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    Home > Chemicals Industry > China Chemical > China Plastics Price Index (January 6-12)

    China Plastics Price Index (January 6-12)

    • Last Update: 2022-01-23
    • Source: Internet
    • Author: User
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    In this issue (January 6-12), international oil prices continued to rise, domestic plastic futures showed mixed trends, polyvinyl chloride (PVC) was running sideways at a low level, polypropylene (PP) and linear low-density polyethylene (LLDPE) shows a slow trend
    .


    Entering January, the off-season performance of the market is prominent.


    The demand in the off-season is also reflected in the disk.
    In this issue, the Guangdong Plastics Exchange has insufficient trading on the disk, and merchants put in quotations, but the actual transaction is not good, and the index continues to run smoothly
    .


    As of the close, the China Plastics Price Index of the Plastics Exchange was at 1386.


    At present, the start of production of production enterprises is generally stable, but shipments have slowed down, and social inventories have shown a slight upward trend
    .


    Subsequent downstream shutdowns and holidays have gradually increased, market demand has weakened, and negative factors have dominated the market.


    Slightly finishing PVC The futures market fluctuated sideways, merchants' quotations were adjusted slightly, and the spot market fluctuated little in the current period
    .


    As of the end of the period, the mainstream price of type 5 ordinary calcium carbide in South China and East China markets is 8380~8500 yuan (ton price, the same below)


    PVC small finishing

    The production profits of PVC enterprises using the calcium carbide method outside mining are not good.
    Some enterprises are operating at reduced loads.
    Coupled with the maintenance of individual enterprises, the operating rate of the PVC industry has dropped slightly, but it is still at a high level since the third quarter of 2021
    .


    PVC companies in the northwest region actively pre-sell the supply of goods before and after the Spring Festival.


      The enthusiasm of downstream enterprises for inquiries has increased, some stocks have been properly stocked before the holiday, and spot transactions have improved
    .


    The short-term centralized stocking demand has a certain support for the spot price.


      PP narrowly adjusted The futures market fluctuated and moved higher, most of the petrochemical ex-factory prices were stable, some of the merchants' offers were slightly higher, and the shipments were active
    .


    As of the end of the period, the mainstream quotation of domestic PP wire drawing materials was 8200~8400 yuan, a slight decrease of 15 yuan compared with the previous period


    PP narrow adjustment

      In terms of supply, the recent changes in the production equipment of petrochemical enterprises are limited, and the loss of equipment of petrochemical enterprises is expected to change little
    .


    In terms of the production ratio of petrochemical enterprises, the production rate of wire drawing materials has continued to decline recently, and it is currently at a neutral low level, and the supply of standard products is slightly tightened


      In terms of demand, the order performance of downstream biaxially oriented polypropylene film (BOPP) enterprises is acceptable.
    There is a certain demand for stocking before the Spring Festival.
    The demand for plastic weaving and injection molding orders is flat.
    Affected by the epidemic, there is a strong demand for protective masks such as masks.
    It is expected that the next PP The market will be stable and small
    .

      LLDPE stabilized operation The futures market trended strongly and fluctuated, most of the petrochemical ex-factory prices were stable, and the merchants offered to follow the market
    .
    As of the end of the period, the mainstream domestic LLDPE quotation was 8650~8950 yuan, which was flat compared with the previous period
    .

    Stable operation of LLDPE

      On the supply side, the operating rate of petrochemical companies has been slightly higher recently
    .
    At present, the number of maintenance and repair of production equipment in petrochemical enterprises is not large.
    Recently, the production rate of LLDPE equipment in petrochemical enterprises has remained at a high level, and domestic supply tends to be loose
    .

      In terms of imports, the supply of imported goods has continued to be small recently, but the number of overseas offers to China has increased compared with the previous period.
    It is expected that the recovery of imports may take until after February
    .
    In terms of demand, the overall operating rate of downstream industries has declined slightly recently, and the support for raw material procurement is insufficient.
    It is expected that the LLDPE market will be adjusted slightly in the next period
    .

      (China Plastics Price Index Research Center)

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