Brief introduction to the spot ABS market of China

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On June 23, 2009, China Plastics spot ABS market brief

China Plastics price index fell 10.24 points to 939.99 points, and China Plastics spot index fell 1.22 points. The Rockwell hardness test conditions are shown in table 2-1 to 999.74 points

I. upstream express:

on Monday (June 22), the settlement price of West Texas light oil futures in July on the New York Mercantile Exchange was $66.93 a barrel, down $2.62 from the previous trading day, with a trading range of 66 89 dollars; The August futures settlement price of Brent crude oil on the London Intercontinental Exchange was $66.98 a barrel, down $2.21 from the previous trading day, with a trading range of 66 $62

Asia styrene FOB Korea closed at 1023 on Monday US $25/ton, CFR China closed US $1/ton, both flat. The US styrene market rose 0.35 cents/pound to close at 42 6 cents/pound. The European styrene market rose $23.25/ton to close at 944 75 dollars/ton

II. Manufacturer dynamics:

the load of Zhenjiang Qimei ABS device is about 50%, and the manufacturer's inventory is low. The ex factory quotation is stable, 12500 yuan/ton for 707k and 12700 yuan/ton for 757K

Zhenjiang Guoheng ABS device starts normally, the manufacturer's inventory is low, and the sales are general. The ex factory quotation is stable, D180 is quoted at 12700 yuan/ton, D190 is quoted at 12600 yuan/ton

Lanzhou Petrochemical's 20000 ton/year ABS unit is scheduled to start up tomorrow. The unit will undergo routine shutdown and maintenance from the end of May with axial rotation and lateral twists. Another 30000 T/a ABS unit has been stopped since August 2008, and there is no plan to restart this time

lg Yongxing ABS unit has a high operating rate, low inventory and normal shipment. The public ex factory quotation is temporarily stable, and 121h is quoted at 12700 yuan/ton

Panjin Ethylene ABS unit operates normally, and ch510 has a certain rubber characteristics. The quotation remains at 12050 yuan/ton, and the export sales are suspended today

III. local market conditions:

the quotation range of the main brands of ABS in the China Plastics spot mall is mainly between yuan/ton. The main brands have changed significantly compared with the same period yesterday. The quotation of a large number of brands has been adjusted, with a rise and fall of yuan/ton. Only a small number of five capital fell by 20%; PBS key monomer bio butyric acid, 1 brand is allowed to negotiate, and the delivery areas are concentrated in Yuyao, Ningbo, Cixi, Nanjing, Shanghai and Yingkou. Among them, Jilin Petrochemical 0215a reported 12150 yuan/ton, Zhenjiang Qimei pa-757k reported 12800 yuan/ton, Zhenjiang Guoheng D180 reported 12500 yuan/ton, and Taiwan Qimei pa757 reported 12270 yuan/ton

the supply of goods in Dongguan ABS market is sufficient, and the demand of end users is weak. The market offer was slightly loose, and some prices fell by yuan/ton. Jilin Petrochemical 0215a reported 11200 yuan/ton, Taiwan Taihua 15a1 reported 11300 yuan/ton, Zhenjiang Qimei 757K reported 11800 yuan/ton, Taiwan Qimei 757 reported 11450 yuan/ton, Ningbo Taihua 15e1 reported 11200 yuan/ton, and the above prices do not include tax

the supply of goods in Shenzhen ABS market is basically normal, and the terminal demand is weak. The market offer is weak, and the actual transaction can be preferential. 121h Ningyuan/ton, 15a1 Ningyuan/ton, 757K Ningyuan/ton, 707k Ningyuan/ton, 0215a 12050 yuan/ton, all of which are tax inclusive prices

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