February 23, 2017 domestic plastic market analysis summary

Core tip: The petrochemical price reduction step has not slowed down, it is expected that the ex-factory price will still fall tomorrow, and the futures is also weak, downstream procurement has not improved, and it is difficult to volume.

【 Futures market 】

Us crude oil (7:40) : 54 + 0.41

● International oil prices fell on the 22nd

International oil prices fell on the 22nd as investors worried about high inventories in the United States. The April crude contract fell 74 cents, or 1.4 percent, to settle at $53.59 a barrel in New York. Brent crude futures settled down 82 cents, or 1.4 percent, at $55.84 a barrel.

【 Today's News 】

● Clariant and CB&I will build a new propane dehydrogenation plant in Dongguan

Specialty chemicals manufacturer Clariant has reached an agreement with Dongguan Juzhengyuan Technology Co., Ltd. to build a new propane dehydrogenation plant in Dongguan, Guangdong Province, China. The overall design and construction of the unit will be carried out by Clariant in collaboration with CB&I. The new unit will use CB&I's patented Catofin catalytic dehydrogenation technology, as well as Clariant's Catofin Catalyst and Self-heating Material (HGM).

●PET recyclers participate in the "Highway Green Project" in Mexico

Urban architects are planning to transform Mexico City's gray concrete beltway into a gardening promenade, and a Mexican PET recycler is supplying some of the materials needed for the project. The Periferico, a double-decker highway, spans 17 miles from the north to the south of the city. 1,000 concrete columns support the upper road. A private company called VerdeVertical decorates the concrete columns with ivy and eight other perennial plants.

【 Petrochemical dynamics 】

●PE petrochemical dynamics: The full density unit of Zhenhai Refining and Chemical is scheduled to turn over to production for 7050H today, and the unit is currently operating normally.

●PP petrochemical dynamics: Qingdao Big Oil Refinery PP plant produces PPH-T03. At present, the manufacturer's inventory is moderate, and the sales situation is average.

●PVC petrochemical dynamics: Dezhou Shihua PVC plant starts normally, and the quotation is temporarily stable. At present, the calcium carbide method 7/8 implementation of 6800 yuan/ton acceptance, spot exchange is lower than 80 yuan/ton, ton bag packaging resin discount 20 yuan/ton.

●PS petrochemical dynamics: petrochina East China PS listed price down 100 yuan/ton, 500 to 12,000 yuan/ton, 500N to 12,000 yuan/ton, 500NT to 12,300 yuan/ton, HIE to 13,000 yuan/ton.

●ABS petrochemical dynamics: The listed price of China Oil South China ABS fell, 0215A at 16,200 yuan/ton, 750ASQ at 16,200 yuan/ton, GE-150 at 16,200 yuan/ton, 0215H at 16,800 yuan/ton, 0215ASQ at 16,200 yuan/ton, PT151 at 16,200 yuan/ton.

●PET petrochemical dynamics: China Resources polyester bottle sheet price in East China is temporarily stable, water bottle, oil bottle, hot filling quotation 8450 yuan/ton self-pickup, carbonation material 100 yuan/ton, real single transaction discount amplification.

【 Plastic early assessment and forecast 】

●PE early comment: Yesterday market prices continued to decline, linear futures opened low weak shocks, and individual petrochina and petrochemical companies lowered factory prices, holding merchants with falling offers, downstream cautious wait and see, cover intention is not high, just need to take goods, local market reference: Nanjing market atmosphere is light, Yangba 2426H reported 10800-10900 yuan/ton, Changzhou market declined slightly, China Coal 7042 reported 9800 yuan/ton, Chengdu market declined slightly, MAO 2426H reported 10800 yuan/ton.

Today's forecast: Expect the market to run soft today.

●PP early comment: Yesterday market prices continued to fall, polypropylene futures opened low and individual petrochina and petrochemical companies cut factory prices, food merchants pessimistic mentality, accompanied by active profit delivery, downstream demand is still depressed, weak transaction performance, market reference: Tianjin market offer slightly lower, Ning coal 1102K reported 8700 yuan/ton, Linyi market slightly lower, China Coal L5E89 reported 8950 yuan/ton, Shantou market fell, Fulian T30S reported 8100 yuan/ton.

Today's forecast: The market is expected to remain down today.

●PVC early comment: Yesterday's market operation was weak, and the quotation continued to decline. Businesses on the recent trend of more wait-and-see mentality, with the market. The enthusiasm of downstream factories to enter the market is not high, there are still many wait-and-see, and the trading atmosphere has not increased significantly. Market reference: Hangzhou market quotation weak downward, Yusshe 5 reported 6510-6530 yuan/ton; Shandong market quotation slightly reduced, letter 5 expected to report 6580 yuan/ton; Guangzhou market offers continue to decline, 5 type of calcium carbide mainstream offer 6500-6600 yuan/ton including tax self-drawn.

