First, the market overview.
PP petrochemical factory prices continue to rise today. PP futures main contract, although in the 10000 position above the low open, intraday rise, back to the 10100 position. Spot market buying gas is low, merchants offer to chase up cautiously, North China and Central China by petrochemical support, slightly upward, South China and East China market prices slightly finishing 20-150 yuan/ton, some transactions exist to make profits. Shenhua bid 75.5 percent.
| August 8 | Sinopec PP | PetroChina PP |
| East China | Partial 150 | Steady |
| South China | Steady | Part up 200-600 |
| Central China | Part up 50-100 | - |
| North China | Steady | Steady |
| Northeast | - | Up 100-200 |
| Northwest | - | Steady |
| Southwest | - | Part up 100-300 |
analysis of influencing factors of 2.
Propylene:Today propylene market prices continue to rise. Although the intention of propylene downstream receiving goods is flat, but propylene refinery inventory continues to remain tight, prices remain high, some continue to rise.
Device:
| Manufacturer | Annual Capacity(Tons) | PP plant dynamics |
| Fujian United | 67 | The first line of the new device was converted to 1080K on the 5th, the second line was 1100N, and the old device was T30S. |
| Maoming Petrochemical | 67 | First-line conversion PPB-M02D; second-line production PPD-MT45-S; third-line production K7726H. |
| China Coal Shaanxi Yulin Energy | 30 | Production L5E89. |
| China Coal Mongolia New Energy | 30 | 7714 production (transparent material). |
| Xuzhou Haitian | 20 | Stop the car on 8.5 days and plan to overhaul for 10 days. |
Third, the market forecast.
At present, there are not many circulation resources in the market, but the digestion is slow, and the production cost of downstream factories is high. Hercynian Plastic Trading Network predicts that the supply and demand of PP market will be stalemate in the near future, or show weakness, and some transactions will continue to make profits.
