-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
The PP1901 contract opened at 10,040 yuan, with a high of 10,056 yuan, a low of 9,855 yuan, and closed at 9,916 yuan, down 124 yuan, or 1.
24%.
The trading volume was reported at 495410 lots, and the position decreased by 58828 lots to 493654 lots
.
News: On September 5, the Ministry of Finance and the State Administration of Taxation jointly issued the Notice on Increasing the Export Rebate Tax Rates for Mechanical and Electrical, Cultural and Other Products! There are 397 categories of goods, if the customs declaration date is after September 15 (inclusive), you will be able to enjoy the new tax refund discount! At present, the Sino-US trade war is escalating, foreign trade exports are hazy, for most plastic products, the 25% tariff means not only no profit, but also a loss, which is tantamount to "disaster"
.
Among the products that have increased the export tax rebate rate this time, chemical products account for the highest proportion, accounting for about 25% of all commodities! This is a shot in the arm given by the government to enterprises in the context of Sino-US trade frictions!
Raw material price: naphtha CF Japan reported 707.
12 US dollars / ton, up 1.
13%; FOB Singapore was trading at $77.
3 a barrel, up 1.
15 percent
.
ethylene CFR Northeast Asia 1300 US dollars / ton, flat; CFR Southeast Asia was flat at $1160/mt
.
South Korea's FOB propylene price was 1135 US dollars / ton, flat, and the domestic propylene price was 9825 yuan / ton, flat
.
Spot price: Southeast Asia was flat at $1235; The Far East was flat at $1230/mt
.
Domestic: North China Qilu reported 10,600 yuan, up 20 yuan; East China Sanyuan 10450 yuan, down 50 yuan; South China Maoming 10,600 yuan, up 100 yuan
.
PP1901 fell back in shock, and the position volume was greatly reduced, indicating that there were long funds leaving the market
.
Fundamentally, the tight spot supply has formed a certain support for the futures price, but the loosening of the spot price has put some pressure
on the futures price.
Technically, the MACD indicator flattened above the central axis, the red bar shortened, and the KDJ indicator showed signs of a high retreat, indicating a weakening
short-term trend.
In terms of operation, the long holiday is approaching, and it is recommended that investors wait and see for the time being
.
