Today's plastic marketweak fluctuations! pe and pp drop across the board, eva rises against the trend, pc falls by up to 200

Summary: On July 16, a summary of the prices and forecasts for general-purpose and engineering plastics in the market. Most general-purpose materials showed a downward trend, with PE market confidence lacking, falling by 15-29; PP lacked driving force, declining by 2-20; PVC inquiries were dull, dropping by 10-50; PS continued to decline, down by 10-50; ABS transactions were weak, decreasing by 30-60; EVA suppliers controlled the volume of shipments, with prices rising against the trend by 50-100. Engineering materials showed a steady downward trend, with PC weakly oscillating, up or down by 50-200; PBT and PA6 operated weakly, with some dropping by 100; PET, PMMA, POM, and PA66 remained stable.

General Material

PE: Market confidence is insufficient, prices are declining.

1. Today's Summary

1. The U.S. sanctions plan against Russia will not be implemented in the short term, and coupled with OPEC+ continuing to increase production, international oil prices have fallen. NYMEX crude oil futures for the August contract are at $66.52, down $0.46 per barrel, a decrease of 0.69%; ICE Brent crude futures for the September contract are at $68.71, down $0.50 per barrel, a decrease of 0.72%.

The price change range for the HDPE market is -24 to -15 yuan/ton, the LDPE market price is -29 yuan/ton, and the LLDPE market price is -15 yuan/ton.

2. Spot Overview

The market's bearish atmosphere has not changed, and under the characteristics of off-season consumption, inventory pressure is increasing, while the market's price reduction and inventory reduction actions are suppressing the market. As prices continue to decline, transactions have slightly improved. The price change range for the HDPE market is -24 to -15 yuan/ton, the market price for LDPE is -29 yuan/ton, and the market price for LLDPE is -15 yuan/ton.

3. Price Prediction

In the short term, regarding costs, there is an expectation for a decline in crude oil prices, which will weaken cost support; in the short term, the LDPE facility in Zhejiang Petrochemical and the LLDPE facility in Shanghai Secco will gradually resume operations, leading to a recovery in market supply. The demand in the agricultural film sector in North China is limited, and the overall supply-demand conflict remains unresolved, so polyethylene prices are still expected to operate weakly. Tomorrow The market price of polyethylene is mainly experiencing a slight decline.

PP: The market lacks obvious driving forces, and polypropylene prices fluctuate weakly.

1 Today's summary

①、 Sinopec Central China PP part adjustment: Sino-Korean low melt copolymer down 70 to 7130; high melt down 50 to 7350; Changling drawn wire and thin wall down 50, drawn wire 7000, thin wall 7300.

②、 Today, the domestic polypropylene shutdown rate remains unchanged from yesterday at 15.86%. The daily production share of yarn has increased by 0.10% from yesterday to 25.81%, while the daily production share of low melt copolymer has decreased by 1.42% from yesterday to 7.92%.

③、 (The supply and demand balance for this period from July 4 to July 10, 2025, remains in a situation where supply exceeds demand.) ， The supply-demand gap remains positive but has slightly decreased, which has somewhat alleviated the negative impact on market sentiment. In the next phase, the supply-demand balance is expected to expand its surplus, which is anticipated to intensify the negative impact on prices.

2 Spot Overview

Table 1 Domestic Polypropylene Price Summary (Unit: Yuan/Ton)

Data source: Longzhong Information

Based on the East China region, today's polypropylene filament is priced at 7091 yuan/ton, a decrease of 2 yuan/ton compared to yesterday. The national average price for filament is 7109 yuan/ton, down 11 yuan/ton from yesterday, which aligns with morning expectations.

Today, the futures market is fluctuating at a low level, with some drops of 10-50 yuan/ton. The market sentiment remains bearish, and traders are offering discounts, leading to a downward shift in the spot prices. The low prices are stimulating buying interest from downstream, and the trading atmosphere in the market is still acceptable. As of noon, the mainstream price for wire rods in East China is between 7020-7160 yuan/ton.

