February 15, 2017 domestic plastic market analysis summary

Core tip: Recently, affected by the strength of futures, some raw materials are supported by high prices. However, most downstream factories are on the low side, and there is resistance to high-price raw materials, and the overall transaction is not good.

【 Futures market 】

U.S. crude oil (7:49) : 53.05 was down 0.15

● International oil prices rose on the 14th

Crude oil futures rose on Tuesday on data showing OPEC's agreement to cut production is being implemented. Light crude for March delivery rose 27 cents, or 0.51%, to settle at $53.2 a barrel on the New York Mercantile Exchange. London Brent crude for April delivery rose $0.38, or 0.68%, to settle at $55.97 a barrel.

【 Today's News 】

● Anhui spot check plastic pipe, two groups of products on the "quality black list"

Recently, the Anhui Provincial Quality Supervision Bureau notified the results of the provincial supervision of plastic pipes, and two groups of plastic pipes were included in the "quality black list" because of the quality check. A total of 40 groups of samples were taken in this random inspection, 2 groups were unqualified, and the sampling qualified rate was 95.0%. The exposed unqualified enterprises and products are: Anhui Tongxin Forest Plastic Technology Co., Ltd. produced on December 6, 2015, the specification model is "S4dn25×en2.8mm" brand random copolymer polypropylene (PP-R) pipe; On December 6, 2015, Anhui Kangjia Plastic Building Materials Co., Ltd. produced "Kangjia" brand random copolymer polypropylene (PP-R) pipe with specifications and models of "S4dn20×en2.3mm".

● A waste plastic pellet factory caught fire in Xingping, Xianyang

At about 6 PM on February 10, a closed plastic pellet processing plant in Xingping, Xianyang suddenly caught fire, the scene of the fire soared to the sky, billowing black smoke dozens of meters high. Xingping fire brigade a fire officers and soldiers, after receiving the alarm at 6 p.m., they quickly dispatched two fire engines to the scene of the fire. The fire was an abandoned factory, and snakeskin bags and plastic film piled up under the color steel shed were burning, the scene of the fire soared to the sky and smoke billowed. After more than 10 minutes of intense fighting, the conference was extinguished.

【 Petrochemical dynamics 】

●PE petrochemical dynamics: Zhenhai refining and chemical full density unit was converted to 8320 yesterday, and the unit is currently operating normally.

●PP petrochemical dynamics: Shenhuaning coal PP plant first-line production 2500H; Second line 1102K; Three-line production 2500H; Fourth line production 1100N.

●PVC petrochemical dynamics: Gansu Yinguang Chemical Industry 120,000 tons/year PVC plant started normal, the price increased. At present, the factory price of 5 type calcium carbide is 6450 yuan/ton acceptance, and the transaction can be negotiated.

●PS petrochemical dynamics: Guangzhou Petrochemical PS pricing stable, 525 to 12,100 yuan/ton, 535 to 12,100 yuan/ton; The GH660 is priced at 12,650 yuan/ton, and the GH660H is priced at 12,650 yuan/ton. Low inventory of manufacturers, sales are OK.

●ABS petrochemical dynamics: The current cost of raw materials has risen sharply, LG Yongxing ABS device is operating normally, and the external quotation is stable today, HI-121H is 18,200 yuan/ton, and the firm offer is 17,600 yuan/ton, which has not been confirmed by the manufacturer.

●PET petrochemical dynamics: Sanfangxiang polyester bottle chip manufacturers price increase, water bottle, oil bottle, hot filling to 8600 yuan/ton self-extraction, carbonation grade 100 yuan/ton, real single transaction volume pricing.

【 Plastic early assessment and forecast 】

●PE early assessment: Yesterday's market price small fluctuations, linear futures small fluctuations, little effect on market guidance, CPC and petrochemical to maintain stable factory prices, support the cost of supplies, holding the merchant mentality cautious, step by step shipment, downstream enterprises to buy gas, transaction performance is OK, local market reference: Linyi market price collation, Baofeng 7042 no tax 9300 yuan/ton, Zhengzhou market price collation, Lanhua 2426H at 11,350 yuan/ton, Shanghai market quotation collation, petrochina 2426H at 11,450 yuan/ton.

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

●PP early comment: Yesterday, the market price rose, polypropylene futures shock and some of the oil and petrochemical companies to increase the factory price, double positive support, business mentality is OK, accompanying shipment, little profit shipment willingness, downstream factory procurement, volume has been released, local market reference: Puyang market offer rose slightly, Ningxia T30S reported 9000 yuan/ton, Ningbo market part up, Fuji S1003 reported 9150 yuan/ton distribution, Wuhan market sideways finishing, Central Plains T30S reported 9000 yuan/ton.

Today's forecast: The market is expected to continue to improve today.

