Plastic raw materials market trend is slightly differentiated, soft rubber mostly rises, hard rubber gradually declines

This week (March 8 to March 12), the plastic raw material market in Yuyao China Plastics City saw a slight divergence, with soft plastics mostly rising; hard plastics gradually falling

Low-density polyethylene (LDPE) 12200-12400 yuan (weekend ton price, the same below) 200/200

The market inquiries were good, and the market continued to rise

Linear low density polyethylene (LLDPE) 9200-9900 yuan 200/100

Market transactions were limited, and the market rose in a roundabout way

High-density polyethylene (HDPE): The market trend is good, and the market is mostly higher

The mainstream price of wire drawing materials is around 9,500 yuan on weekends

The mainstream price of plastic injection on weekends is 8750-9800 yuan

The mainstream price of film materials at the weekend is 9250-10200 yuan

The mainstream quotation of hollow materials at weekends is 9200-12000 yuan

External disk market: the latest prices in the Asian market: wire drawing materials at 1,200-1,202 US dollars / ton (CFR China), an increase of 20 US dollars / ton, 1230-1232 US dollars / ton (CFR Southeast Asia), an increase of 30 US dollars / ton; injection molding plastic at 1180- 1182 USD/ton (CFR China), up 20 USD/ton, 1210-1212 USD/ton (CFR Southeast Asia), up 30 USD/ton; film material at 1220-1222 USD/ton (CFR China), up 20 USD/ton Tons, 1290-1292 US dollars/ton (CFR Southeast Asia), an increase of 40 US dollars/ton; Blowing plastic at 1230-1232 US dollars/ton (CFR China), an increase of 40 US dollars/ton, 1300-1302 US dollars/ton (CFR Southeast Asia) , Hold steady

Polypropylene (PP): The market sentiment is insufficient, and the market fluctuates

External disk market: the latest price in the Asian market: injection PP at US$1258-1260/ton (CFR China), US$1448-1450/ton (CFR Southeast Asia), both up by US$30/ton; IPP film at US$1273-1275/ton ( CFR China), 1463-1465 US dollars / ton (CFR Southeast Asia), both increased by 30 US dollars / ton; BOPP at 1283-1285 US dollars / ton (CFR China), increased by 35 US dollars / ton, 1478-1480 US dollars / ton (CFR Southeast Asia) ), an increase of 30 US dollars/ton; a total of 1313-1315 US dollars/ton (CFR China), 1483-1485 US dollars/ton (CFR Southeast Asia), an increase of 30 US dollars/ton

Polyvinyl chloride (PVC): The market atmosphere is quiet, and the market is basically stable

Raw material prices and external market conditions: VCM is quoted at US$1100-1102/ton (CFR Far East); US$1163-1165/ton (CFR Southeast Asia), both up by US$90/ton; EDC prices are at US$568-570/ton (CFR Far East) ); US$603-605/ton (CFR Southeast Asia), both stable

Polystyrene (PS): The market performed poorly, and the market was partially down

External disk market: the latest price in the Asian market: GPPS is at US$1550-1560/ton (CFR Southeast Asia), up by US$50/ton, and US$1450-1460/ton (CFR China), holding steady
.
HIPS was at USD 1970-1980/ton (CFR Southeast Asia), up USD 70/ton, USD 1870-1880/ton (CFR China), USD 30/ton
.
On Thursday, the latest price of styrene monomer was US$1228.
5-1232.
5/ton (CFR China), down US$83/ton
.
The renminbi price was 9200-9250 yuan (Zhangjiagang), down 200 yuan
.

ABS resin: The market trend turned weaker, and the market went up and down
.
Over the weekend, the mainstream domestic ABS quoted prices ranged from RMB 17,850-19,400
.
Among them, Jilin Petrochemical 0215A was 17,850 yuan, down 50 yuan
.
LG Yongxing HI-121H was 18,000 yuan, down 200 yuan
.
Ningbo Taihua AG15A1 was 18,300 yuan, down 300 yuan
.
Zhenjiang Chi Mei D-180 was 18,500 yuan, down 300 yuan
.
Zhenjiang Chi Mei PA-757K is 19,400 yuan
.
The price of imported ABS is 18500-21500 yuan
.
Among them, China's Taiwan Chi Mei 757 was 20,200 yuan, down 200 yuan
.
South Korea’s LG HI-121 was 18,500 yuan, down 500 yuan
.
Ineos styrene collar GP-22 is 21,500 yuan
.
This week, the market bearishness began to increase.
Whether it is crude oil, petrochemicals or demand, it is difficult to find bright spots.
Especially in terms of demand, the rejection of manufacturers is more obvious, which has brought a lot of resistance to the market
.
However, fortunately, although the styrene monomer has fallen, the overall price is still high, and the downside of the market is restrained
.
Traders are cautious and follow the market, seeking shipment opportunities
.
It is expected that there may still be downside space in the ABS market in the short term
.

External disk market: the latest price in the Asian market is 2490-2495 US dollars / ton (CFR China); 2520-2525 US dollars / ton (CFR Southeast Asia), both rose by 30 US dollars / ton
.

Engineering plastics: The market was severely cut off, and the market went up and down
.
PA6, Thailand's Ube 1013B is 19,000 yuan, up 500 yuan; Japan's DSM 1010C2 is 24,500 yuan
.
PA66, Japan's Asahi Kasei 1300S is 47,500 yuan; Germany's BASF A3EG6 is 38,500 yuan, an increase of 500 yuan
.
For PC, Covestro 2805 was 27,900 yuan, down 200 yuan; Taihua Idemitsu IR2200 was 26,300 yuan, up 300 yuan
.
POM, South Korea’s Kolon K300 is 15,600 yuan, an increase of 100 yuan; Thailand’s Mitsubishi F20-03 is 17,800 yuan
.
PMMA, China's Taiwan Chi Mei CM205 is 18,500 yuan, an increase of 150 yuan
.
LG Chemical's IF850 was 19,000 yuan, up 200 yuan
.