echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > China Chemical > China Plastics Price Index November 26

    China Plastics Price Index November 26

    • Last Update: 2021-12-04
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    In this issue (November 18-24), polyvinyl chloride (PVC) futures continued to rebound, and the closing prices of polypropylene (PP) and linear low-density polyethylene (LLDPE) futures markets also rose to a certain extent
    .


    Affected by this, the quotations of PVC manufacturers and traders have risen slightly, downstream companies have taken advantage of the dip, and transactions have increased


    From the market point of view, in late November, terminal companies are in the off-season for production, and limited new orders have made companies less enthusiastic about purchasing
    .


    On the upstream side, although the price of calcium carbide rose slightly, support was limited


    PVC futures rebounded slightly in volatility, market sentiment improved, merchants accompanied by high-reported shipments, and the spot market rose slightly this period
    .


    As of the end of the period, the mainstream self-raising price of type 5 ordinary calcium carbide in the South China and East China markets was 9500-9750 yuan (ton price, the same below)


    The PP futures market stabilized slightly.
    The ex-factory prices of petrochemical companies rose and fell.
    Traders' offers fluctuated slightly.
    The follow-up of new orders from downstream factories was limited, and the demand for purchases continued
    .


    As of the end of the period, the mainstream quotation of domestic PP drawing materials was 8330~8700 yuan, a slight drop of 60 yuan from the previous period


    LLDPE warmed up and adjusted the futures market to rebound slightly.
    Most of the ex-factory prices of petrochemical companies stabilized, some of them increased, and some of traders' offers followed up, and it was difficult for downstream factories to purchase more
    .


    As of the end of the period, the mainstream domestic LLDPE quotations were between 8,950 and 9,400 yuan, a slight increase of 50 yuan from the previous period




    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.