Brief introduction to ABS market of sinoplastics i

2022-07-27
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As of November 31, 2009, China has been committed to the implementation of circular economy and society. At 10 a.m. on November 0, China's plastic price index reported 1005.28 points, down 0.39 points. The China Plastics spot index fell 0.12 points to 1064.01

I. upstream express:

on Friday (November 27), the settlement price of West Texas light oil futures in January on the New York commodity futures exchange was $76.05 a barrel, down $1.91 from the previous trading day, with a trading range of 72 94 anti rust and anti-corrosion capacity USD; The settlement price of January Brent crude oil futures on the London Intercontinental Exchange was $77.18 per barrel, up $0.19 from the previous trading day, with a trading range of 73 37 dollars

Asian styrene and American styrene markets are closed; European styrene FOB RadM closed 1049 US $50/ton, down US $9.25/ton compared with the previous trading day

II. Manufacturer dynamics:

the outbound price of CNPC North China ABS Tianjin warehouse is stable, with the outbound price of RMB 13050/ton for 0215a, RMB 13050/ton for 301 and RMB 13000/ton for 750A. Shandong warehouse is 50 yuan/ton higher than Tianjin warehouse. Beijing warehouse is 20 yuan/ton higher than Tianjin warehouse. Hebei warehouse is 40 yuan/ton higher than Tianjin warehouse. The recent sales are average and the inventory is not large

the ex warehouse price of CNPC South China ABS is stable, with 0215a priced at 13200 yuan/ton and 750A priced at 13150 yuan/ton. Recent sales are OK, and the supply of goods is normal

the ex warehouse price of CNPC Huadong ABS is stable. 0215a is priced at 13100 yuan/ton, 750A is priced at 13 yuan/ton, and the dual fuselage vehicle manufactured and manually assembled as an air launch platform is priced at 050 yuan/ton, and 301 is priced at 13200 yuan/ton. The recent sales are average and the inventory is not large

ABS pricing of CNPC Northeast branch is stable, and the prices of 0215a and 750A are both 13000 yuan/ton. The recent sales are normal and the inventory is not large

the public quotation of Ningbo LG Yongxing ABS is stable. The 121h reference factory quotation is 13500 yuan/ton, and the actual transaction is slightly preferential. The recent sales are normal, the inventory is small, and the unit is close to full production

III. local market conditions:

the quotation of China Plastics spot Mall () ABS, and some brands have been adjusted, of which abs/8391/Shanghai Gaoqiao reported 13300 yuan/ton, up 600 yuan/ton; Abs/d-190/code for construction and acceptance of Zhenjiang guohengbao building finishing engineering jgj/t29 (2) yuan/ton, up 300 yuan/ton; Abs/fr-500/lg Yongxing reported 18000 yuan/ton, up 100 yuan/ton; Abs/pa-707k/Zhenjiang Qimei reported 13500 yuan/ton, up 250 yuan/ton; Abs/750a/Daqing Petrochemical reported 13300 yuan/ton, up 300 yuan/ton

since last weekend, the ABS offer in Shunde market has been slightly loose, with a range of about 50 yuan/ton. Recently, there have been few transactions, and the confidence of businesses has been slightly suppressed. Downstream users mainly purchase in small quantities. The terminal demand is weak and the overall supply of goods is sufficient

Dongguan ABS market slightly weakened by about 50 yuan/ton. Traders mainly carry out shipping arbitrage, and the transaction is weak. Downstream users insist on purchasing on demand. The overall inventory is normal, and the demand of downstream factories is weak

the morning offer of Ningbo ABS market weakened slightly, and the participants' mentality was general. There are few recent enquiries and there is a slight resistance to the transaction. The demand of end users is weak, and the supply of some goods in the market is tight

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