I. Quotes:
ABS market conditions continue to rise today, the domestic petrochemical offer increases, support the spot market price stability, the market supply is less, traders have a stable state of mind, are not in a hurry to ship. Downstream users have more wait-and-see attitudes, and they are more resistant to high prices, and actual transactions need to be strengthened.
As of 10:00 this morning, the China Plastics Price Index reported 1000.8 points, up 0.72 points. The China Plastics Spot Index reported 1,126.13 points, up 0.93 points from the previous trading day.
Second, the upper reaches of Express:
New York Mercantile Exchange West Texas light oil November ** closed at $ 76.48 a barrel, down 1 cent from last Friday's settlement price; settlement price of $ 76.52 a barrel, up $ 0.03 over the previous trading day, trading range 75.52 -US$77.17; London Intercontinental Exchange Brent crude oil settled at US$78.57 per barrel in November, down US$0.30 from the previous trading day and trading range of US$77.6-79.2.
Asian styrene prices rose, FOB Korea reported 1188-1189 US dollars / ton, up 27 US dollars / ton; CFR China reported 1217-1218 US dollars / ton, up 36 US dollars / ton.
Third, the manufacturers of dynamic:
Zhenjiang Guoheng ABS factory price steady, D180 reference factory price 17,000 yuan / ton, D190 reference factory price 16,800 yuan / ton, the transaction price is slightly lower, the above price is implemented until the end of this month. Shipments are smooth and inventory is low. The overall load of the device is high.
Changzhou Xinhu ABS public offer unchanged, AC-800 reference factory price 16800 yuan / ton, the transaction price is slightly lower. Normal sales, less inventory, 70% of the equipment load.
CNPC East China ABS outbound price was raised by RMB 200/ton, the 0215A was priced at RMB 16,900/ton, and the 750A was priced at RMB 16,850/ton. Normal sales, inventory is less.
Fourth, local market conditions:
Market quotation of ABS continued to increase in various regions, and the South China market's offer continued to rise slightly. The market talked about an active atmosphere. The downstream is still hesitant to the current high prices. The East China market's offer stabilized, the market can find low-priced goods, and turnover is flat.
Zhongsu Plastic Spot Mall ABS Price: 0215A/ Jilin Petrochemical Lowest Report 17,000 Yuan/Ton, 750A (SQ)/Daqing Petrochemical Lowest Report 17,000 Yuan/Tonne, AG15E1/Ningbo Tinghua Lowest Report 17,000 Yuan/Ton, PA-709/ Taiwan Chi Mei The lowest reported at 17,900 yuan / ton, PA-757 / Taiwan Chi Mei lowest report 17,000 yuan / ton, PA-777D / Taiwan Chi Mei minimum report 23,800 yuan / ton.
The majority of the Ningbo ABS market was stable, the market sentiment was fair, there was little supply, and the turnover was flat. The business mentality is stable, and the end-user needs are normal.
The ABS market in Shunde has risen by 50-100 yuan/ton, and the local market is still in a good atmosphere. Traders do not have much supply, and end-user demand is stable.