Pp daily review: Weakening Cost Support Leads To Weak Decline In Polypropylene Market
1 , Today's Summary
②, The downtime impact of domestic polypropylene today decreased by 0.61% compared to yesterday, reaching 28.50%. Details of the changes in domestic PP plants today: Guangdong Petrochemical Line II (200,000 tons/year) PP plant restarted. Haitian Petrochemical (200,000 tons/year) PP plant is shut down for maintenance. The daily production ratio of extrusion grade dropped by 0.72% to 19.97%.
③、
2 Spot Market Overview
|
|
5 |
5 |
|
|
|
|
9462 |
9424 |
-38 |
-0.40% |
|
|
9504 |
9448 |
-56 |
-0.59% |
|
|
9432 |
9367 |
-65 |
-0.69% |
|
|
9662 |
9633 |
-29 |
-0.30% |
|
|
9383 |
9378 |
-5 |
-0.05% |
|
|
9215 |
9201 |
-14 |
-0.15% |
|
|
9180 |
9167 |
-13 |
-0.14% |
|
|
||||
|
BOPP |
10500 |
10500 |
0 |
0.00% |
。
|
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|
|
|
|
|
|
|
3
|
|
|
|
|
|
|
|
Data Source: Longzhong Information |
4 Production Dynamics
Polypropylene The capacity utilization rate fell from 66.32% yesterday to 65.61%, a decrease compared to yesterday. An increase of 101.49 yuan/ton on 89.50 yuan/ton 。
|
Figure 5: Trend of Domestic Polypropylene Capacity Utilization Rate |
Figure 6 Profit and Price Trend Chart of Domestic Polypropylene (Unit: RMB/ton) |
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5 Market Sentiment
6 , Price Prediction
7
|
|
5 |
5 |
|
|
|
|
9670 |
9540 |
-130 |
-1.34% |
|
|
3100 |
3100 |
0 |
0.00% |
|
|
9460 |
9420 |
-40 |
-0.42% |
8
|
|
|
|
|
|
|
|
PP |
|
75.29 |
↑ |
|
|
|
PP |
|
0.6594 |
↑ |
% |
|
|
PP |
|
27.636 |
↓ |
|
|
|
|
|
68.08 |
↑ |
|
|
|
|
|
-11.99 |
↑ |
|
|
|
|
|
2278.4 |
↓ |
|
|
|
PDH |
|
-1219.77 |
↑ |
|
|
|
PP |
|
-808.19 |
↑ |
|
|
|
PP |
|
54.79 |
↓ |
|
|
|
1 2 |
|||||
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