Hottest January 7 plastic Market Forecast

Plastic Market Forecast on January 7

two goats in the United States detected the continuation of tensions between Iran and Brent, and Brent once broke through the $70 mark in the session, but the market believed that the follow-up development of the situation in the Middle East was still uncertain, and the rise in oil prices finally narrowed. In February, WTI crude oil futures contract closed up $0.22, and the settlement price was $63.27 per barrel. Brent crude oil futures closed up $0.31 at $68.91 a barrel

[Market Overview and forecast]

● PE market: yesterday, the market price was slightly adjusted, and the market atmosphere remained on the sidelines. Affected by the conflict between the United States and Iran, linear futures rose broadly, and merchants moved up most of their offers out of concern about the uncertainty of subsequent Iranian resource supply. It is difficult for the terminal demand side to show signs of improvement, and downstream users are generally enthusiastic about taking goods. Quotation reference: Tianjin market price slightly adjusted, Daqing 2426h reported yuan/ton; Guangzhou market offer adjustment, Guangzhou 7042 yuan/ton; After sorting out the offer in Hebei market, Dushan can carry out various tests with different fixtures, accessories, two-point extenders and load yuan. 5502 offers 7400 yuan/ton

today's forecast: it is expected that the market will be light today

● PP Market: the market price was adjusted in a narrow range yesterday. Through chain transmission, poly drive electromechanical makes the two lead screws rotate synchronously. Propylene futures fluctuate higher, and the ex factory price of petrochemical is stable and small, which has boosted the confidence of merchants in offering to a certain extent, but the boost is limited, mainly through solid negotiation. The willingness of downstream receiving goods is not high, the terminal trading is light, and some transactions are OK. Quotation reference: the PP market in Shanghai fell partially, and Daqing Refining and chemical T30S reported 7800 yuan/ton; Chongqing market slightly adjusted, Baofeng K8003 reported 8800 yuan/ton; Hebei market is stable and small, and hupec T30S reported 7550 yuan/ton

today's forecast: it is expected that the market price will not fluctuate much today

● PVC Market: the market was mainly stable yesterday, with some downward adjustments. The market arrival increased, the downstream procurement was not followed up, and the market price adjustment intention was strong. Close to the Spring Festival, downstream enterprises have little demand for goods, and most of them are purchased and used now. Quotation reference: Shantou market quotation reference, the mainstream quotation of type 5 is yuan/ton; The spot price in Changzhou market fell steadily, and the quotation of carbide method type 5 was yuan/ton

today's forecast: it is expected that today's market will continue to decline by a narrow margin

● PS Market: yesterday's market stabilized, with some expected to fall slightly. Crude oil and domestic futures markets rose, but the market inquiry atmosphere did not significantly improve. The industry was in a strong wait-and-see mood, and the firm offer was negotiated. Quotation reference: Shunde market quotation is temporarily stable, and pg33 is quoted at 9900 yuan/ton; The quotation in Beijing Tianjin Hebei market is mainly stable, and CNPC 500 is quoted at 9000 yuan/ton

today's forecast: it is expected that today's market will be weak and stable

● ABS market: yesterday, the market price fluctuated in a narrow range, and the development direction of the aluminum industry, which is locally small as the base, felt the pulse and weakened. The market is running light, businesses operate with them, and downstream purchase interest is low, resulting in small transactions. Quotation reference: Ningbo market is running light, with the quotation of 0215a yuan/ton; The quotation in Dongguan market is stable, and the price of 757 is 11650 yuan/ton

today's forecast: it is expected that the market will be weak today

● PET bottle chip Market: yesterday, the market price center rose, and the trading atmosphere was acceptable. With the rise of polyester dual raw materials and the favorable cost side, the bottle chip manufacturers raised their offer by yuan/ton. Merchants operate according to the market and take a wait-and-see attitude. The downstream takes the goods on demand, and the actual transaction is negotiated. Market reference: reference of water bottle materials in East China market; Reference self delivery of water bottle materials in South China market; Water bottle materials in North China market are self-contained

forecast today: it is expected that the market price will fluctuate in a narrow range today

● pet waste recycling market: yesterday's market was temporarily stable, and the main focus of market negotiations was basically maintained. The recovery speed of raw materials is not fast, and the quantity of recycled bottles and chips is general. The cleaning plant mainly completes the work before the festival, and the shipment is reduced. The terminal demand is sluggish, the chemical fiber plants plan to stop one after another, the overall operating rate has decreased, and the actual orders in the field are scarce. Market reference: the imitation Dahua on machine white film in East China market is about 5250 yuan/ton, excluding tax

today's forecast: it is expected that the market price will be stable and minor today