Brief description of Sinochem abshd warehouse rece

2022-08-07
  • Detail

On December 2, China plastics ABS and HD warehouse receipts were briefly introduced

I. Market Overview:

today, China plastics ABS warehouse receipts only made small orders, and there was no transaction

there was no transaction in the sinoplastics HDPE warehouse receipt today

II. Comprehensive comments:

yesterday, WTI crude oil in the New York Mercantile Exchange sensor was generally resistance strain gauge futures exchange, which fell $5.15/barrel to $49.28/barrel, and Brent crude oil fell $5.52/barrel to $47.97/barrel

no consensus was reached in OPEC negotiations in Cairo, and whether the OPEC meeting in December will reduce production has also become a suspense. In addition, the sharp decline of US stocks reflects that it is difficult for the economy to recover in the short term. On Monday, the crude oil futures in Europe and the United States plummeted again to below $50 a barrel, a new low in three and a half years. At the close of Monday, the January futures of West Texas light oil on the New York Mercantile Exchange were $49.28 a barrel, down $5.15 from the previous trading day, the lowest level since may23,2005, with a trading range of 49 $62; London Intercontinental Exchange Brent crude oil January futures traded at $47.97 a barrel, down $5.52 from the previous trading day, with a trading range of 47 USD

the ps/abs market in Yuyao plastic city is still declining slightly. It is difficult to start the downstream without expanding the configuration, and the demand is not high. As a result, China Zhongwang has also launched technical cooperation with Volvo and BYD in the overall market n - the total number of revolutions of the disc during the experiment (5000 revolutions); The market is in the doldrums. Traders mainly carry out cash out of shipments, and there is a certain margin of preference for actual goods. Due to the poor prosperity of downstream factories, the intention of receiving goods is relatively weak, so they use it now and buy it now. At present, the latest mainstream quotation of domestic ABS is yuan/ton, and the mainstream quotation of imported ABS is yuan/ton. The mainstream quotation of GPPS is yuan/ton, and that of hips is yuan/ton

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