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Sinopec inventory: two-oil polyolefin inventory of 750000 tons, 5000 tons less than yesterday.
PP futures analysis: April 25th PP2405 opening price: 7579, highest price: 7628, lowest price: 7558, position: 359227 hands, settlement price: 7595, yesterday settlement: 7565, down: 30.
Mainstream quotation for wire drawing in PP market: yuan / ton
|
Region |
April twenty _ fifth |
April 26th |
Rise and fall |
|
North China |
7490-7580 |
7490-7580 |
0/0 |
|
East China |
7540-7750 |
7560-7750 |
20/0 |
|
South China |
7600-7680 |
7600-7680 |
0/0 |
PP China spot market analysis: today, China's PP market continues to operate in a narrow range, with mainstream prices in China ranging from 7490 to 7750 yuan / ton, with daily increases ranging from 20 yuan / ton. In the news, the US economic performance is lower than expected, coupled with the instability of the situation in the Middle East and the high shock of international oil prices, the support to the cost side of PP is more obvious. On the supply side, some of the devices are still under maintenance, and the overall supply pressure of PP enterprises is not great, while the downstream follow-up is relatively insufficient. On the whole, the market is restricted by the demand side.
PP spot trend forecast: raw materials: crude oil prices are high, cost-side benefits are more obvious. On the supply side, Jinneng Chemical, Zhongjing Petrochemical, Haitian Petrochemical, Sinopec, Zhejiang Petrochemical and other enterprises, including the plant is still under overhaul, the supply side of the positive support still exists; demand, near the May Day holiday, the downstream stock situation is not as expected, the overall market mentality is empty, the market wait-and-see atmosphere is strong, it is expected that the short-term PP market may maintain volatility.
China's PP index: according to Tudor data, China's PP spot index rose 3, or 0.04%, to 7610 on April 26.
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 25, 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 |
April 25, 2024 |
|
Donghua Energy (Ningbo) |
The first phase |
40 |
April 17, 2024 |
April 25, 2024 |
|
Sinopec |
STPP |
20 |
April 17, 2024 |
To be determined |
|
Maoming Petrochemical |
Second line |
30 |
April 19, 2024 |
April 25, 2024 |
|
Zhejiang Petrochemical Corporation |
Four lines |
45 |
April 20, 2024 |
May 9, 2024 |
|
Changling Petrochemical Company |
Single line |
14 |
April 25, 2024 |
April 26, 2024 |
|
Ningbo blond hair |
Single line |
40 |
April 28, 2024 |
May 12, 2024 |
Shenhua auction turnover: Shenhua Coal Chemical's auction volume today was 1594 tons, down 15.84% from yesterday; the turnover was 1514 tons, down 7.12% from yesterday, and the turnover rate was 94.98%, up 8.92% from yesterday.
