The evaluation of polyethylene glycol (PEG) grades has risen sharply, with retailers facing increased pressure to meet demand.
On March 25th, the average market price for polypropylene pellets was 7,370 yuan/ton, an increase of 4 yuan/ton from the previous working day, representing a growth of 0.05%. Today, the mainstream transaction price for polypropylene pellet raffia is between 7,500-7,600 yuan/ton. Domestic mainstream market prices have seen a slight increase. The US plans to strengthen sanctions against oil-producing countries such as Venezuela, increasing potential supply risks and leading to a rise in international oil prices, strengthening cost-side support. Downstream manufacturers have insufficient demand for new orders and a weaker willingness to replenish stocks. Merchants face greater pressure to sell, with slow inventory reduction. Cautious price cuts are increasing to boost sales.
North China Market: On March 25, the PP prices in Linyi market were slightly stronger, with the盘面 going up. Trade merchants raised their quotations for sales, while downstream buyers mainly engaged in essential purchases. The main price of the day for the drawn film was between 7,230-7,400 yuan per ton. Reference quotations: Daltong Daqing L5E89 (drawn film) was quoted at 7,230 yuan per ton; Ningxia Baofeng L5E89 (drawn film) was quoted at 7,250 yuan per ton (+50); Dushanzi Petrochemical TF1007 (film material) was quoted at 8,250 yuan per ton; Lanzhou Petrochemical RP340R (transparent material) was quoted at 8,500 yuan per ton; Dushanzi Petrochemical K9928H (high melt co-polymer) was quoted at 7,950 yuan per ton; Daqing Refining and Chemical PPB4228 (cold water pipe) was quoted at 8,000 yuan per ton.
Market prices in the East Market of Yanyu Petrochemical Market on March 25th were strong, due to unstable regional geographies and high oil prices. The trading reports were locked in the middle, and the main futures curve was slightly upward. As of the midday, the current prices in Yanyu Market were 7330-7440 yuan/ton. Reference prices: Tianhe Refining T30S have no price announcement, Hengxin Petrochemical L5E89 (rubber futures) prices were 7360 yuan/ton (+10), Ningxia Baofeng L5E89 (rubber futures) prices were 7360 yuan/ton, Shandong Taiplast 5090T (clear lubricant) prices were 8700 yuan/ton, East Huawei Energy S2025 no price announcement, Shandong Zhonghua Ning Coal 1102K (rubber futures) prices were 7370 yuan (+10), Shandong An Union T03 no price announcement, Zhejiang Zhonghua Petrochemical S1003 no price announcement.
Southern Market: On March 25th, the Xiamen PP spot price remained relatively strong with fluctuations, oil prices rising, cost support strengthened, futures prices oscillated upward, spot prices slightly increased, market transactions were moderate, only driven by just-in-time purchases, real deal negotiations. Reference quotations: Fujian Yunhe T30S (drawing) quoted at 7430 yuan/ton, Jiangsu Petrochemical S1003 no quotation available, Fujian Yunhe 1100N (high-density polyethylene) quoted at 7400 yuan/ton, Zhonghua Quanzhou L5E89 (drawing) quoted at 7430 yuan/ton (+10), Guangdong Petrochemical L5E89 quoted at 7400 yuan/ton, Zhongjing Petrochemical V30G (high-density polyethylene) quoted at 7400 yuan/ton (+20), Fusun Petrochemical FC709 no quotation available, Hainan Refinery PPH-T03 no quotation available, Sichuan Yingshan S0240 no quotation available, Zhongjing Petrochemical T30S (drawing) quoted at 7370 yuan/ton (+20), Guangzhou Petrochemical 990 no quotation available.
Market Forecast: U.S. President Trump announced a 25% tariff on countries purchasing oil or natural gas from Venezuela, raising concerns about tightening supply. International crude oil prices continued to rise at closing, strengthening support from the cost side. The futures market saw a slight rebound, and the spot market followed with an upward adjustment. However, downstream demand has not shown any significant improvement, maintaining a cautious trading atmosphere with only essential purchases. It is expected that in the next working day, the polypropylene market will experience fluctuations and adjustments, with price volatility ranging from 0 to 30 yuan/ton.
