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Sinopec inventory: & nbsp; two-oil polyolefin inventory of 755000 tons, an increase of 5000 tons over Friday.
PP futures analysis: & nbsp; will be closed on Sunday, April 28th.
Mainstream quotation for wire drawing in PP market: yuan / ton
|
Region |
April 26th |
April 28th |
Rise and fall |
|
North China |
7490-7580 |
7490-7630 |
0/50 |
|
East China |
7560-7750 |
7570-7750 |
10/0 |
|
South China |
7600-7680 |
7600-7680 |
0/0 |
PP China spot market analysis: & nbsp; today China's PP market shows a regional upward trend. The mainstream prices of wire drawing in China range from 7490 to 7750 yuan per ton, with daily increases ranging from 10 to 50 yuan per ton. The news is that international oil prices continue to rise, paying attention to the reduction of OPEC+ production and the instability of the geopolitical situation. During the Sunday period, businesses are mainly flexible offers, manufacturers have little shipping pressure, downstream demand is relatively stable, and the price of crude oil at the cost end has risen mainly in some areas.
PP spot trend forecast: & nbsp; first of all from the cost point of view, the price of crude oil is high and still in an upward trend, the cost end support is relatively obvious. On the supply side, some devices are still under maintenance, the inventory pressure of the manufacturers is not great, and the supply side still supports the market; on the demand side, with the May Day short holiday approaching, the downstream stock preparation is also nearing its end, but the overall downstream stock preparation situation is not as expected, and the demand side performance is still weak. On the whole, the cost side and the supply side support the market, but the weakness on the demand side restricts the upward space of the PP market.
China PP Index: & nbsp; according to Tudor data, China's PP spot index rose 10%, or 0.13%, to 7620 on April 28.
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: & nbsp; Shenhua Coal Chemical today's auction volume of 1462 tons, down 8.28% from yesterday; turnover of 1276 tons, down 15.72% from yesterday, and a turnover rate of 87.28%, 7.70% lower than yesterday.
