1. Market Overview
Today, most petrochemical ex-factory prices continue to rise by 100-350 yuan/ton. PP futures main contract low open shock, suppress the spot market mentality, the market trading atmosphere turned weak, the price with a small adjustment of 20-150 yuan/ton, part of the profit to weaken, less goods brand prices firm. Shenhua's online auction closed 53.56 percent.
petrochemical ex-factory price
| 11 October | Sinopec PP | PetroChina PP |
| East China | Up 100-350 | Most 100. |
| South China | Some special materials rose 100-250 | Injection 100 |
| Central China | Part up 100-200 | - |
| North China | Most rose 100-200 | Most rose 100-200 |
| Northeast | - | Partial 100 |
| Northwest | - | Individual 100 increase |
| Southwest | - | Most are up 50-100. |
analysis of influencing factors of 2.
Propylene:Today propylene market prices continue to rise. International crude oil fell sharply, but the demand for domestic polypropylene powder plants was fair. Propylene refineries sold goods in general, and prices rose steadily, but contracted from yesterday's increase.
Device:
| Manufacturer | Annual Capacity(Tons) | PP plant dynamics |
| Fujian United | 67 | The first-line production of the new device is 34G, the second-line production is 1100N, and the old device production is T30S. |
| Maoming Petrochemical | 67 | First-line production PPH-T03; second-line production N-Z30S; third-line production K8003. |
| Yulin Shenhua Energy | 30 | Production S1003. |
| Yanchang Zhongmei Yulin | 60 | First-line production EPS30R; second-line latest conversion K9026. |
| Yuntianhua Petrochemical | 16 | F003G conversion. |
3. market forecast
Merchant costs and market prices are high, but downstream demand is underperforming, and as the weekend approaches, the mentality of all parties turns to the sidelines. Hercynian Plastic Trading Network predicts that the PP market will be stable and weak tomorrow.