Today's forecast: Today's market is expected to continue weak consolidation.

●PS early comment: Yesterday's market quotation continued to decline mainly. The decline of raw materials is more than, the pessimistic attitude of the industry is more concentrated, the business operation goes with the market, and the atmosphere of the inquiry is general. Downstream enterprises a large number of replenishment of stock phenomenon is difficult to find, the actual transaction is still light. Market reference: Shantou market quotation fell slightly, 118 down 100 yuan to 10650 yuan/ton; Part of the Dongguan market quotes lower, Ning 8250 fell 50 yuan to 11250 yuan/ton; Some of the offers in the Shunde market fell, and Zhanjiang Xinmei 525 fell 100 yuan to 10,800 yuan/ton.

Today's forecast: It is expected that the market price still has room to fall today.

●ABS early comment: The overall market was weak yesterday, and the price fell in a narrow range. The business operation is not much, the intention to ship mainly, the supply of goods in the hand is normal, and the actual transaction is mainly discussed. Downstream users maintain on-demand procurement, and the overall market atmosphere is slightly flat. Market reference: Dongguan market quotations generally fell, Ning 121H fell 100 yuan to 15200 yuan/ton; Shunde market offers narrow decline, Taiwan 15A1 fell 100 yuan to 15,000 yuan/ton; Ningbo market reference price is lower, 0215A fell 200 yuan to 16200 yuan/ton.

Today's forecast: The market is still expected to have a slight downside today.

●PET bottle film early comment: Yesterday the market price fell steadily, the range is about 50 yuan/ton, the raw material market fell, has a certain negative impact on the market, some bottle film companies profit sales, the downstream market is not expected to be good, the majority of the real market, the enthusiasm to enter the market is not high, market reference: Water bottle material in East China is 8300-8450 yuan/ton self-pick, negotiated price 8150-8350 yuan/ton, water bottle material in South China is 8350-8500 yuan/ton, negotiated price 8250-8400 yuan/ton.

Today's prediction: The market is expected to continue to retreat today.

●PET waste recycling early assessment: Yesterday, the mainstream market price is frozen, individual prices in South China are down 100 yuan, the recent environmental impact, the production of recycled bottle pieces is affected, the majority of cargo operators and cleaning plants are watching, the actual shipment willingness is not high, the chemical fiber factory accompanied by cautious procurement, the overall transaction volume is not large, market reference: In the East China market, the machine white film is 5600-5800 yuan/ton.

Today's forecast: The market is expected to remain stable today.

【 Scrap Market News 】

    PE

● Laizhou imported HDPE film particles market reference: white transparent high-quality particles 7200-7300 yuan/ton, secondary grade 6700-6900 yuan/ton, ordinary particles 6300-6500 yuan/ton.

● Henan HDPE waste market reference: Wahaha material 5800-5900, small hollow material 5300-5400, washing bottle material 4400-4600, miscellaneous bottle cap material 5400.

    PP

● Xi 'an PP engineering material market with the market, offer reference, white engineering material 5400-5600, white washing machine barrel material 5900-6200, gray 5600, color 4200.

● Dandong PP recycled particles market supply is not much, reference: white material 4800-5100 two white material 3900-4000, three white material 3000-3200, black particles 2900.

    PVC

● Suqian PVC hard material market reference, white plastic steel washing material 4100-4200, small white tube material 2900-3100, white buckle plate material 2100-2200, hard mixed material 1700-2000.

● Wuhan PVC hard material market offer reference, non-standard plastic steel material 2500-2700, small white pipe material 2800, blue material 2300, white buckle plate material 2000, corrugated large pipe material 1900.

    ABS/PS

● Jinan recycled ABS market trading is temporarily stable: motorcycle shell color broken paint about 6000 paint about 7200; TV shell broken black miscellany about 3500 color about 4600.

● Laizhou recycled PS market spot tight, the price generally rose 100-200 yuan/ton. Reference offer: refrigerator door crushing primary materials 5100-5200 yuan/ton, secondary materials less goods.

Engineering plastics

● A chemical fiber factory in Liaoyang - purchase price reference: 3D hot wash white sheet 5700, hot wash blue and white sheet 5600, blue sheet 5050, oil pot sheet 4600, green sheet 4350, solid offer to see goods negotiation.

● Cixi area chemical fiber factory reference: filament grade cold water white 5650 blue and white 5550, three-dimensional hot water white 6000-6100, blue and white 5800-5900, solid offer to see the goods negotiation.