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This week (July 28-August 4), the domestic PP market price consolidation
.
In the spot market, petrochemical prices are relatively stable this week, although futures fluctuate upward, but dragged down by downstream demand, PP market trading is more cautious, last Friday (July 28) the mainstream price of the drawing market was 8000-8450 yuan / ton, as of this Friday, the mainstream price of the drawing market was 8150-8550 yuan / ton, an increase of 100-150 yuan / ton
.
Plant dynamics: Shenhuaning coal PP plant produces 2348M in the first line, 1102K in the second line, 1100N in the third line and 1100N
in the fourth line.
Shanghai Petrochemical PP Yimer produces E980BHF, Dimer converts F800E, and Sanmer produces GM1600EH
.
The 200,000 tons/year PP unit of Shijiazhuang Refining and Chemical Company was shut down for maintenance on July 1, and the work was stopped for about 50 days, and it is expected to be started around
August 20.
The old plant of Dushanzi Petrochemical PP produced EPS30R in the first line, and the old second line switched to 725EF; The new plant produces the K9928H in the first line and the S2040
in the second line.
In August, downstream demand is expected to increase, coupled with the current favorable support of futures, the market price rises, if futures continue to be favorable support, it is expected that the PP market quotation has room to rise
.
