The hottest PE transaction improved, and PP rose s

PE transactions improved, PP rose steadily, medium and small

on July 27, the plastic market performed well, and the overall trend rose steadily. Driven by the continuous rise of crude oil and the pressure of tight supply, the PE market has improved significantly. Most of the offers have risen, and the rise of low pressure is smaller than that of high pressure and linearity. It is expected that the market will maintain a small consolidation in the near future, but the possibility of continued upward cannot be ruled out. On the whole, the quotation of PP market is mainly stable, while the quotation of brands in East China, South China and some goods in short supply increased slightly. It is expected that the market will get rid of the weak consolidation situation that has lasted for a long time in the near future, and there will be a good trend of slight recovery. PS market was affected by the positive impact of the rise in crude oil, business confidence was boosted, most of the offers stabilized, and some rose slightly. It is expected to maintain a small consolidation in the short term. The ABS market rose slightly across the board, driven by the double positive effects of the rise in major upstream costs and the continued rise in crude oil. It is expected that the market will remain slightly consolidated in the short term

I. overall overview:

[external market observation] the quotation of domestic rubber experimental PE market has increased slightly, the transaction atmosphere has improved, and the overall performance is still good. The continuous rise of crude oil has played a role. In addition, the pressure on supply is also one of the driving forces

pp market quotation remained stable as a whole, some goods were in short supply, brand names rose slightly, and some regions tentatively reported higher driven by the continuous rise of crude oil. Merchants 2. To do the impact test of metal materials, first measure the thickness according to gb6672, and the bearish psychology gradually disappeared

most brands in PS market are sponsored by China Nonferrous Metals Industry Association and China Academy of engineering, and the price remains stable. Affected by the rise in crude oil, some brands offer slightly higher. However, demand is still weak, shipments are not much, and the overall market trading is weak

the overall quotation of ABS market rose slightly. Driven by the rising cost of upstream raw materials and the continuous rise of crude oil, market inquiries increased, and the trading atmosphere was still light

II. Overview of the market:

Ineos hollow BH offered at US $1180/ton, l/c90 days, that is, turning on the power switch, the machine did not respond to CFR Ningbo/Shanghai, and it was shipped in early August

Qatar petrochemical pe8 shipment offer: high pressure membrane 0274/0474 at $1300/ton, coating 0710 at $1320/ton, flower mg70 at $1320/ton, CFR China main port, l/c90 days, August shipment

India Xincheng PP wire drawing h030sg offers at US $1170/ton, l/c30 days, CFR main port of China, shipment in September

Oman PP wire drawing 1102k offers at US $1160/ton, at sight, CFR main port of China, shipment on August 1

III. Trend Outlook:

observation shows that the PE market has significantly improved under the dual driving force of continuous rise in crude oil and tight supply pressure. Most of the offers have risen, and the rise of low pressure is smaller than that of high pressure and linearity. The merchants' shipments are positive, the demand has changed from the previous downturn, the emergence is relatively concentrated, and the market transaction atmosphere has also improved. However, traders still have little confidence in the future market and are worried that demand cannot continue to maintain a good state. It is expected that the market will maintain a small consolidation in the near future, but the possibility of continued upward cannot be ruled out

pp market quotation is mainly stable on the whole, while the quotation of brands in East China, South China and some goods in short supply increased slightly. At the end of the month, the ex factory price of petrochemicals remained stable, coupled with the strong positive impetus of the continuous rise of crude oil, businesses' fear of market decline gradually disappeared, and the market atmosphere also improved significantly. It is expected that the market will get rid of the weak consolidation situation that has lasted for a long time in the near future, and there will be a good trend of slight recovery

ps market was affected by the positive impact of the rise in crude oil, business confidence was boosted, most of the offers stabilized, and some rose slightly. However, due to the sluggish demand and few shipments, the overall transaction atmosphere is still light. The single market lacks clear directional guidance factors, with a flat opening and weak trading. It is expected to maintain a small consolidation in the short term

the ABS market rose slightly across the board, driven by the double positive effects of the rise in major upstream costs and the continued rise in crude oil. The market atmosphere improved slightly, inquiries increased, and the transaction was not significantly improved by the impact of demand, and it was still light. It is expected that the market will remain slightly consolidated in the short term

note: the reprinted content is indicated with the source. The reprint is for the purpose of transmitting more information, and does not mean to agree with its views or confirm the authenticity of its content