ArticleManagerThe latest news of international crude oil
Waiting for the OPEC meeting, European and American crude oil futures stabilized after intraday oscillation, WTI crude oil futures rose slightly, and Brent crude oil futures fell slightly. On Tuesday (November 2), the December 2021 futures settlement price of West Texas Light Oil on the New York Mercantile Exchange was $83.91 per barrel, down $0.14, or 0.2%, from the previous session, trading in a range of $82.92-84.41; the January 2022 futures of Brent crude oil on the Intercontinental Exchange in London settled at $84.72 per barrel, up $0.01, or 0.0%, from the previous session, trading in a range of $83.76-85.23.
【Market Overview and Forecast】
PE market
Yesterday’s market price weakened, petrochemical manufacturers did not have a major adjustment, mostly maintained stable factory prices, affected by this, traders have a peaceful mentality, holding goods and waiting to occupy the mainstream. From the actual situation downstream, factory procurement is still biased, and the actual transaction follow-up is weak.
Market reference: Chengdu market: Lanhua 2426H reported 11900; Maoming 2426H 12050; Shenhua 2426H reported 11800; Daqing 2426F report 11900; Sichuan 7042 reported 8950; Sichuan 7042N reported 8950; China Coal 7042 reported 8850.
Forecast: The market continues to consolidate its momentum.
PP market
Yesterday’s market prices fell slightly, futures fluctuated at a low level, suppressing industry confidence to a certain extent, petrochemical factory parts were lowered, market cost support weakened, traders accompanied by a slight adjustment of offers, downstream factories in addition to just need to take goods to maintain a wait-and-see attitude, the overall trading atmosphere of the market is general. In the short term, with the further decline in prices in recent days, the pace of destocking of petrochemical companies has accelerated, and traders’ inventories have also declined, and the current inventory pressure is not large. In the downstream, the start of the downstream industry was generally stable and slightly rising, and the demand performance was still lower than the same period of previous years.
Market reference: Shunde PP market T03 reported 8300 yuan / ton, Hainan T03 reported 8400 yuan / ton, Beihai T03 reported 8700 yuan / ton, Juzhengyuan T03 reported 8400 yuan / ton, Zhongjing T30S reported 8300 yuan / ton, Maoming T30S reported 8800 yuan / ton, China Coal L5E89 reported 8400 yuan / ton.
Forecast: The future market is mainly slightly adjusted.
PVC market
Yesterday’s market prices fell, raw calcium carbide prices continued to decline, cost support was insufficient, today’s futures were sharply lowered, and the trading atmosphere in the market was weak. Production enterprises continue to lower factory prices, traders are generally bearish on the future market, actively let the profit go, downstream goods are limited, just need to purchase.
Market reference: Changzhou PVC market calcium carbide PVC market 5 type material spot mainstream quotation is about 9600-10000 yuan / ton, point price 01+850-1000, 3/8 type 10400-10600 yuan / ton, ethylene method mainstream is about 10300-11900 yuan / ton.
Forecast: The market remains weak and volatile.
PS Market
Yesterday’s market price was weak, styrene declined, coupled with the decline of PS petrochemical manufacturers at the beginning of the week, suppressing the mentality of merchants, the downstream sentiment of taking goods is not high, the market transaction is not good, and some operators may slightly make profits.
Market reference: Dongguan PS Zhenjiang Chimei PG33 reported 10500-10800 yuan / ton, PH88 reported 11900-12200 yuan / ton; Taiwan Taihua 5250 reported 10940-10960 yuan / ton, 8250 reported 11180-11200 yuan / ton; Ningbo Taihua 535N reported 10750 yuan / ton, 8250 reported 11180-11500 yuan / ton.
Forecast: The market is still expected to decline.
ABS market
Yesterday, the market softened slightly, styrene fell again, petrochemical manufacturers have successively made up for the reduction, the cost side continues to suppress the market atmosphere, but the cost of holding goods and some buying support, the market decline or gradually slowed down.
Market reference: Ningbo ABS market 0215A reported 16600 yuan / ton, 121H Yongxing reported 17350 yuan / ton, Ningbo 15E1 reported 17400 yuan / ton, 707K reported 18050 yuan / ton, 417 reported 16450 yuan / ton.
Forecast: The market still expects a downward correction.
PET bottle flakes market
Yesterday’s market fell individually, PTA, ethylene glycol narrowly recovered, the cost side is general, but the downstream demand is not good, the actual order is scarce, and the focus of polyester bottle flakes is down.
Market reference: Xiamen Tenglong polyester bottle flakes price reduced by 50, water bottle grade, oil bottle grade, hot filling report 8050 short delivery, carbonate high 100.
