Guangdong Plastics Exchange Index price movement of inventory – plastic, invento
With the gradual Chinese New Year approaching, festive atmosphere and gradually spread in the market, coupled with government's policy of continued bearish, dealers operate more cautious, the market for pre-holiday basically stay on the sidelines the main. Guangdong Plastic Exchange of the settlement movement of varieties to maintain order shocks, the main force leading varieties of calcium carbide PVC Although once stabilized in the weeks to stabilize, rebound, but unable to restrain the pace of price decline steadily, with the reduction in downstream demand, turnover also signs of shrinking. As of the end, wide plastic index reported 1025.72 points, down 12.76 points over the previous period; average daily turnover 7468 batch (1 batch = 5 tons), reduce the 2321 than the previous batch; the end of 7091 batch of orders reported.
PVC by calcium carbide process PVC out of the current shock Xianyihouyang market. The continuation of settlement varieties beginning of the downturn continued to fall on, one after another fell below 7,400 yuan (t value, the same below) and 7,300 yuan mark; but with the fundamentals and gradually pick up, and the prices began to stabilize and gradually rebound in the latter, provided Vibration some popularity. As of the end, the settlement price varieties ~ 7330 yuan in 7245, down from 120 the previous period 170. From the market outlook of view, calcium carbide process PVC in the upstream market will continue strong support of the cost, but the rebound is not too large, before the Spring Festival, or 7,300 yuan in 7200 between the main shock. Ethylene PVC also drop out of the market volatility, market transactions small business operation some hesitation, despite the current upstream firm offer, but little impact on the market. As of the end, 4 July 7485 settlement price varieties ~ 7552 yuan, representing a decrease of 65 168 yuan. View from the future to speak of, yet out of PVC ethylene price adjustment in oil prices to gradually stabilize the situation, investors there are some rebound space.
LLD PE The overall trend of weak current LLDPE variety, traders are more impulsive attitude, resulting in current active transactions inside. Market in the period beginning after the inertia Zoudie down, traders have open positions, trading volume increased; in the period to the end stage of market gradually stabilizing, the session started, many traders to re-access disk, so that volume again to enlarge. As of the end, LL1003 ~ LL1008 contract closed at 11,325 ~ 11,700 yuan, representing a decrease of the end of 5 310 yuan, only LL1004 contract was up two yuan. Expected to continue to shock the market outlook will mainly out of the market factors breakthrough yet appeared.
PP In international oil prices back above 75 dollars, driven, PP market appears stabilized rebound trend. In the beginning the trend of continued decline approaching 11 thousand yuan in one fell swoop the gateway, but then the strong support in the bull, the price of rapid warming, with the strength of international oil prices again, business confidence in the market outlook, a gradual increase, in the case of transactions re-active prices have rebounded quickly. As of the end, 3 July settlement price varieties 11000 ~ 11450 yuan, up over a period of 95 ~ 310 yuan. Expected to be the next market will continue to be the main shock.
ABS / PS International Crude Pick up the price of ABS and PS did not change the weak trend. Current ABS slightly lower, down to 14,700 yuan to re-range; and PS market trend is relatively messy, mixed disk. As of the end of close, AB1003 ~ AB1008 contract reported 14,690 ~ 14,725 yuan, a drop of 70 ~ 153 yuan; PS1003 ~ PS1008 contract closed at 10,690 ~ 10,770 yuan, in March, April and June rose 10 to 40 yuan, while in May , July, August contract was down 10 to 100. ABS and PS is expected to market the next shock will gradually steadied.
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