subject: Plastic Stock Market Briefly In The Week (in February From January To February 5)-pp, Pe, [print this page] HC plastic mesh : IHC plastic mesh : I. Review Quotes
Close this weekend, China Plastic Price Index closed 1037.54 points, down 7.50 points from last week. In the plastic stock index closed 1,132.43 points, down 3.70 points from last week
To stabilize the spot market this week, mainly small Yindie. Because the New Year approaches, rapid loss of market sentiment, traders wait and see attitude breeding. The downstream manufacturers because of the Spring Festival holiday after another, shrinking demand, stocking is limited. Therefore, the overall poor actual transactions, inquiries are also deserted. However, much as the market supply, upstream costs and the outer disk to maintain a higher price, the recent market adjustment may not be large.
Second, the upstream market brief International crude oil market this week, up two down the middle. This week crude oil prices lower because the U.S. dollar rose, weak demand, and crude oil inventories unexpectedly increased. The countervailing factors that fueled the main important oil pipeline attacked in Nigeria, Global Macro Economy Data better. Thursday WTI reported 73.14 U.S. dollars / barrel, slightly by 0.50 U.S. dollars over the same period the previous week. Brent reported that 72.13 U.S. dollars / barrel, unchanged from last week over the same period.
Single market ups and downs this week, staggered, styrene rose significantly. FOB Korea propylene slightly Yindie Far East, the latest closing at 1195-1197 dollars / ton, down 14 dollars from last week over the same period. Asian ethylene market fell slightly, CFR Northeast Asia, the latest closing at 1355-1357 dollars / ton, or 9 U.S. dollars over the same period the previous week; CFR South East Asia the latest closed at 1393-1395 dollars / ton, or 11 U.S. dollars over the same period the previous week. Styrene FOB Korea in Asia rose sharply, the latest offer to 1318-1321 dollars / ton, up 81.25 U.S. dollars over the same period the previous week.
Three brief quotes of all varieties
1, PP This week, the market is generally stable PP, some small Yindie grade. While the ups and downs this week, crude oil quote, but the market price of PP were not the disturbance, the atmosphere was light as usual market transactions. Petrochemical manufacturers to stimulate demand, have listed the implementation of new policies, can result not be satisfactory. Manipulation of active businesses in general are more sluggish, the market sold at no profit or slightly inverted state.
Spot this week, the mall PP plastic offer mixed, adjust the range 20-700 yuan / tons. North China PP market price stable and largely unaffected by the impact of oil and petrochemicals, downstream purchase intention is not high. Market trading is still light, business bearish market outlook. After East China PP market in general or to stabilize. Affected by the petrochemical listed weekly, business mentality frustration, offer small Yindie. After the market stabilized, prices of the impact of market ups and downs of the PP fade out, watching prices steady business turnover of maintaining light. South China PP market price stability, actual transaction price is slightly lower. Businesses are not enthusiastic about the market, not volume. PP market is expected before the holiday is difficult
big as can be appropriately concerned about the post-holiday market trends.