3 Price prediction

The production capacity of polypropylene continues to expand. Increasing supply pressure Market participants lack confidence in the future, and traders are primarily focused on reducing inventory by offering discounts for sales. The ongoing weakness in demand makes it difficult for the market to generate effective upward momentum, resulting in a lack of active market atmosphere. It is expected that the polypropylene market will continue to operate in a weak manner tomorrow, with mainstream prices for wire drawing in East China fluctuating around 7000-7150 yuan/ton, with a focus on changes in the cost and supply sides.

PVC: PVC inquiries are sluggish, and the price trend is weak.

1. Today's Summary

The mainstream ex-factory price of domestic PVC production enterprises using the calcium carbide method has been adjusted down by 20-50 yuan/ton.

The maintenance at the Fujian Wanhua plant has been gradually completed.

New approach to urban work determined: demolition and reconstruction "makes way for" urban renewal.

2 Spot Overview

Table 1 Summary of Domestic PVC Spot Prices (Yuan/Ton)

Based on the Changzhou market in East China, today the cash price for calcium carbide method five in the East China region is 4840 yuan/ton, a decrease of 10 yuan/ton compared to the previous trading day. 。

The domestic PVC spot market remains subdued, with a clear contradiction between the expected increase in market supply and the lackluster terminal demand. The overall sentiment in the spot market is not optimistic, and the market is expected to maintain a weak state in the short term. In East China, the cash price for carbide-based PVC is between 4800-4920 yuan/ton, while for ethylene-based PVC it is between 4850-5100 yuan/ton.

3 、Price forecast

During the week, maintenance schedules for PVC production enterprises have weakened, coupled with new production capacity starting trial runs, leading to a slight increase in market supply expectations. However, demand from downstream is affected by the off-season due to the heat and rainy season, resulting in a lack of orders and inquiries. Exports are also subdued as the market awaits next month's new pricing and developments regarding India's anti-dumping policies. Under the contradiction between supply and demand, market sentiment is weak, causing spot prices to fluctuate downward. In the short term, there are no policies or market expectation data to drive changes, with the anticipated cash price for calcium carbide method five-type in East China expected to be 4750-4850 yuan/ton.

PS: The market continues to decline, and trading is very sluggish.

1 Today's Summary

Today, the price of East China GPPS dropped by 100, closing at 7850 yuan/ton.

On Wednesday, styrene in the East China market rose by 5 to 7485 yuan/ton, while in South China it fell by 25 to 7565 yuan/ton, and in Shandong it dropped by 80 to 7560 yuan/ton.

2 Spot Overview

Table 1 Domestic PS Price Summary (Unit: Yuan/Ton)

According to statistics from Longzhong Information, today the GPPS in East China is stable at 7,850 yuan/ton.The raw material styrene is weakly consolidated, with general cost support. The industry's capacity utilization rate is relatively low, but downstream demand is sluggish, resulting in a slow circulation of market supplies and poor transaction performance.

3 Price prediction

Recently, the raw material styrene has fluctuated and declined, with weakened cost support. Industry supply is low, and downstream purchasing mainly remains on a just-in-need basis, leading to a weak price trend in the PS market in the short term. It is expected that the price of toluene in the East China market will be around 7800-8800 yuan/ton.

ABS: Demand off-season, today's market transactions are weak.

1 Today's summary:

1. Today, the prices in the East China market have slightly dropped; in the South China market, prices are declining, and market transactions are driven by just the basic need.

In July, the monthly production of ABS is expected to increase compared to the previous month.

2 Spot Overview Table 1 Domestic ABS Price Summary (Unit: Yuan/Ton)

Based on the regions of Yuyao and Dongguan, the market prices in East China are declining, and the market prices in South China are also declining. Today, the market transactions are very weak, with a sluggish demand season. Traders are offering discounts to sell their goods, and the market performance is lackluster.

