Sinopec inventory: 755000 tons of two-oil polyolefin inventory, 30, 000 tons less than yesterday.
PP futures analysis: April 25th PP2405 opening price: 7561, highest price: 7590, lowest price: 7545, position: 370598 lots, settlement price: 7565, yesterday settlement: 7551, down: 14, daily trading volume: 264168 lots.
Mainstream quotation for wire drawing in PP market: yuan / ton
|
Region |
April twenty _ fourth |
April twenty _ fifth |
Rise and fall |
|
North China |
7490-7580 |
7490-7580 |
0/0 |
|
East China |
7530-7730 |
7540-7750 |
10/20 |
|
South China |
7600-7680 |
7600-7680 |
0/0 |
PP China spot market analysis: today, individual areas of China's PP market rose slightly, the mainstream prices of wire drawing in China range from 7490 to 7750 yuan / ton, and daily increases range from 10 to 20 yuan / ton. On the face of the news, US crude oil inventories have declined, international oil prices have fallen, crude oil prices have fallen slightly but remain high, and cost-to-price support still exists. Today, individual devices resume operation, but the impact on the price is limited. Downstream demand to maintain a lukewarm pace, the overall market mentality is cautious, although individual regional transaction prices have risen, but the overall drive is insufficient, the increase is relatively limited.
PP spot trend forecast: raw materials: crude oil futures high volatility, cost-side support still exists. On the supply side: at present, there are still some devices parking, the overall pressure on the supply side of the PP market is not great, and there are no plans to put new capacity into production in the near future, and the supply side has a small support to the market. Face-to-face demand: the overall receiving situation of downstream demand is general, and most of them operate in a lukewarm state, and the actual transaction situation of the market is relatively weak, so although there is support on the supply side, there is a lack of upward momentum affected by poor demand, short-term market or narrow fluctuations.
China's PP index: according to Tudor data, China's PP spot index rose 5, or 0.07%, to 7607 on April 25.
China installation parking Summary:
|
Enterprise name |
product line |
Production capacity |
Parking Duration |
departure time |
|
Dalian Petrochemical Corporation |
Third line |
5 |
August 2, 2006 |
To be determined |
|
Wuhan Petrochemical Corporation |
Old equipment |
12 |
November 12, 2021 |
To be determined |
|
Haiguolong oil |
First line |
20 |
February 8, 2022 |
To be determined |
|
Haiguolong oil |
Second line |
35 |
April 3, 2022 |
To be determined |
|
Tianjin Petrochemical Company |
First line |
6 |
August 1, 2022 |
To be determined |
|
Jinxi Petrochemical |
Single line |
15 |
February 16, 2023 |
To be determined |
|
Yanshan Petrochemical |
Second line |
7 |
September 18, 2023 |
To be determined |
|
Shaoxing Sanyuan |
New line |
30 |
September 20, 2023 |
To be determined |
|
Qinghai Salt Lake |
Single line |
16 |
October 27, 2023 |
To be determined |
|
Changzhou Fude |
Single line |
30 |
November 1, 2023 |
To be determined |
|
Jingbo polyolefin |
First line |
20 |
November 1, 2023 |
To be determined |
|
Luoyang Petrochemical |
First line |
8 |
November 3, 2023 |
To be determined |
|
Hongrun Petrochemical |
Single line |
45 |
December 6, 2023 |
To be determined |
|
Qilu Petrochemical |
Single line |
7 |
December 23, 2023 |
To be determined |
|
Lianhong Xinke |
Second line |
8 |
December 30, 2023 |
To be determined |
|
Fujian Union |
Old line |
12 |
January 3, 2024 |
April 26, 2024 |
|
Gold energy chemistry |
First line |
45 |
March 8, 2024 |
To be determined |
|
North China brocade |
Old line |
6 |
March 8, 2024 |
To be determined |
|
Chinese Science Refining and Chemical Industry |
First line |
35 |
March 20, 2024 |
May 20, 2024 |
|
Chinese Science Refining and Chemical Industry |
Second line |
20 |
March 21, 2024 |
May 20, 2024 |
|
Dalian Petrochemical Corporation |
Second line |
7 |
March 31, 2024 |
May 10, 2024 |
|
Dalian Petrochemical Corporation |
First line |
20 |
March 31, 2024 |
May 10, 2024 |
|
Shenhua Baotou |
Single line |
30 |
April 16, 2024 |
May 15, 2024 |
|
Zhongjing Petrochemical |
The second line of the first phase |
50 |
April 16, 2024 |
To be determined |
|
Haitian petrochemical |
Single line |
20 |
April 16, 2024 |
To be determined |
|
Zhongyuan Petrochemical Company |
Second line |
10 |
April 17, 2024 |
To be determined |
|
Donghua Energy (Ningbo) |
The first phase |
40 |
April 17, 2024 |
April 29, 2024 |
|
Sinopec |
STPP |
20 |
April 17, 2024 |
To be determined |
|
Maoming Petrochemical |
Second line |
30 |
April 19, 2024 |
To be determined |
|
Zhejiang Petrochemical Corporation |
Four lines |
45 |
April 20, 2024 |
May 9, 2024 |
|
Fujian Union |
First line |
33 |
April 23, 2024 |
April 24, 2024 |
|
Changling Petrochemical Company |
Single line |
14 |
April 24, 2024 |
April 25, 2024 |
Shenhua auction turnover: Shenhua Coal Chemical Industry's auction volume today was 1287 tons, down 3.52% from yesterday; the turnover was 1134 tons, 13.37% lower than yesterday, and the turnover rate was 88.11%, 10.01% lower than yesterday.
