linear PE market / high-pressure fell significantly
market dynamics:
Monday, PE sluggish overall market transactions, offer a slight overcast or, to the linear / high pressure dominated. North China, the linear prices continue to slightly lower prices are generally around Qilu inverted; East traded weak, linear offer slightly softer; South China, China-made high-pressure prices fell. Mainly petrochemical price stability, but learned that because of sluggish sales and Jilin Petrochemical / Daqing Petrochemical intention of linear aggregates decrease of 100 yuan / ton, not formally introduced; while most traders in the petrochemical prices will be reduced linearly, the market motivation is not high.
Concerned about hot spots:
1,2007 PE imports in January totaled 506,500 tons, the import of the large two consecutive months exceeds the average monthly level last year,custom mold, traders on the market resources of the digestion skeptical,(Related Articles:plastic product design PVC gathered through March bad long B), to some extent increased pessimism;
2, downstream of the factory after the Lantern Festival still needs significant improvement, coupled with abundant social resources, retail confidence has been shaken, shipping, Increase; the same time, petrochemical hand and importers to further increase financial pressure, some people reduce funding for the back rope offer shipping;
3, U.S. dollar market turnover is slow, LLDPE remained relatively dealers species of concern, the mainstream price maintenance 1300-1310 U.S. dollars / ton.
Price trends:
Overall, the market demand is not the ideal start, hard to improve transaction is expected in the absence of significant positive short-term stimulus to maintain Yindie trend.
PP market continued to decline in value greater risk
market dynamics:
Monday, PP market light, inquiry are not more volume too few. Traders quote the south and east down 50-100 yuan / ton in North China offer to maintain a small stock at the time to price. Petrochemical companies today offer a temporary stability, but the high side due to resource difficulties in shipping, petrochemical rumored price cuts this week could, in an internal buy oil this week,(Related Articles:rapid prototype April 1 over ABS-PS Market Overview - demand),rapid molding, Region factory prices may also be declined. Unchanged outside the plate, the port is still more resources, and slow digestion.
Concerned about hot spots:
1, downstream of the factory did not start much improved after the Lantern Festival, local recruitment is difficult, rework impact of slow start is an important factor;
2, market in the years after the concussion two weeks showed downward trend, brokers and gradually weakened the confidence of the market outlook, in particular, forced by financial pressure, so that price increases and gradually increase;
3, traders lock in profits by the impact of international crude oil prices down more than 9 1 U.S., but is expected to continue to decline below 60 may not.
Price trends:
around the PP as the current level of resources were both higher than normal are expected this week,rapid prototype, a larger domestic PP market risk,(Related Articles:rapid prototype PVC paste resin market continued to rise), such as Sinopec forced to cut prices, the market price slump .
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