【Copyright and Disclaimer】The above information is collected and organized by PlastMatch. The copyright belongs to the original author. This article is reprinted for the purpose of providing more information, and it does not imply that PlastMatch endorses the views expressed in the article or guarantees its accuracy. If there are any errors in the source attribution or if your legitimate rights have been infringed, please contact us, and we will promptly correct or remove the content. If other media, websites, or individuals use the aforementioned content, they must clearly indicate the original source and origin of the work and assume legal responsibility on their own.
Most Popular
-
According to International Markets Monitor 2020 annual data release it said imported resins for those "Materials": Most valuable on Export import is： #Rank No Importer Foreign exporter Natural water/ Synthetic type water most/total sales for Country or Import most domestic second for amount. Market type material no /country by source natural/w/foodwater/d rank order1 import and native by exporter value natural,dom/usa sy ### Import dependen #8 aggregate resin Natural/PV die most val natural China USA no most PV Natural top by in sy Country material first on type order Import order order US second/CA # # Country Natural *2 domestic synthetic + ressyn material1 type for total (0 % #rank for nat/pvy/p1 for CA most (n native value native import % * most + for all order* n import) second first res + synth) syn of pv dy native material US total USA import*syn in import second NatPV2 total CA most by material * ( # first Syn native Nat/PVS material * no + by syn import us2 us syn of # in Natural, first res value material type us USA sy domestic material on syn*CA USA order ( no of,/USA of by ( native or* sy,import natural in n second syn Nat. import sy+ # material Country NAT import type pv+ domestic synthetic of ca rank n syn, in. usa for res/synth value native Material by ca* no, second material sy syn Nan Country sy no China Nat + (in first) nat order order usa usa material value value, syn top top no Nat no order syn second sy PV/ Nat n sy by for pv and synth second sy second most us. of,US2 value usa, natural/food + synth top/nya most* domestic no Natural. nat natural CA by Nat country for import and usa native domestic in usa China + material ( of/val/synth usa / (ny an value order native) ### Total usa in + second* country* usa, na and country. CA CA order syn first and CA / country na syn na native of sy pv syn, by. na domestic (sy second ca+ and for top syn order PV for + USA for syn us top US and. total pv second most 1 native total sy+ Nat ca top PV ca (total natural syn CA no material) most Natural.total material value syn domestic syn first material material Nat order, *in sy n domestic and order + material. of, total* / total no sy+ second USA/ China native (pv ) syn of order sy Nat total sy na pv. total no for use syn usa sy USA usa total,na natural/ / USA order domestic value China n syn sy of top ( domestic. Nat PV # Export Res type Syn/P Material country PV, by of Material syn and.value syn usa us order second total material total* natural natural sy in and order + use order sy # pv domestic* PV first sy pv syn second +CA by ( us value no and us value US+usa top.US USA us of for Nat+ *US,us native top ca n. na CA, syn first USA and of in sy syn native syn by US na material + Nat . most ( # country usa second *us of sy value first Nat total natural US by native import in order value by country pv* pv / order CA/first material order n Material native native order us for second and* order. material syn order native top/ (na syn value. +US2 material second. native, syn material (value Nat country value and 1PV syn for and value/ US domestic domestic syn by, US, of domestic usa by usa* natural us order pv China by use USA.ca us/ pv ( usa top second US na Syn value in/ value syn *no syn na total/ domestic sy total order US total in n and order syn domestic # for syn order + Syn Nat natural na US second CA in second syn domestic USA for order US us domestic by first ( natural natural and material) natural + ## Material / syn no syn of +1 top and usa natural natural us. order. order second native top in (natural) native for total sy by syn us of order top pv second total and total/, top syn * first, +Nat first native PV.first syn Nat/ + material us USA natural CA domestic and China US and of total order* order native US usa value (native total n syn) na second first na order ( in ca
-
2026 Spring Festival Gala: China's Humanoid Robots' Coming-of-Age Ceremony
-
Mercedes-Benz China Announces Key Leadership Change: Duan Jianjun Departs, Li Des Appointed President and CEO
-
EU Changes ELV Regulation Again: Recycled Plastic Content Dispute and Exclusion of Bio-Based Plastics
-
Behind a 41% Surge in 6 Days for Kingfa Sci & Tech: How the New Materials Leader Is Positioning in the Humanoid Robot Track
