Brief introduction to spot ABS market of sinoplast

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On July 20, 2009, the China Plastics price index rose 2.72 points to 975.36 points, and the China Plastics spot index rose 0.41 points to 1010.26 points

I. upstream express:

on Friday (July 17), the settlement price of West Texas light oil futures in August on the New York commodity futures exchange was $63.56 a barrel, up $1.54 from the previous trading day, with a trading range of 61 $99; The settlement price of September Brent crude oil futures on the London Intercontinental Exchange was $65.38 per barrel, up $1.63 from the previous trading day, with a trading range of 62 $93

Asian styrene closed at 1065 on Friday US $75/ton FOB Korea (up US $9.75) and US $5/ton CFR China (up US $5). The price of styrene in the United States is 47 Cents, closing 0 percent higher, affecting vertical installation 15 cents

II. Dynamic improvement technology and product level of the manufacturer:

the start of Zhenjiang Qimei ABS device is stable. Today, the ex factory quotation is reduced by 200 yuan/ton, 707k is reported as 12100 yuan/ton, 757K is reported as 12300 yuan/ton. The manufacturer's inventory is low and sales are average

Panjin Ethylene ABS quoted a public ex factory price, and ch510 quoted a price of 12050 yuan/ton. The unit will continue to be overhauled after unexpected shutdown, and will not be exported for a short time

Zhenjiang Guoheng ABS unit is close to full capacity production. Today, the reference quotation is lowered, D180 is lowered to 12300 yuan/ton, D190 is lowered to 12000 yuan/ton. The manufacturer's inventory is low and sales are average

the ABS unit of Jilin Petrochemical Company is in normal production. Today, the listed sales price in the province was raised by 250 yuan/ton, and 0215a was reported as 12350 yuan/ton. The manufacturer sells generally, and the inventory is not large

the ABS unit of Daqing Petrochemical began to be shut down for maintenance on June 6. Today, it was listed and increased by 250 yuan/ton, and the 750A was reported as 12350 yuan/ton. The manufacturer's sales were average, and the inventory was tight

III. local market conditions:

the quotation range of the main brands of China Plastics spot Mall () ABS is mainly between yuan/ton. Compared with the same period yesterday, the quotation of the main brands has changed greatly. The quotation of a certain number of brands has been adjusted, with a rise and fall of yuan/ton. Only a small number of brands are allowed to negotiate. The delivery areas are concentrated in Yuyao, Cixi, Suzhou and Yingkou. Among them, Jilin Petrochemical reported 12500 yuan/ton for 0215a, 12600 yuan/ton for LG Yongxing 121h, 12300 yuan/ton for Ningbo Taihua 15e3, 12200 yuan/ton for South Korea Jinhu 750nsw and 13200 yuan/ton for Xinhu ac800

the supply of goods in Dongguan ABS market is normal, and the end users are not enthusiastic about purchasing. The mentality of the merchants was average, and the market quotation increased by yuan/ton. Jilin Petrochemical reported 11500 yuan/ton for 0215a, Taiwan Taihua 15a1 reported 11500 yuan/ton, Zhenjiang Qimei 757K reported 17500 yuan/ton, Taiwan Qimei 757 reported 11800 yuan/ton, and Ningbo Taihua 15e1 reported 11400 yuan/ton. The above prices do not include tax

the demand of downstream factory warehouse in Shunde ABS market is poor, and the purchase volume is small. The market offer rose by yuan/ton, and the transaction was improved. Ningbo Taihua 15a1 reported 11600 yuan/ton, Jilin Petrochemical 0215a reported 11700 yuan/ton, Zhenjiang Qimei 707k reported 11700 yuan/ton, Thailand 850 reported 11700 yuan/ton. In case of loose tons, Changzhou Xinhu ac800 reported 11550 yuan/ton. The above prices do not include tax

the supply of ABS in Ningbo is basically normal, the downstream demand is weak, and the purchase volume of terminal buyers is still low. There is little change in the market offer. 0215a quoted 12600 yuan/ton, 121h quoted 13000 yuan/ton, 757K quoted 13000 yuan/ton, 707k quoted 12800 yuan/ton, and 15a1 quoted 13000 yuan/ton. All the above are tax inclusive prices

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