The hottest February 9 China Plastics spot ABS mar

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On February 9, China Plastics spot ABS market overview

China Plastics price index fell 0.21 points to 834.38 points, and China Plastics spot index rose 1.17 points to 897.28 points

I. upstream express:

WTI crude oil on the New York Mercantile Exchange fell by $1.00/barrel to 40.17 yuan/barrel today, and Brent crude oil fell by $0.25/barrel to 46.21 yuan/barrel

II. Manufacturer dynamics:

driven by the strengthening fundamentals of crude oil and naphtha, the Asian pure benzene market rose sharply on Friday, with FOB South Korea closing at USD/ton and Southeast Asia closing at 394 75 US dollars/ton, up 18.25 US dollars/ton from yesterday. In the afternoon, SK networks sold pure benzene in April to Mitsui at a price of $415/mtfob. In the trading area, GS Caltex's offer for pure benzene in March was significantly increased from $395/mt in the initial stage to $41 ferroscope, also known as two-color microscope 0/mt. Due to the inconsistent trend of phenol and acetone in the downstream, the market is worried that the sharp rise of pure benzene may damage the transaction, and the domestic market price is about 3400 yuan/ton. According to the news of the device, pttar's No. 2 aromatics unit in Mata Province in Thailand is put into operation. The company plans to quote on the spot market in March, because several domestic styrene producers such as irpc and Siam SM will end the maintenance and restart

styrene in northwest Europe fluctuated little on Friday, and FOB Rotterdam closed at 653 75 dollars/ton. Although pure benzene rose by $10/ton, due to the flat demand of the downstream styrene industry chain, this news has limited boost to the styrene atmosphere. According to market news, styrene was negotiated in $/mtfob Rotterdam in February, and the goods in March were slightly lower by $5/ton. It is rumored that there is a transaction at $690/mt FOB in the spot market, which has not been confirmed yet. As the contract price in February was lower than expected, and the subsequent arrival of U.S. supplies caused high inventory pressure, the atmosphere of the spot market weakened

III. local market conditions:

the load of Zhenjiang Qimei ABS device is low. Today's price rises by 100 yuan/ton, 707k is quoted at 9700 yuan/ton, 757K is quoted at 10000 yuan/ton. The actual transaction price is slightly preferential, the manufacturer sells in general, and the inventory is not much

the external quotation of Changzhou Xinhu ABS increased by 100 yuan/ton, and the reference quotation of ac-800 was 9750 yuan/ton. Recently, there is still no strong support for the fundamentals of sales, but the transaction is getting better, and the inventory is low. The unit is close to full production

the overall trend of ps/abs market in Yuyao plastic city this morning was good, and the market rose steadily. The upstream can realize that the scribed line on the equal load support is the position of the center line of the idler, the load rate loading or the equal stress rate loading continues to rise, and the ex factory price of some petrochemical enterprises increases by yuan/ton. Market confidence was encouraged, and the mentality of most traders began to improve, cautiously optimistic about the future. At present, the latest mainstream quotation of domestic ABS is yuan/ton, and the mainstream quotation of imported ABS is yuan/ton. The mainstream quotation of GPPS is yuan/ton, and that of hips is yuan/ton

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