Sinopec inventory: & nbsp;  two-oil polyolefin inventory 930000 tons, an increase of 210000 tons over the pre-festival.

PP Futures Analysis: & nbsp;  May 6th PP2409 opening price: 7574, highest price: 7579, lowest price: 7508, position: 397665, settlement price: 7532, yesterday settlement: 7629, down: 97.

Mainstream quotation for wire drawing in PP market: yuan / ton

PP China spot market analysis: & nbsp;  today China PP market trend downward, each region shows a different extent of decline, the cumulative decline ranges from 30 to 70 yuan / ton. News that the Federal Reserve interest rate cut expectations postponed, the United States non-agricultural data lower than expected. The cost side of international oil prices fell. After the festival, the market actively goes to the warehouse, but there is no obvious replenishment in the downstream of the terminal, and the market is under great pressure to reduce the price to promote the transaction.

PP spot trend forecast: & nbsp;  cost port international oil prices fell significantly on the first day after the festival, which slightly weakened the support for the polypropylene market. The devices planned to be overhauled at the supply side in mid-early May are Zhenhai Refining and Chemical Industry, Anqing Baiju, Datang Duolun, Dongming Petrochemical, Yangzi Petrochemical, Wanhua Chemical, Dushanzi Petrochemical, and so on. at the same time, Dalian Petrochemical, Shenhua Baotou, Zhejiang Petrochemical, Ningbo Golden hair and other early maintenance equipment are expected to resume in mid-early May, but on the whole, the supply side is still expected to reduce. The situation of terminal replenishment on the demand side has not increased significantly for the time being, and it may be generalized gradually in the later stage, and the short-term supply side may still be good, but the demand side and cost side may have certain restrictions on the upstream of the market.

China's PP Index: & nbsp;  according to Tudor data, China's PP spot index fell 40, or 0.52%, to 7593 on May 6.

China installation parking Summary:

Shenhua auction turnover: & nbsp;  Shenhua Coal Chemical today's auction volume of 1428 tons, an increase of 43.66% over yesterday; turnover of 512 tons, a decrease of 40.81% compared with yesterday, and a turnover rate of 35.85%, a decrease of 51.17% compared with yesterday.