Make as many as 28 PE PP PVC ABS continue to play Pudie state
HC plastic mesh : As Energy Sluggish demand and the stronger dollar, oil prices continued to fall on the 27th. To the closing, the New York Mercantile Exchange in March, light sweet crude for delivery in 1.04 dollars to 73.67 U.S. dollars per barrel. Dragged down oil prices continue to decline, the exchange market continued weakness, the majority of species decline significantly settlement, short of basic dominate the market, then drive small businesses, as far as the Spring Festival draws near, many traders also choose to profit taking leave, so in a series of pressure, the extensive plastic index fell 6.41 points to 1032.07 points. 7466 transactions approved, up to reduce 3544 batch. Order reported 6680 batch.
Calcium carbide PVC Condition: calcium carbide process PVC continue showing Powei down trend, after the settlement opened the way species edge lower, closing at some of the recent species have been below 7300 yuan mark, 3? August delivery price to go to the 7220 variety? 7420 per hour, against yesterday's plunge 59? 132 yuan. Main varieties P11005 continue downward trend continued to fall yesterday, after opening below 7400 yuan mark, and then went straight to 7300 yuan pass away, short efforts that businesses have to suppress the sidelines, and the prices a short atmosphere, over time, approaching or even stop, a slight rebound late in the end, to 7300 yuan, down 125. From the overall transaction terms, and basic rather yesterday, but traders mentality has changed, too difficult market outlook, confidence. Fundamentals of the chlor-alkali enterprises in the upstream gradually lower the price under the influence of a depressed market sentiment, particularly in the demand is still in a state of weakness, watch more upstream and downstream enterprises, some enterprises have been ahead of schedule shutdown state. Negative pressure on the market is obvious, is one of the factors leading to price decline. From the technical side, most varieties have fallen below 30, the medium-term moving average, indicating a weak pattern of short-term is difficult to change. View from the future trends, market does not support the case in the market outlook still continues to plumb lows possible.
Ethylene PVC: PVC ethylene decline today remains the same, difficult Qiwen signs. As of close of 4? August settlement variety Yindie more than to close at 7540? Between 7665 yuan. Down 47 against yesterday? 85 yuan, the fundamentals of international oil prices continue to fall, NYSE WTI3 from 70 U.S. dollars on the contract closer, at 73.67 U.S. dollars / barrel, is expected to remain weak in the upper reaches of the state, short-term ethylene PVC consolidation within the trend will remain weak.
LLDPE : Continued market decline yesterday, today, LLDPE exchange market continued to fall across the board. Traders pessimistic attitude, not the market outlook, expectations, have to leave open, but there are some merchants in the bottom of the pick-up. As of today's close, the contract between the decline is gradually widened, the recent agreement on 2010 contracts were dropped 3,4 256 and 168 yuan or 11,330 yuan / ton and 11,520 yuan / ton, and July contracts 5,6 decreased by 40-96 per hour, offer in 11620-11850 yuan / ton. Technically, the contract of 20-day moving average almost across the board was broken, and the prices down trend is not a U-turn signs, but the order of the increasing role of the market played a touch of comfort. Fundamentals, ethylene prices in Asia rebound but not change the decrease in the upstream manufacturers offer the fate of the factory, Guangzhou Petrochemical, Maoming Petrochemical down 500 yuan, respectively, and 300 yuan in Oil Southwest also slightly down 200. Currently almost all manufacturers to price sales, but does not appear to play a stabilizing role of the market, spot market decline unabated, much lower inquiry, the actual transaction deserted the market is expected shortly will continue to callback.
Calcium carbide PVC Condition: calcium carbide process PVC continue showing Powei down trend, after the settlement opened the way species edge lower, closing at some of the recent species have been below 7300 yuan mark, 3? August delivery price to go to the 7220 variety? 7420 per hour, against yesterday's plunge 59? 132 yuan. Main varieties P11005 continue downward trend continued to fall yesterday, after opening below 7400 yuan mark, and then went straight to 7300 yuan pass away, short efforts that businesses have to suppress the sidelines, and the prices a short atmosphere, over time, approaching or even stop, a slight rebound late in the end, to 7300 yuan, down 125. From the overall transaction terms, and basic rather yesterday, but traders mentality has changed, too difficult market outlook, confidence. Fundamentals of the chlor-alkali enterprises in the upstream gradually lower the price under the influence of a depressed market sentiment, particularly in the demand is still in a state of weakness, watch more upstream and downstream enterprises, some enterprises have been ahead of schedule shutdown state. Negative pressure on the market is obvious, is one of the factors leading to price decline. From the technical side, most varieties have fallen below 30, the medium-term moving average, indicating a weak pattern of short-term is difficult to change. View from the future trends, market does not support the case in the market outlook still continues to plumb lows possible.
Ethylene PVC: PVC ethylene decline today remains the same, difficult Qiwen signs. As of close of 4? August settlement variety Yindie more than to close at 7540? Between 7665 yuan. Down 47 against yesterday? 85 yuan, the fundamentals of international oil prices continue to fall, NYSE WTI3 from 70 U.S. dollars on the contract closer, at 73.67 U.S. dollars / barrel, is expected to remain weak in the upper reaches of the state, short-term ethylene PVC consolidation within the trend will remain weak.
LLDPE : Continued market decline yesterday, today, LLDPE exchange market continued to fall across the board. Traders pessimistic attitude, not the market outlook, expectations, have to leave open, but there are some merchants in the bottom of the pick-up. As of today's close, the contract between the decline is gradually widened, the recent agreement on 2010 contracts were dropped 3,4 256 and 168 yuan or 11,330 yuan / ton and 11,520 yuan / ton, and July contracts 5,6 decreased by 40-96 per hour, offer in 11620-11850 yuan / ton. Technically, the contract of 20-day moving average almost across the board was broken, and the prices down trend is not a U-turn signs, but the order of the increasing role of the market played a touch of comfort. Fundamentals, ethylene prices in Asia rebound but not change the decrease in the upstream manufacturers offer the fate of the factory, Guangzhou Petrochemical, Maoming Petrochemical down 500 yuan, respectively, and 300 yuan in Oil Southwest also slightly down 200. Currently almost all manufacturers to price sales, but does not appear to play a stabilizing role of the market, spot market decline unabated, much lower inquiry, the actual transaction deserted the market is expected shortly will continue to callback.
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I am an expert from China Manufacturers, usually analyzes all kind of industries situation, such as barrel zinc plating , yamaha sub woofers.
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