Source: Fubao information 2019-11-19 09:01
★ latest international crude oil information
U.S. crude oil production is likely to continue to grow, the market is waiting for details of U.S. - China trade negotiations, international oil prices fell on the 18th. WTI crude fell $0.67 to $57.05 per barrel, while Brent crude fell $0.86 to $62.44 per barrel.
[Market Overview and forecast]
● PE market: yesterday, the market was weak and stable. Linear futures fluctuated slightly upward, and merchants were cautious, with trading up and down showing each other. At present, the market popularity is still insufficient, and the terminal demand has not improved. We insist on just need to make up the position, and focus on a single discussion. Market reference: Shenyang market quotation is weak, Daqing 2426h quotation is 8000 yuan / ton; Nanjing market quotation is upward exploration, Yangzi 7042 quotation is 7400 yuan / ton; Shunde market quotation is downward, Maoming 2426k tax-free 7930-7950 yuan / ton.
Today's forecast: the market price is expected to be weak today.
● PP Market: the market was still weak yesterday, and the price was weak. Polypropylene futures low volatility, business continuity is not good, the mentality is not good, businesses flexible goods based. The downstream demand performance is average, the firm offer of the factory is cautious, and the trading has not changed much. Market reference: Qingzhou market is weak, Huhua petrochemical T30S reports 8350-8400 yuan / ton; Chongqing market price is weak, China coal l5e89 reports 8250-8300 yuan / ton; Xiamen market price declines, Sinopec T30S reports 8300 yuan / ton.
Forecast today: the market price is expected to be partially loose today.
● PVC Market: yesterday, the market offered a narrow range of shocks, individual gains and losses are mutual. The market supply is still in a tight situation, but the downstream users mostly hold a wait-and-see attitude, with limited enthusiasm for entering the market and general transaction. Market reference: Hebei market offers stable, calcium carbide method 5 type materials, excluding taxes, 6220-6320 yuan / ton to be delivered; Shantou market, individual materials down, 5 type mainstream quotation in 6920-6980 yuan / ton; Changzhou market high consolidation, 5 type calcium carbide mainstream 6730-6820 yuan / ton.
Today's forecast: the market is expected to be generally stable today.
● PS Market: the market was partially adjusted yesterday, with less inquiries. The supply of goods is in short supply, and the low-cost import goods are gradually arriving in Hong Kong. Traders are confused, and there is no lack of profit selling operation. Downstream factories insist on purchasing on demand, and the willingness to replenish the warehouse is not good, so it is difficult to effectively start the demand. Market reference: Ningbo market quotation is stable, CITIC 525 reports 9050-9100 yuan / ton; Yuyao market quotation is sorted out individually, 118 reports 10100 yuan / ton; Dongguan market quotation is up and down, guang525 is down 20 yuan to 8950 yuan / ton.
Today's forecast: it is expected that the market will be stable and move slightly today, and some will be weak.
● ABS market: the market price was basically stable yesterday, with partial adjustment. Traders are calm and flexible in quoting on the market. Downstream factories have limited enthusiasm for purchasing in the market and weak willingness to prepare goods. The transaction is still dominated by small orders and wait-and-see. Market reference: Ningbo market quotation is mainly stable, with 11750 yuan / ton reported on 0215a; Yuyao market quotation is stable, with 11900 yuan / ton reported on 0215a; Dongguan market quotation is stable, with Taiwan 757 falling 80 yuan to 11750 yuan / ton.
Forecast today: the market is expected to narrow today.
● PET bottle chip Market: yesterday, the market was weak and stagnant, polyester raw materials both fell back, the cost side was generally supported, polyester bottle chip enterprises mostly held the mentality of keeping the price, the offer was temporarily stable, and the focus of market negotiation fluctuated little. Traders offer to stabilize the main, downstream to maintain rigid demand, general follow-up buying, market trading atmosphere light. Market reference: 6300-6400 for East China market, 6400-6450 for South China market, 6300-6400 for North China market.
Forecast today: the market price is expected to maintain consolidation today.
● pet waste recycling market: the market was weak yesterday, and prices in some regions fell by 100 yuan. New materials remain at a low level, the supply of recycled bottle chips is tight, the pessimistic atmosphere spreads in the field, and the industry is cautious to wait and see. Downstream demand is off-season, the market has no signs of recovery, and overall trading is light. Market reference: East China market imitation large white film in 5000 yuan / ton, excluding tax.
Forecast today: the market is expected to fluctuate in a narrow range today.