3 Price Prediction:

Based on the regions of Yuyao and Dongguan, the market prices in East China have slightly declined, and the market prices in South China have slightly declined. Today, the market transaction is weak, and prices are on the decline. With the demand in the off-season and raw material prices dropping, it is expected that ABS prices will continue to fall tomorrow.

EVA: Supplier controls quantity for shipment, market quotations push up prices.

1 Today’s summary

This week, the EVA petrochemical ex-factory prices have been stable with a downward adjustment, and there are fewer auctioned goods available, with some soft material grades still experiencing tight spot supply.

This week, the EVA petrochemical unit has been operating stably.

2. Spot Overview

Table 1 Domestic EVA Price Summary (Unit: Yuan/Ton)

Today, the domestic EVA market reports a firm upward trend. Some grades of foamed soft materials are experiencing tight spot supply, with suppliers controlling the quantity of shipments. Additionally, delays in shipping in certain regions have contributed to the tight spot market. Holders are adjusting their prices upwards while maintaining stability, but downstream factories are resistant to high prices and transactions are still acceptable around lower price levels. Mainstream prices: soft materials reference 9,600-10,300 yuan/ton, hard materials reference 9,500-10,500 yuan/ton.

3 Price prediction

In the short term, the supply side of the petrochemical spot supply is slightly tight for some foaming grades, while the photovoltaic inventory is mostly under no pressure. Suppliers are actively pushing prices up, and photovoltaic demand is progressing step by step. The foaming demand is in the off-season, and downstream factories are unlikely to have good order expectations. The supply and demand situation still remains in a tug-of-war. It is expected that the domestic EVA market will maintain a firm and stable trend in the near future. 。

Engineering materials

PC: The market is weak and fluctuating.

1 Today's summary

Tuesday International crude oil Downward ， ICE crude oil futures for the September contract are at $68.71, down $0.50 per barrel.

②、 Bisphenol A closing price in the East China market is 7875. Yuan/ton, remaining stable month-on-month.

③, Domestic PC factories have no latest factory price adjustment dynamics.

2 Spot Overview

Today, the domestic PC market is operating in a narrow range at a low level. As of the afternoon close, the mainstream trading reference for low-end injection molding grade materials in East China is 10,350-13,900 yuan/ton, while mid-to-high-end materials are trading at 14,700-15,300 yuan/ton. Some mid-to-low-end material prices have decreased by 100-200 yuan/ton compared to yesterday. Domestic PC factories have no new factory price adjustment updates, and the online listed prices from Shandong PC factories remain stable compared to yesterday. In the spot market, both East China and South China are experiencing weak consolidation at low levels, with little fluctuation in the fundamentals. Overall bearish pressure remains, and market sentiment is cautious and difficult to uplift. Observing and following operations continue, with downstream purchasing on an as-needed basis being sparse, and the trading atmosphere remains quiet.

3 Price prediction

Despite the fact that domestic PC prices are further approaching historical lows, the negative pressure on the industry has not diminished: the overall supply in the industry remains high, and affected by the traditional consumption off-season in July, downstream demand is generally weak, leading to an increasingly severe oversupply situation. Market trading conditions are difficult to improve, and the outlook remains cautious and bearish. It is expected that the domestic PC market will continue to fluctuate downward tomorrow.

PET: Polyester bottle chip market in a stalemate and consolidation

1 Today's Summary

1. Wankai lowered by 20, China Resources increased by 10, other factories remained stable. Unit: Yuan/Ton

Today, the domestic polyester bottle chip capacity utilization rate is 71.19%.

2 Spot Overview

Table 1 Domestic Polyester Bottle Chip Price Summary (Unit: Yuan/Ton)

Based on the East China region, today's spot price for polyester bottle-grade chips is 5925, unchanged from the previous working day, basically in line with morning expectations.

