The hottest international crude oil rose, and the

International crude oil rose, PE market price remained stable

[monomer observation] as of 15:00 on June 30, China Plastics price index rose 2.04 points to 1018.25 points, China Plastics spot index fell 0.45 points to 1203.89 points, and China Plastics warehouse receipt index rose 3.83 points to 936.89 points

the Styrene Market in East China is stable and the atmosphere is flat. In the morning, the spot quotation of Styrene Market in Zhangjiagang was yuan/ton (out of tank), and the downstream demand was cautious, resulting in poor trading; In the afternoon, the closing price of Styrene Market in Zhangjiagang was yuan/ton, unchanged from the previous trading day. It was not affected by the rebound of crude oil. Downstream demand was cautious, and the trading atmosphere was cold

on Wednesday, the market in the Far East rose and fell. At present, the market inquiry intention has improved slightly, and the actual transaction volume has begun to increase. It is expected that the future market is expected to get rid of the downward trend. European and American markets rose slightly. At present, the market inquiry intention is OK, but the actual transaction is poor. It is expected that the future market will pick up

I The price of main monomers

Asia styrene FOB South Korea quoted in USD/ton (up 8), far east propylene FOB South Korea quoted at 1350 US $5/ton (down 10); Asia ethylene CFR Northeast Asia quoted at 1094 5 dollars/ton, CFR Southeast Asia quotation at 1100 5 dollars/ton; The quotation of European propylene CIF northwest Europe is USD/ton

II Comprehensive observation

crude oil futures rose 2% on Wednesday, rebounding to the level before the International Energy Agency announced the release of strategic oil reserves, affected by the unexpected decline in U.S. oil inventories and the easing of Greek debt concerns. At present, the monomer market has begun to stabilize. Although the increase is small, it is also good information. Among them, the Asian styrene market rose slightly, and the inquiry intention improved, but the actual transaction resistance was large. The European monomer market has basically stabilized, and the market is basically in a stable state. The overall performance is fairly good, without too much price fluctuation. It is expected that the individual market will gradually rebound in the future. Although the increase will not be large, the market will be significantly better than that of the previous few days

5. The central bank announced on the 29th that it would invite bids for three-month and three-year central bank tickets today, with a total of 20billion yuan. The funds due in the open market this week are 142billion yuan. If the issuance of repurchase continues to be suspended or maintained at a low volume, the net release of liquidity will still be achieved this week

III. Market Overview

crude oil futures in New York rose, naphtha in Asia rose, and ethylene in Asia closed flat. The domestic PE market quotation is mainly stable, and the linear price in some regions fluctuates slightly. The mainstream transaction price of LLDPE in the domestic market is between yuan/ton, the high-pressure mainstream transaction price is between yuan/ton, and the low-pressure mainstream transaction price is between yuan/ton

1. The price of PE market in North China is basically stable, the market trading is light, the mentality of merchants is stable, more monthly sales tasks are completed, there is no rush to ship, the downstream demand is general, and transactions are negotiated. Linear mainstream price yuan/ton. 1c7a reports yuan/ton, hm.0 reports 14950 yuan/ton, ld607 reports 13550 yuan/ton, ld608 reports 13700 yuan/ton, ld450/400 reports yuan/ton, LD100 reports 13000 yuan/ton, ld160as reports 13300 yuan/ton, Yanshan 5000S reports 11300 yuan/ton, Daqing 5000S reports yuan/ton, 1508s reports 11850 yuan/ton, 5200b reports 11600 yuan/ton, Dushanzi t reports 10500 yuan/ton, 8008 yuan/ton, 8920 reports 11300 yuan/ton, 9520 yuan/ton, 2911 reports 11950 yuan/ton

2. The price of PE market in East China is mainly stable, the spot market is not much, the wait-and-see atmosphere is strong, the downstream demand is general, there is pre-sale, the quotation is stable, and the trading volume is not much. Linear mainstream price yuan/ton. Shanghai Petrochemical mh602 reported 11550 yuan/ton, Shanghai Jinfei 5502 reported 11520 yuan, Formosa Plastics 9001 reported 12050 yuan/ton, Shanghai Secco 5502fa reported 11350 yuan/ton, and Daqing Petrochemical 5000S reported 11350 yuan/ton. Shanghai Petrochemical q281 reported 13850 yuan/ton, while the film blown out by high-pressure PE is suitable for various fresh-keeping bags. Yanshan Petrochemical ld100ac reported 14150 yuan/ton, Daqing Petrochemical 2426h reported 13520 yuan/ton, Qilu Petrochemical 2102tn2 reported 13650 yuan/ton, and Yanshan Petrochemical 1c7a reported 16450 yuan/ton

3. The price of PE market in South China fluctuated slightly in some regions, and the supply of goods in the market was constant. Near the end of the month, petrochemical sales were stopped and settled, and the inventory of merchants was digested slowly. Downstream inquiries did not improve, and the transaction was mainly negotiated. Linear mainstream is in yuan/ton. Maoming Petrochemical reported 13150 yuan/ton, 12325 yuan/ton, 2426k 12975 yuan/ton, 2426h 12975 yuan/ton; Daqing Petrochemical reported 12900 yuan/ton for 2426k and 13000 yuan/ton for 2426h; Maoming Petrochemical 5002 reported 10775 yuan/ton; Daqing Petrochemical 5000S reported 11200 yuan/ton, Maoming Petrochemical tr144 reported 10790 yuan/ton, Jilin Petrochemical 9455f reported 11275 yuan/ton, Lanzhou Petrochemical 8008 reported 10750 yuan/ton

IV. outlook

the U.S. government report showed that crude oil inventories fell last week. The market speculated that OPEC might cut production in response to the International Energy Agency (IEA) action to release 60million barrels of crude oil reserves. International crude oil prices rose, Asian naphtha prices rose, and Asian ethylene closed flat. The domestic ex factory price of PE is partially adjusted, the linear and high-voltage brands are increased and decreased, the low-voltage brands are partially reduced, the mainstream range of linear brands is increased, and the mainstream range prices of other brands remain unchanged. The domestic PE market price is mainly stable today, and the price in some parts of South China fluctuates slightly, which is generally stable. The trading atmosphere in the domestic PE spot market is poor, the merchants' mentality is stable, and they mostly complete the sales tasks. Now they are not in a hurry to ship, they are mainly on the market, most of the downstream demand is poor, and they are mainly on the sidelines. The downstream inquiries in some regions have improved. The overall transaction is to promote the further transformation and upgrading of the industry on the one hand, and on the other hand, it also improves the information exchange and exchange between our Taizhou Plastic Industry and the same industry in the country and even the world on the other hand. PE market price is expected to fluctuate slightly in the near future

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