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In this issue (August 5-11), plastic futures rebounded after a period of oversold, and the closing price at the end of the period rose as a whole
.
Along with the upward trend of futures, the quotations of PVC spot market followed up, while polyolefins tended to rise in a narrow range after stabilizing
Entering mid-to-late August, the market is eagerly looking forward to the "Golden Nine and Silver Ten", and terminal demand is expected to improve
.
In terms of raw materials, the prices of coal and calcium carbide continue to be high, and the production cost is supported by strong support.
PVC fluctuates slightly.
There are not many spot sources, merchants are willing to keep the price, and futures are strong, the spot market price in this period has risen by about 200 yuan (ton price, the same below)
.
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 9230-9320 yuan
PVC oscillates slightly PVC oscillates slightly
PP rose slightly.
The futures market fluctuated and rose, which boosted the spot market.
Petrochemical companies had partly raised their ex-factory prices.
Traders' attitudes were fair, and the offer part was up.
Downstream factories still resisted high-priced sources
.
As of the end of the period, the mainstream quotation of domestic wire drawing materials was 8350~8600 yuan, an increase of 90 yuan over the previous period
PP rises slightly, PP rises slightly
LLDPE is strong.
The LLDPE futures market rebounded higher.
Petrochemical companies' ex-factory prices were partially raised.
Traders followed the market.
The offers followed up, and the terminal factories were not willing to receive the goods
.
As of the end of the period, the mainstream domestic LLDPE quotations ranged from 8,200 to 8,450 yuan, an increase of 75 yuan from the previous period
LLDPE strong finishing LLDPE strong finishing
(China Plastic Price Index Research Center)