Forecast: The market is weak and falling.
PET waste recycling market
Yesterday, chemical fiber manufacturers fell individually, new polyester chips continued to explore, suppressing the recycling market, the supply of recycled bottle flakes was tightly supported, cleaning plants were sold at low prices, chemical fiber factories were mainly based on rigid demand, and flexible negotiations were made in real orders.
Market reference: Hubei microplastic renewable resources bottle brick brick: blue, white and green brick 3400, monochrome blue-green oil pot brick 2500, blue-white-green net brick 3800, blue-green net brick 2700; Bottle pure white flakes 5100, mixed color wool flakes 3900, mixed color bottle flakes 3900.
Forecast: Market range collation.
The latest November 3 national chemical fiber plant plastic market price reference
Northeast
From November 3, the purchase price of Liaoning Shengda bottle flakes and bottle bricks market will be reduced by 50: blue and white A grade 4450, B grade 4350, C grade 4250, 3A pure white 5100, blue white green net brick 3750, wool brick 3550, blue and white net brick 4050, Mao brick 3850, pure white net brick 4500, Mao brick 4300, oil pot net brick 3050, Mao brick 2850, pure soy sauce pot 4500, pure milk bottle 4500, Wahaha 3800, daily chemical 3400.
North China
From November 3, Hebei Xurun renewable resources bottle brick market purchase price reference: blue and white net brick 4050, three-color net brick first-class 3950, second-level three-color net brick 3900, first-class wool brick 3750, second-level wool brick 3700.
From November 3, Hebei Pengfeng chemical fiber bottle sheet market purchase price reference: white chip 4400, blue and white 4300, blue chip 4200, oil pot piece 4100, green chip 3400, mixed bottle monthly end 3800, weekly knot 3700, oil pot briquette monthly knot 3400, weekly knot 3300! The above raw materials support cash checkout, please use China 5 and 6 vehicles.
From November 3, Hebei Xinjihonglin chemical fiber bottle brick market purchase price reference: oil pot brick under 3000-3100, three-color brick 3600-3700.
From November 3, Hebei Junye fiber bottle brick market purchase price reference: three-color brick 3700, oil pot brick 3200, weekly end, monthly end high 100, specific transaction negotiation.
From November 3, Hebei Jinyi bottle flakes and bottle bricks market price reference: cold washed white flakes 4400, cold-washed blue and white flakes 4300, cold-washed blue flakes 4200, cold-washed pure green flakes 3400, cold-washed oil pot slices 3900, mixed bricks 3700, oil pot bricks 3200.
From November 3, Hebei Juyue bottle flakes market purchase price reference: cold washed white tablets 4500, cold washed blue and white tablets 4400, cold-washed blue flakes 4200, pure green slices 3400, cold-washed oil pot slices 4200.
Second price adjustment ▼From November 3, Hebei Juyue bottle flakes market purchase price reference: cold washed white tablets 4500, cold-washed blue and white tablets 4400, cold-washed blue slices 4300 (up 100), pure green slices 3400, cold-washed oil pot slices 4200.
Three price adjustments▼From November 3, the market purchase price of Hebei Juyue bottle flakes market: cold-washed white tablets 4500, cold-washed blue and white tablets 4400, cold-washed blue slices 4300, pure green slices 3300 (down 100), cold-washed oil pot slices 4100 (down 100).
South
From November 3, Guangdong Foshan PET recycled bottle flakes market price reference: three-dimensional hot-washed blue and white tablets 4700, three-dimensional cold-washed blue-white tablets 4500, the specific transaction negotiation is the mainstay.
From November 3, Guangdong Foshan recycled high-pressure granule market price reference: white transparent first-class mainstream negotiation price of about 7800-8000, scrap granulation 9200, the specific transaction price negotiation.
southwest
From November 3, Sichuan Yufeng chemical fiber bottle sheet market purchase price reference: cold washing blue and white tablets level 1 3800, cold washing blue and white tablets level 2 3700, white cloth foam reference price 3000, green crushed cold wash packaging belt 3300.
East
From November 3, Jiangsu Jiangyin recycled PET bottle flakes market price reference: machine hot wash white tablets 4800, machine hot wash blue and white tablets 4600, the specific transaction negotiation is the mainstay.
From November 3, Jiangsu Nantong Yijin bottle slice market purchase price reference: cold water blue and white tablets 4400, including cover wool bottle tablets about 4200, hot water blue and white tablets 4500, the specific transaction is mainly negotiated.
From November 3, Jiangsu Suzhou Jiulong resource bottle brick market price reference: white bottle brick 4680-4580, blue and white bottle 2850, blue bottle 3190, green bottle 2770-3190, oil pot brick up 100 price 3500-3700, milky white bottle 1300, miscellaneous bottle 1050.
