Analysis of ABS price of plastic raw materials on

February 16 ABS price analysis of plastic raw materials

I. market overview

abs market operation trend is more preferred than yesterday, and some quotations are up. The overall trading atmosphere in the city shows no signs of warming. The downstream is still in the early stage of construction after the holiday, and the demand is poor

ps market quotation is partially upward. Yesterday, some petrochemicals adjusted their quotations at the opening, which was good for the trend of today's spot market. Market shipments are still slow, and the actual transaction atmosphere is weak

II. Brief introduction to the upstream market

oil prices rose slightly on Monday, and the settlement price of April Brent crude oil futures contract on the London Intercontinental Exchange (ice) closed up $0.03 to $33.39 per barrel. The US market was closed because it coincided with President's day

on Monday (February 15), the price of styrene in Asia rose, and the price of f0b South Korea rose $4 to close at 944 5 dollars/ton; CFR China rose $4 to close at 969 5 dollars/ton

III. local market prices

the market quotation is stable, the downstream demand is still flat, and the wait-and-see atmosphere is strong

the market price of ABS in Ningbo is mainly stable, and the mentality of the merchants is OK, but there are not many firm negotiations on the floor, and the transaction has not been significantly followed up for the time being

a few commonly used material offers in Dongguan ABS market are slightly soft, and the low-end material offers are relatively strong. Merchants follow the market and follow up the actual inquiry slowly. The supply of most goods is normal, and a few are slightly tight

the PS market in Ningbo was partially up, the market offer was scarce, and the negotiation atmosphere was flat. The market supply was tight, and the quotation of some brands increased slightly compared with the previous period. There is a strong wait-and-see mood in the market, with sporadic actual orders

Dongguan PS market is stable and small, with a range of about 50 yuan/ton, and the market trading atmosphere is quiet. The stability of monomer price and the strong ex factory price of PS are supported by the stability of market offer. However, the downstream inquiry is still rarely heard, and the actual order transaction is rarely heard

IV. the latest quotation

1. Petrochemical quotation

the listing price of CNPC South China ABS stabilized. The price of 0215a is 9400 yuan/ton, and the price of 750asq is 9500 yuan/ton. The price of ge-150 is 9300 yuan/ton, the price of 0215asq is 9400 yuan/ton, and the price of 0215h is 9400 yuan/ton. Inventory is not high, sales are normal

the price of CNPC North China ABS is stable. At the end of the holiday on January 1, 02110, Jinan assaying work notice 5A Tianjin warehouse price is 9350 yuan/ton, 750A Tianjin warehouse price is 9450 yuan/ton, 0215h Tianjin warehouse price is 9350 yuan/ton, GE150 Tianjin warehouse price is 9300 yuan, and the amount of polyurethane in automotive interiors is very large/ton

PetroChina East China branch stabilized the ex factory listing price of Dushanzi Petrochemical PS, reporting 8200 yuan/ton for benzene penetration 500 and 8150 yuan/ton for benzene modification HIE. Recent sales are average, and there is not much inventory

PetroChina Southwest Company has a stable listing price for Dushanzi Petrochemical PS, reporting 8200 yuan/ton for benzene penetration 500 and 8400 yuan/ton for benzene conversion HIE. Inventory is low, and recent shipments are average

2. Mall quotation

as of 15:00, the quotation of various brands containing a large amount of VOC (volatile organic compounds) in ABS coatings in China Plastics' spot fell by 550 yuan/ton, and 750a/Daqing Petrochemical lowest reported 9450 yuan

as of 15:00, the quotation of individual brands of GPPS in China Plastics' spot rose by 300 yuan/ton, and 525 yuan/Jiangsu Leiden was the lowest at 8500 yuan

and measure the output of the amplifier unit. V. future market forecast

at present, some market merchants have not returned to the market, but most downstream factories have not yet started. At the same time, the market inquiry atmosphere is quiet, and the actual transaction is not available for the time being. It is expected that the market will stabilize tomorrow