Sinopec inventory: & nbsp; two-oil polyolefin inventory of 885000 tons, an increase of 35000 tons over last week.
PP Futures Analysis: & nbsp; May 13 PP2409 opening price: 7540, highest price: 7586, lowest price: 7515, position: 434253, settlement price: 7548, yesterday settlement: 7539, up: 9.
Mainstream quotation for wire drawing in PP market: yuan / ton
Today's polypropylene PP market price (unit: yuan / ton) |
|||
Region |
May eleventh |
May 13th |
Rise and fall |
North China |
7490-7630 |
7470-7580 |
-20/-50 |
East China |
7520-7720 |
7540-7720 |
20/0 |
South China |
7620-7700 |
7600-7680 |
-20/-20 |
PP China spot market analysis: & nbsp; today China PP spot market trend is slightly differentiated, prices rise and fall each other, North China, South China fell 20-50 yuan / ton, East China slightly increased 20 yuan / ton, price: the mainstream price of polypropylene in China ranges from 7470 to 7720 yuan / ton. According to the news, the Federal Reserve hinted that an interest rate cut would not come soon, and international oil prices fell at the beginning of the week. On the supply side, there is sufficient supply in the market, the supply pressure still exists, the demand side maintains rigid demand procurement, the market transaction has profit-making behavior, and each region adjusts the quotation slightly to promote the transaction.
PP spot trend forecast: & nbsp; cost port crude oil market decline at the beginning of the week, but it is still at a relatively high level, but at present, the guidance of the cost side to the market is not relatively obvious. On the supply side, in addition to the early overhaul of unrestored units at the beginning, recently, Yangzi Petrochemical, Dongming Petrochemical, Dushanzi Petrochemical and other units have parking plans, while new production capacity devices have been put into operation one after another, and the supply side of the market as a whole is expected to increase slightly, and the supply pressure remains. On the demand side, the downstream terminal enters the demand off-season, the market rigid demand is mainly purchased, and the demand side fails to bring obvious guidance to the market. It is expected that the short-term polypropylene market may maintain the trend of weak finishing.
China's PP Index: & nbsp; according to Tudor data, China's PP spot index fell 15%, or 0.2%, to 7598.33 on May 13.
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 |
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 |
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 |
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 23, 2024 |
Dalian Petrochemical Corporation |
First line |
20 |
March 31, 2024 |
May 23, 2024 |
Shenhua Baotou |
Single line |
30 |
April 16, 2024 |
May 15, 2024 |
Sinopec |
STPP |
20 |
April 17, 2024 |
To be determined |
Ningbo blond hair |
First line |
40 |
April 28, 2024 |
May 15, 2024 |
Hengli petrochemical |
STPP |
20 |
May 3, 2024 |
To be determined |
Fujian Union |
Second line |
22 |
May 5, 2024 |
To be determined |
Zhenhai Refining and Chemical Industry |
First line |
20 |
May 6, 2024 |
May 24, 2024 |
Fujian Union |
First line |
33 |
May 8, 2024 |
To be determined |
Yanchang medium coal |
Third line |
40 |
May 9, 2024 |
June 9, 2024 |
Anqing Baiju |
Single line |
30 |
May 9, 2024 |
June 9, 2024 |
Pucheng clean energy |
Single line |
40 |
May 9, 2024 |
May 24, 2024 |
Guangdong Petrochemical Corporation |
JPP line |
20 |
May 10, 2024 |
To be determined |
North China brocade |
Old line |
6 |
May 10, 2024 |
To be determined |
Datang Duolun |
First line |
23 |
May 10, 2024 |
June 4, 2024 |
Datang Duolun |
Second line |
23 |
May 10, 2024 |
June 4, 2024 |
Dushanzi petrification |
First line |
7 |
May 10, 2024 |
July 8, 2024 |
Zhenhai Refining and Chemical Industry |
Third line |
30 |
May 11, 2024 |
May 13, 2024 |
Dushanzi petrification |
Second line |
7 |
May 11, 2024 |
July 8, 2024 |
Wanhua chemistry |
Single line |
30 |
May 11, 2024 |
To be determined |
Dongming Petrochemical Company |
Single line |
20 |
May 13, 2024 |
June 10, 2024 |
Yangzi petrification |
Second line |
20 |
May 13, 2024 |
May 20, 2024 |
Transaction results of Shenhua auction: & nbsp; Shenhua Coal Chemical today's auction volume of 2281 tons, an increase of 29.46% over yesterday; turnover of 1711 tons, an increase of 13.46% over yesterday, and a turnover rate of 75.01%, down 10.57% from yesterday.