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Rainfall/typhoon disrupted rubber supply in Thailand, Vietnam, Yunnan and Hainan. Raw material prices rose. Tire cost support was provided. Transactions were flexible. Short-term rubber prices were relatively strong. -
Panxi titanium ore prices are flat, titanium slag and titanium tetrachloride prices are falling/expected to be lowered, sponge titanium and titanium dioxide are under pressure, and downstream demand is weak due to insufficient production.
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Titanium ore supply increases and shipments are difficult, titanium slag has high costs and low production, titanium tetrachloride has great competition, titanium sponge production has decreased, and titanium dioxide has high inventory and is operating weakly.
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PP spot prices rose in North China and other regions, traders actively shipped, futures rose and fell, inventory fell and policies were favorable, and the market atmosphere was positive.
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Domestic and foreign supply was limited by rain and typhoons, raw material prices were firm, tire demand was poor, futures and spot prices moved down slightly, cost support was strong, and short-term strong fluctuations were maintained.
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Carbon black prices were stable in regional differentiation, raw material coal tar was firmly supported, supply and shipment pressure was high, downstream orders were insufficient, and prices may rise with raw materials in the short term.
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Domestic PE spot price rises generally, futures price L2509 rises and falls, supply contraction meets demand off-season, and favorable policies support positive atmosphere.
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PVC2509 contract fell sharply after the night session, and the spot price fell by 20-40 yuan/ton in various areas, with the futures and spot prices inverted, and short-term wait-and-see fluctuations and narrow range corrections.
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Carbon black prices are stable in many places, coal tar is strong to support costs, supply operation is declining, downstream demand is insufficient, and the market may exceed expectations this week under the favorable raw material.
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Qingdao STR20 rubber rose by $20, rainfall in domestic and foreign production areas limited supply, futures strengthened, downstream orders were insufficient and actual orders were weak, and it is expected to fluctuate strongly.
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Panxi titanium ore price is flat and wait-and-see sentiment is strong, titanium slag price drops and operation is low, titanium tetrachloride is stable, titanium sponge is reduced, titanium dioxide price is flat and inventory is high, and bidding is fierce.
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Carbon black prices are stable, with mainstream prices in Shandong and other places at 6100-6400 yuan/ton. Raw materials are strongly supported and supply and demand are under pressure. The market is expected to stabilize in the future.
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Qingdao STR20 price rose slightly to 1,800 US dollars/ton. Rainfall in Thailand, Yunnan and Hainan disturbed the supply. The demand was low and the inventory increased. The market outlook was strong and volatile due to cost benefits.
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Titanium ore is on the sidelines, titanium slag has high cost and low production, titanium tetrachloride is stable, titanium sponge inventory price difference is large, titanium dioxide exports are falling and demand is weak.
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PVC futures price rose and fell narrowly, spot prices fell in many regions, trading was weak, futures-spot basis was stable, and short-term narrow adjustment was the main trend.
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