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In this issue (August 12-18), plastic futures continued their upward trend, but the closing price increase has narrowed compared with the previous period
.
As downstream companies have not yet entered the off-season in demand, the spot market quotations in this period are mainly adjusted in ranges.
The current electricity curtailment in Northwest China has improved, but the actual power supply is still unstable.
The prices of coal and calcium carbide continue to be high, and the cost of PVC and low inventory support are strong, but the downstream continues to resist high-priced PVC, and the price of PVC is limited
.
The fundamentals of polyolefins have not changed much, with transaction pressure on the top and cost support on the bottom.
PVC fluctuated slightly.
The increase in export orders from domestic enterprises and the rise in futures boosted the confidence of the industry.
The spot market rose by about 100 yuan (ton price, the same below) in this period
.
As of the end of the period, the mainstream self-raising price of type 5 ordinary calcium carbide in the South China and East China markets was 9,300-9450 yuan
PVC oscillates slightly PVC oscillates slightly
PP slightly tidied up.
The futures market rose, and the ex-factory prices of petrochemical companies remained stable.
They still supported the market.
Traders shipped with them, and the offer adjustments were not large.
The downstream factories were more cautious in purchasing
.
As of the end of the period, the mainstream quotation of domestic wire drawing materials was 8350~8600 yuan, which was the same as the previous period
PP small finishing PP small finishing
LLDPE rose slightly.
The trend of LLDPE futures rose, and the ex-factory prices of petrochemical companies continued to increase.
Traders' offers mostly followed up.
Downstream factories just needed to purchase, and low-priced small orders were mainly traded
.
As of the end of the period, the mainstream domestic LLDPE quotations were between 8,330 and 8,600 yuan, an increase of 140 yuan from the previous period
LLDPE rose slightly LLDPE rose slightly
(China Plastic Price Index Research Center)
