and the reference quotation of 15e1 is 17800 yuan/ton. The actual transaction price is slightly preferential. Recent sales are OK, with less inventory

Zhenjiang Guoheng ABS began to increase by 500 yuan/ton today. D180 quoted 17500 yuan/ton, D190 quoted 17400 yuan/ton, and the actual transaction price was slightly lower. Last week's sales were OK, and the inventory was normal

the ps/abs market in Yuyao plastic city fell at a high level. ABS' quotation is mainly stable, PS continues to be in a downward trend, and the market quotation is slightly chaotic. Because the profit of the source of goods in hand is still abundant, traders basically focus on shipping. The latest mainstream quotation for domestic ABS is yuan/ton. Imported ABS is yuan/ton. GPPS is yuan/ton, hips is yuan/ton

note: this 1 is an enterprise, and the latter three kinds of equipment are supporting equipment industry that cooperate with the impact tester to conduct impact experiments. Entering the graphene industry or the cooperation between an enterprise and graphene related enterprises and research institutions, the reprinted content is indicated with the source. The reprint is for the purpose of transmitting more information, and does not mean to agree with its views or confirm the authenticity of its content

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