From November 3, Jiangsu Lisaike environmental protection bottle bricks, bottle flakes market price reference: white bottle bricks 4670-4770, blue bottle bricks 3190, green bottle bricks 2770-3190, oil kettle bricks 3300-3500, blue and white bottle bricks 2850, wool bottle 2650, the specific transaction negotiation is the mainstay.
From November 3, Shandong Linyi recycled PET bottle flakes market purchase price reference: hot washing machine white flakes 4900, blue and white 4800, cold washing blue and white 4500, off standard bricks 3600, wool bottle bricks 3200.
From November 3, Shandong Linyi PP life crushing market price reference: white transparent high-quality lychee basket 6700, blue fruit basket crushed 1600, black fruit basket crushed material 1100.
From November 3, the market price of Shandong Yuncheng Southern Fiber Products Bottle Sheet is referenced: cold water blue and white sheet A grade 4400, cold wash blue and white sheet B grade 4350, cold wash blue and white film C grade 4510-4520.
From November 3, Anhui Yixiang Jiye recycled bottle brick market purchase price reference: three-color bottle brick now knotted 3400, monthly end 3500, blue and white bottle brick now knotted 3700, monthly knot 3800, to the factory to deduct water and miscellaneous.
From November 3, Anhui Ruiqi plastic industry bottle flakes market price reference: cold wash blue and white flakes 4600-4900, hot water blue and white flakes 4900-5100, cold water hot water pure green flakes 3900-4000, bottle cap 5000, Wahaha 5350, Dabai 5700.
From November 3, Anhui Fulin environmental protection bottle bricks and bottle flakes market price reference: high-quality 3A white bottle bricks 4500, high-quality blue bottles 3400, green bottles 3400, oil pot bricks 3200, pure three-color wool bricks 3900, cold water 3A pure white flakes 5500, the specific transaction negotiation is the mainstay.
From November 3, Zhejiang Huatong chemical fiber bottle flakes and bottle bricks market price reference: cold water tablets 4400, wool bottle flakes 4300, high-quality 3A bottles 4800, low-grade bottles 4000, blue bottle bricks 3900, oil bottle bricks 3200, bottle caps 4000, iron wire 1000, the actual transaction negotiation is the mainstay.
From November 3, the market price of Zhejiang Cixi recycled PET bottle flakes is referenced: cold-washed blue and white tablets 4800, cold-washed white tablets 4900, and the specific transaction is mainly negotiated.
From November 3, the market price of Zhejiang Jiali renewable resources bottle bricks and bottle flakes will be reduced by 100: cold-washed pure green tablets 3700, hot-washed 3A white flakes 5300, cold-washed white flakes 4900, Mao green flakes 3500, blue and white bottle bricks 3400, pure green bottle bricks 3100, net white bricks 4600, pure Lehu flakes 3200, PET packing belt 3100.
From November 3, Zhejiang Ningbo PA66 airbag cloth market price reference: white light yellow degumming 20500-21200, white light yellow glue 25000-25500, red degumming air bag cloth 19300-19500, specific transaction negotiation.
From November 3, Fujian Sanming Rongyuan bottle flakes, bottle bricks market purchase price reference: three-color wool bricks now to the factory price of 3500, cold water blue and white flakes 4500, covered wool flakes 4200, the actual transaction negotiation.
From November 3, Fujian Canhua renewable resources bottle brick market purchase price reference: three-color bottle brick 3700.
From November 3, the market price of domestic industrial film in Shanghai was partially reduced by 100: washed winding film, flat film primary film 4600 (particle yield of 9.3-9.5), secondary film 3000 (particle yield 8.6).
Central
From November 3, Henan Anyang Huakai renewable resources bottle flakes market purchase price reference: cold water white film reference 4100-4200, first-class cold water blue and white film 4000-4100, second-class cold water blue and white film 3900-4000, to the factory to deduct water and miscellaneous, the actual list is discussed in detail.
From November 3, Henan Jiajing renewable resources bottle brick market purchase price reference: three-color bottle bricks about 4000, oil bottle bricks 2700, to the factory to deduct water and miscellaneous, the specific transaction can be negotiated.
From November 3, Hubei microplastic renewable resources bottle brick market purchase price reference: wool bricks: blue, white and green bricks 3500, monochrome blue-green oil pot bricks 2600, net bricks: blue, white and green net bricks 3900, blue-green net bricks 2800; Bottle flakes: pure white flakes 5200, mixed color wool-flakes: 4000, mixed color bottle flakes 3800. The actual transaction negotiation is the mainstay.