Crude oil continues to decline, raw material prices are fluctuating in a range, and most polyester bottle chip factories are holding their prices steady, with some adjusting by 10-20. The spot price for July cargo is 6010, and for August cargo, it is 5960-6000. The market is in a stalemate. It is heard that the transaction prices for July-August cargo are between 5850-5930, with downstream purchasing interest being weak and trading being light. Unit: Yuan/ton

3. Price Prediction

Current market sentiment for goods is cautious and observing, with support from the raw material side continuously weakening. Although spot supply is ample, downstream purchasing willingness is low, resulting in light market trading. In the short term, the polyester bottle chip market is likely to maintain a weak and volatile trend, with the spot price expected to be 5850-5950 (unit: yuan/ton) in the East China market tomorrow.

POM: Market sales are slow, and trading activity is light.

1. Today's Summary

The industry's shipments are under pressure.

There are many low-priced market quotes.

2 Spot Overview

Table 1 Domestic POM Price Summary (Unit: Yuan/Ton)

Based on the Yuyao region, today YunTianHua M90 is priced at 11,300 yuan/ton, stable compared to the previous period.Today, the POM market is generally stable with slight declines. There is no support from the fundamentals, and some factory prices are at low levels, putting significant pressure on operators. The market's sales situation continues to be weak, and there is little change in transaction activity.

3. Price Prediction

Affected by the traditional demand off-season market, the transaction situation in various regions is unlikely to change significantly. Given that the petrochemical plant prices are at a low level, the downward space in the later market is limited. However, there are still some short-selling behaviors in the market, and the trading merchants' quotation focus will continue to decline. The pace of end-user orders is slow, and users' mentality towards taking over is relatively cautious, resulting in overall poor transactions. Longzhong expects that the domestic POM market will operate weakly in the short term.

PMMA: The PMMA market operates steadily with low demand.

1 Today's Summary

Today, the factory's quotes are stable.

The utilization rate of domestic PMMA particles today is maintained at 64%.

2 Spot Overview

Based on the East China region, today's PM MA particles closed at 13,200 yuan/ton, unchanged from the previous working day, in line with morning expectations.Today, the domestic PMMA market is stable with slight fluctuations. The cost of MMA is weakly declining, providing limited support to the PMMA market. A small number of downstream companies are making inquiries based on demand, but actual transactions remain sluggish. There is pressure on suppliers to sell their inventory, and low-priced sources are occasionally reported in the market. The focus of actual trading is on a weak and fluctuating trend.

3 Price prediction

The intraday cost side is fluctuating downward, coupled with persistently weak demand, making it difficult for the terminal to see significant improvement. PMMA manufacturers still have intentions to lower prices in the future, and traders are mostly observing, with low willingness to hold positions.

PBT: There is a limited supply of high-priced materials, and the PBT market is operating weakly.

1 Today's summary

PBT manufacturers' quotes remain stable.

This week, there are more repairs and load reduction operations for the PBT equipment.

The PBT production for this period is 21,900 tons, remaining stable compared to the previous period, with a capacity utilization rate of 51.49%, also remaining stable compared to the previous period.This week, the average PBT gross profit in the domestic market is -322 yuan/ton, an increase of 42 yuan/ton compared to the previous week. 。

2 Spot Overview

Table 1 Domestic PBT Price Summary (Unit: Yuan/Ton)

Based on the East China region, the mainstream price of medium and low viscosity PBT resin today is 8100-8400 yuan/ton, a decrease of 100 yuan/ton compared to yesterday's price. Today, the PBT market is running weak, the PTA market is adjusting prices, and the BDO market is operating steadily. The trend of raw materials is weak, and there is a strong bearish sentiment in the PBT market, with fewer high-priced sources available in the market. ， According to statistics from Longzhong Information, the price of low to medium viscosity PBT pure resin in the East China market is between 8100 and 8400 yuan per ton.

