Brief introduction to the spot ABS market of sinop

On May 11, 2009, China Plastics spot ABS market overview

China Plastics price index rose 13.11 points to 958.99 points, and China Plastics spot index rose 1.00 points to 1012.07 points

I. upstream express:

on Friday (May 8), the settlement price of West Texas light oil futures in June on the New York Mercantile Exchange was $58.63 a barrel, up $1.92 from the previous trading day, with a trading range of 56 $75; The June futures settlement price of Brent crude oil on the London Intercontinental Exchange was $58.14 a barrel, up $1.67 from the previous trading day, with a trading range of 56 Three dollars

on Friday, Asia styrene FOB Korea closed in US dollars/ton (the trend was stable), while CFR China closed in US dollars/ton (down US $10). On Friday, the price of styrene in the United States was negotiated at 37. 5% in May Cents/pound, the price of goods in June was 38 Cents/pound. Europe styrene rose slightly by $11.25/ton to close at 866 5 dollars/ton

II. Manufacturer dynamics:

the operating rate of Zhenjiang Guoheng ABS device is about 70%, the recent shipment is smooth, and the inventory pressure is not large. The ex factory quotation increased by 200 yuan/ton, and the ex factory price of D180 was 11UL (9) 4:0 4mm@V0/(1. 5mm@V0700 The ex factory price of D190 is 11600 yuan/ton, and the actual transaction is slightly preferential

the annual plastic consumption of the global automotive industry may be as high as 6million tons. Plastic Zhenjiang Qimei ABS device starts normally, and the ex factory quotation is increased by 300 yuan/ton, 757K is reported as 11800 yuan/ton, 707k is reported as 11600 yuan/ton. Inventory is low

Changzhou Xinhu ABS unit started normally and the quotation was stable. The ex factory price of ac-800 was 11500 yuan/ton, and the inventory was not much

lg Yongxing ABS device started normally, and the 121h public ex factory quotation was 11500 yuan/ton. Recently, the shipment was good, and the spot inventory was not much

the sharp increase of 400 yuan in the ex warehouse price of ABS in PetroChina East China lies in the fact that the industrial development faces three bottlenecks: Jilin Petrochemical 0215a reported 11400 yuan/ton, and Daqing Petrochemical 750A reported 11250 yuan/ton. The listing price of CNPC northeast ABS is stable, with the quotation of 0215a at 11500 yuan/ton and 750A at 11500 yuan/ton. PetroChina South China ABS pricing sales, Jilin Petrochemical 0215a and Daqing Petrochemical 750A early flop prices were reported to 11300 yuan/ton

III. local market conditions:

the quotation range of the main brands of China Plastics spot Mall () ABS is mainly between yuan/ton, and the main brands have changed significantly compared with the same period last Friday. Most of the quotations are dominated, with an increase of yuan/ton, and some brands have increased by thousands of yuan. Except for two brands, other brands are not allowed to negotiate, and the delivery areas are concentrated in Yuyao, Guangzhou and Ningbo. Among them, ABS/Black/general/genuine/self-produced reported 7700 yuan/ton, abs/275/injection grade/genuine/Shanghai Gaoqiao reported 10500 yuan/ton, abs/0215a/other/national standard/Jilin Petrochemical reported 11700 yuan/ton, abs/pa-757k/injection grade/genuine/Taiwan Qimei reported 12500 yuan/ton, abs/af-312/other/genuine/LG Chemical reported 17000 yuan/ton, abs/pa-747s white/plate grade/genuine/Taiwan Qimei reported 15500 yuan/ton, Abs/765b/flame retardant grade/national standard/Taiwan Qimei news 21400 yuan/ton

the downstream users of Dongguan ABS market are mainly on the sidelines, and the terminal demand is weak. At present, the offer of merchants has risen by 200 yuan/ton, and the trading atmosphere is still poor. Jilin Petrochemical reported 10950 yuan/ton for 0215a, 11500 yuan/ton for Taiwan Taihua 15a1, 11250 yuan/ton for Zhenjiang Qimei 757K, 11700 yuan/ton for Taiwan Qimei 757, and 11000 yuan/ton for Ningbo Taihua 15e1. The above prices do not include tax

Shunde ABS market supply is normal, the business mentality is OK, and the quotation increases by about 200 yuan/ton. The demand of end users is weak, and the transaction is general. Ningbo Taihua 15a1 reported 11300 yuan/ton, Jilin Petrochemical 0215a reported 11100 yuan/ton, Zhenjiang Qimei 707k reported 11200 yuan/ton, Thailand 850 reported 11350 yuan/ton, Changzhou Xinhu ac800 reported 11300 yuan/ton. The above prices are tax exclusive. Main experimental waveforms: supported by the controller (including sine wave, square wave, 3-angle wave, oblique wave and external input waveform)

the supply of some goods in Ningbo ABS market is relatively small, and the quotation is firm. Downstream inquiries increased, and the trading atmosphere rebounded significantly. The market quotation increased by yuan/ton, and the downstream purchasing enthusiasm was general. The quotation of 0215a is 11800 yuan/ton, that of 15a1 Ning is 11900 yuan/ton, that of 757K is 11900 yuan/ton, that of ac800 is 11800 yuan/ton, and that of D180 is 11800 yuan/ton. All the above are tax inclusive prices. (provided by China Plastics information)

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