Weekly market for polypropylene (PP) market (8.16)

Polypropylene (PP) performance was weak, and the prices fell slightly. On the weekend, the mainstream quotes for homopolymer wire drawing/injection plastics were in the range of 10800-11000 yuan, down by 200-300 yuan. Among them, Shanghai Petrochemical T300 was 11,000 yuan, down 300 yuan. T30S was 10,800 yuan, down 200 yuan. Zhenhai Refining & Chemicals T30S was 10,700 yuan, down 200 yuan. Shaoxing Sanyuan T30S was 10,800 yuan, down 200 yuan. Shanghai Secco S1003 was 10,800 yuan, down 200 yuan. Domestic copolymer materials in 11400 - 11950 yuan. Among them, Yangzi Petrochemical J340 was 11,400 yuan, down 250 yuan. Yanshan Petrochemical K8303 was 11,700 yuan, down 100 yuan, K7726 was 1,1950 yuan, down 50 yuan. Shanghai Secco K7926 was 11,550 yuan, up 50 yuan. Copolymer materials in the 11400-12800 yuan. Among them, South Korea's Hyundai M1600 was 11,700 yuan, down 100 yuan. South Korea Hyosung J340 was 12,800 yuan, up 200 yuan. South Korea's Samsung HJ730 was 12,200 yuan. South Korea SKB380G was 11,400 yuan, down 100 yuan. South Korea's Daelim EP300R was 11,700 yuan, down 100 yuan. The price of monofilament powder was 10,600 yuan, down 100 yuan. The current market sentiment increased, and the stalemate pattern between buyers and sellers was more obvious. On the one hand, downstream factories fell due to the impact of crude oil slumps. Stronger mentality, it is difficult to increase the enthusiasm for buying into the market, on the other hand, the quotation in the petrochemical firm and partially installed Under gradually shut down for maintenance support, traders continue to price shipping intention is not strong. Expected, the recent polypropylene market may still be vulnerable callback situation, but the rate will not be too much.

External market: The latest market in Asia is mixed. Mainstream quotes: homopolymer injection PP in the 1234-1236 US dollars / ton (CFR China), a small drop of 5 US dollars / ton, 1244-1246 US dollars / ton (CFR South East Asia), rose 35 US dollars / ton; IPP membrane at 1254-1256 US dollars / ton (CFR China), a small drop of 5 US dollars / ton, 1264-1266 US dollars / ton (CFR South East Asia), up 35 US dollars / ton; BOPP at 1254-1256 US dollars / Ton (CFR China), which fell by US$5/ton, US$1264-1266/ton (CFR South East Asia), rising by US$35/ton; block copolymerization at US$1314-1316/ton (CFR China), up by US$15/ton , 1324-1326 US dollars / ton (CFR South East Asia), up 55 US dollars / ton. Thursday, the latest offer of propylene monomer in 1199-1201 US dollars / ton (CFR China), soared 110 US dollars / ton, 1189-1191 US dollars / Ton (CFR South East Asia), rose by 120 US dollars / ton.