The hottest November 16, 2009, China Plastics spot

As of 10 a.m. on November 16, 2009, China's plastic price index rose 9.93 points to 1004.28 points. The China Plastics spot index rose 2.71 points to 1038.27 points

I. upstream express:

on Friday (November 13), the settlement price of West Texas light oil futures in December on the New York Mercantile Exchange was $76.35 per barrel, down $0.59 from the previous trading day, with a trading range of 75 $67; The settlement price of December Brent crude oil futures on the London Intercontinental Exchange was $75.55 a barrel, down $0.47 from the previous trading day, with a trading range of 75 92 dollars

Asia styrene FOB Korea closed 1039 5 dollars/ton, down 6.5 dollars/ton from the previous trading day; CFR China closed at $per ton, down $7 per ton from the previous trading day. Us styrene market closed 44 85 cents/pound, down 0.4 cents/pound from the previous trading day. European styrene FOB RadM closed at USD/ton, down 12 USD/ton from the previous trading day

II. Manufacturer dynamics:

after the brief shutdown of Panjin Ethylene ABS unit last Friday, it was restarted last weekend, and the current load is about 30%. No delivery today. 510 in the early stage, the external quotation is 12150 yuan/ton. The contract price in East China is 350 yuan/ton lower, and that in North China and Northeast China is 150 yuan/ton lower

the ex warehouse price of CNPC East China ABS increased by 200 yuan/ton, 0215a to 12700 yuan/ton, 750A to 12650 yuan/ton, and 301 to 12800 yuan/ton. Recent sales are average, and there is not much inventory

the public quotation of Ningbo LG Yongxing ABS was increased by 100 yuan/ton, and the 121h reference factory quotation was increased to 13200 yuan/ton, and the actual transaction was slightly preferential. Recent sales are normal, inventory is low, and the unit is close to full production

Jilin Petrochemical ABS continues to sell at a fixed price, with 0215a priced at 12500 yuan/ton. Recent sales are average, and there is not much inventory. Most of the goods are shipped to PetroChina

ABS of Sinopec Sales South China branch continued to be listed for sale, with the listing prices of 275/275a being 11400 yuan/ton, and 3513, 3504, 8434, 3513a, 3504a, 8391, 3604, 3613 being 12200 yuan/ton. Recent sales are average and inventory is normal

III. local market conditions:

the quotation of China Plastics spot Mall () ABS, some brands have been adjusted, mainly rising, of which abs/750a/Daqing Petrochemical reported 12750 yuan/ton, up 100 yuan/ton; Abs/8391/Shanghai Gaoqiao plasticizer 5.0~10.0 reported 12700 yuan/ton, up 600 yuan/ton; Abs/pa-747s benbai/Taiwan Qimei news 13900 yuan/ton, up 100 yuan/ton; Abs/pa-777d/Taiwan Qimei reported 21200 yuan/ton, up 100 yuan/ton; Abs/hi-121/lg Yongxing reported 13000 yuan/ton, up 200 yuan/ton

since the weekend, the quotation of Dongguan ABS market has slightly increased by yuan/ton. The inquiry is OK, the transaction is general, and the merchants' mentality has improved. The overall inventory is normal, and the demand of downstream factories is weak

since the weekend, the ABS offer in Shunde market has slightly increased by about yuan/ton. Trading on the floor was average, and trading has improved. The terminal demand is sluggish, and the overall supply is sufficient

Ningbo ABS market news 1 Tian Hongfu, a senior engineer of FAW, once again shared the development goal of lightweight materials in the "energy saving and new energy vehicle technology roadmap", with some materials slightly higher, and there is little room for negotiation. The on-site trading is deadlocked, there are not many transactions, and end users purchase on demand. The supply of goods in the market is sufficient, and the mentality of merchants is poor

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