●PVC early comment: Yesterday the market offer as a whole to stability, individual increase. Supported by the cost, some merchants' quotations followed up, but the market trading atmosphere continued to be flat, and traders' shipment resistance remained. Downstream factories continued the strategy of on-demand procurement, and the transaction changed little. Market reference: Sichuan market offer increased, ordinary calcium carbide method 5 material mainstream in 6900-7150 yuan/ton; Guangzhou market offer increased, Sanlian 6720 yuan/ton; Shandong market offers to maintain stability, Tianye 8 reported 6970 yuan/ton.

Today's forecast: Expect high market consolidation today.

●PS early comment: Yesterday's market trend was stable, and individual quotes rose slightly. Businesses are cautious, and operations continue to follow the market. Downstream on-demand delivery, trading slightly flat, the market performance is general. Market reference: Shantou market price narrow fluctuation, 635 up 40 yuan to 11040 yuan/ton; Shunde market price shock consolidation, Zhanjiang new US 525 rose 300 yuan to 11200 yuan/ton; Some prices in the North China market rose, and Leighton 525 rose 200 yuan to 12,300 yuan/ton.

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

●ABS early comment: Yesterday's market trend was generally stable, and some quotes moved slightly. The market continues to be based on on-demand shipments, and merchants are still the mainstream operating methods. Downstream factories temporarily wait-and-see mainly, follow up relatively slow. Market reference: Shantou market quotation narrow consolidation, D190 rose 100 yuan to 15400 yuan/ton; Individual price rises in Dongguan market, Ning 121H rose 100 yuan to 15500 yuan/ton; Shunde market price stable upward, 750A rose 100 yuan to 15,000 yuan/ton.

Today's forecast: It is expected that the market will finish at a high level today.

●PET bottle film early review: Yesterday's market price stability in consolidation, the raw material market up and down, the role of the market guidance is unclear, bottle film enterprises stable price support costs, downstream wait-and-see on-demand procurement, the overall trading performance is not prosperous, market reference: Water bottle material in East China is quoted at 8500-8650 yuan/ton, negotiated at 8400-8550 yuan/ton, and water bottle material in South China is quoted at 8550-8750 yuan/ton, negotiated at 8500-8650 yuan/ton.

Today's forecast: Today's market is expected to be stable and small.

●PET waste recycling early assessment: Yesterday the mainstream market price was stable, North China increased by about 100 yuan, cleaning plants and chemical fiber factories have started production, recycling companies have also returned to the market trading, and the future market is expected to be good, generally few profit delivery willingness, most chemical fiber factories to maintain a stable price procurement of raw materials, the overall trading atmosphere is good, market reference: In the East China market, the machine white film is 5400-5600 yuan/ton.

Today's forecast: The market is expected to run strongly and steadily today.

【 Scrap Market News 】

    PE

● Foshan imported high pressure large parts market supply is not much, reference: 99 film 5300-5500 yuan/ton, 98 film 4900-5300 yuan/ton; 95 membrane 4000-4200 yuan/ton.

● Hebei imported LDPE film particle market reference: edge corner particle 7600, white transparent 6800-7000, Pubai 6400 color 4500-4600, EVA particle 6400.

    PP

● Xi 'an PP crushing market trading is low, reference: red transparent fruit frame broken 5000, red yellow broken 3800, blue green 3700, black fruit frame float 3300 bottom dry powder 1400.

● Laizhou PP engineering materials market reference: White laundry bucket material 5800 gray 5500 color 4800 black tray material 4200 bumper bottom with paint 3200 white PPR pipe material 5700.

    PVC

● Suqian PVC soft material market is slowly recovering, reference: white transparent particles 5400-5800, secondary 4600-4700, blue greenhouse film broken 3400-3500.

● Guangdong PVC soft particles market slowly recovery, reference: white particles 4100-4300, blue 3700-3900, black high-quality 3400-3500, secondary 2400-2900.

    ABS/PS

● There are few people in Henan imported recycled ABS market, most of them have not started, and trading is not smooth. Reference: gray non-flame retardant high quality crushing material about 7300; Black non-flame retardant high quality crushing material 6500.

● Ji 'nan PS recycled materials market offer reference: refrigerator lining titanium white grade A high-quality crushing material about 5600 yuan/ton, secondary (air conditioning shell, etc.) about 5100 yuan/ton, solid offer to see the goods negotiation.

Engineering plastics

● Hebei Jinyi Chemical Fiber Factory - purchase price increased by two hundred: cold water imitation Dahua Pu white 5500, blue white 5400, Pu Blue 5300, oil pot piece 5000, green piece 4600, solid offer can be discussed.

● Zhangjiagang chemical fiber factory - purchase price reference: first class white 5550-5600, blue and white 5350-5450, blue and white 5200, solid offer a single negotiation.