3 Price prediction

The PBT market is expected to remain weak and cautious. On the raw material side, the PTA cost is showing a benign situation, but both supply and demand are weak, leading to a continued stalemate in the short-term PTA futures and spot markets. As the BDO settlement period approaches, market participants are paying more attention to the new policy cycle. With increasing supply and demand pressures, some holders are shifting to a bearish mindset and adopting a narrow profit margin strategy for sales, which may drag down the market’s focus and cause fluctuations. There are expectations of weakening raw materials, and PBT producers generally hold a pessimistic outlook for the future market. The mentality of buying on the rise and not on the fall has led to limited trading volume, with a potential for further weakening in market focus. Therefore, Longzhong expects that tomorrow, the mid-to-low viscosity PBT resin in the East China market will be priced between 8100-8400 yuan/ton.

PA6: Downstream sentiment is cautious with limited demand, and the PA6 market is operating in an adjustment phase.

1 Today's Summary

The weekly settlement price for Sinopec caprolactam is 9,095 yuan/ton (six months acceptance interest-free), down 65 yuan/ton from last week.

Sinopec's pure benzene prices at refineries in East China and South China have increased by 100 yuan/ton, now set at 5950 yuan/ton, effective from July 11.

2 Spot Overview

Table 1 Summary of Domestic Nylon 6 Prices (Unit: Yuan/Ton)

Today, the nylon 6 market is operating with adjustments. The raw material market has seen a slight increase, putting pressure on chip costs. However, downstream enterprises are cautious, and demand is generally moderate, with purchasing mainly focused on just-in-time replenishment. Overall market transactions are average. In East China, the price for conventional nylon 6 is 9,150-9,500 yuan/ton cash on delivery, while the spot price for high-speed spinning is 9,800-10,000 yuan/ton on acceptance for delivery. The price in Chao Lake is 8,500-8,600 yuan/ton for cash and self-pickup.

3 Price prediction

From the cost perspective, the caprolactam market may continue to operate in a range, as the cost pressure from chips remains. On the supply and demand side, the operating rate of domestic polymerization enterprises is temporarily stable, and supply is stable. However, the cautious sentiment from downstream leads to generally weak demand. It is expected that the PA6 market will operate in a range in the near term.

PA66: Downstream procurement based on demand, market operating in an orderly manner.

1 Today's summary

1. Longzhong 7/15: The U.S. sanctions plan against Russia will not materialize in the short term, coupled with the ongoing increase in OPEC+ production, leading to a decline in international oil prices. NYMEX crude oil futures for August contract are at $66.52, down $0.46 per barrel, a decrease of 0.69%; ICE Brent oil futures for September contract are at $68.71, down $0.50 per barrel, a decrease of 0.72%. China's INE crude oil futures main contract 2509 dropped by 2.6 to 509.3 yuan per barrel, and in the night session, it fell by 3.7 to 505.6 yuan per barrel.

Today, the domestic PA66 capacity utilization rate is 57%, with a daily output of approximately 2,188 tons. Under the pressure of costs and demand, domestic PA66 enterprises have low capacity utilization rates, and the downstream demand is average, leading to a sufficient supply of goods in the domestic PA66 industry.

2 Spot Overview

Table 1 Domestic PA66 Price Summary (Unit: Yuan/Ton)

Based on the Yuyao market in East China, today's market price for EPR27 is referenced at 15,700-15,800 yuan/ton, stable compared to yesterday's price. 。 Raw material prices are fluctuating within a narrow range, with stable support from costs. Downstream purchases are made based on demand, and the market supply of goods is sufficient, leading to a steady market operation.

3 Price prediction

The terminal market demand is generally low, with downstream procurement based on demand. The supply of goods in the market is sufficient, and the fundamentals are relatively stable. It is expected that the domestic PA66 market will remain stagnant and consolidated in the short term.