As of 15:00 on September 7, China Plastics Price Index rose 1.53 points to 991.15 points, China Plastics spot index rose 2.89 points to 1106.48 points, China Plastics warehouse receipts index fell 0.14 points to 929.73 points.
The styrene market in East China is strong and the transactions are average. The market price of styrene in the Zhangjiagang area is 9200-9300 yuan/ton (out of cans). Relative to the level of buying at 9150-9200 yuan/ton (out of cans), the quoted price of holders is firm, and the downstream demand is cautious. Market transactions are uncertain.
The market in the Far East Market was mainly returned with a steady return. At present, the intention of the market inquiry is general. There is no sign of heavy volume in actual transactions. It is expected that the market outlook will be stabilized mainly.
The market in Europe, America, and the United States is dominated by a stable market, in which the US monomer market is closed. At present, the market inquiry intention is sluggish, and there are few actual transactions. It is expected that the market outlook will focus on the stabilization of small and medium-sized earthquakes.
One. The main monomer price
Asian styrene FOB Korea quoted at 1119-1120 US dollars / ton, Far East propylene FOB Korea quoted at 1169-1171 US dollars / ton; Asian ethylene CFR Northeast Asia quoted at 1020-1022 US dollars / ton, CFR Southeast Asia quoted at 975-977 US dollars / t; European propylene CIF Northwest Europe is quoted at US$870-875/t.
2. Comprehensive observation
As the optimistic economic outlook of the financial market boosted, ICE Brent crude oil firmed steady in the morning on the 6th, while the market transactions were light due to the impact of the US labor holidays. At present, the single market conditions are mainly based on steady increase, and the overall market inquiry intention is bleak. The actual turnover is low. It is expected that the single market price in the future will be dominated by stable shocks.
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