In the current period, the long and short sides of the plastics market continued to play, and the shorts took the upper hand. The traders' enthusiasm for trading was average, and the intraday trading volume was small. As of the closing of the period, the plastics price index of China Plastics was reported at 1209.41 points, down 21.28 points from the previous period.
PVC low shock domestic PVC futures low shock, bad market participants mentality, low-cost supply frequently. The disk hollow head strong pressure, the bulls have collapsed. As of the end of the closing, July SG-5 variety South China settlement price reported 6900 yuan (ton price , the same below), down 190 yuan; East China settlement price reported 6855 yuan, down 150 yuan; North China settlement price reported 6780 yuan, down 125 yuan; Northwest settlement price reported 6555 yuan, down 145 yuan. Ethylene method DG-1000K variety settlement price Reported 7120 yuan, down 100 yuan. Fundamentally, since Inner Mongolia carried out environmental protection inspections 'look back', the semi-enclosed and open small calcium carbide furnaces in the northwestern region have more parking, and there is certain uncertainty in future supply. Domestic PVC futures continue Weak, PVC manufacturers adjust their quotations according to their own shipments. Among them, the central and eastern small and medium-sized enterprises have accumulated a certain amount of inventory, and the ex-factory price has fallen faster. The spot market has gradually slowed down, and spot-price transactions have caused significant impact on market prices. The price center of gravity has been dragged down sharply in some areas. The downstream is in the off-season of demand, while the high temperature and rainy weather in summer is increasing, and the starting load is small, which is not conducive to the digestion of goods. Demand is affected by the recent macro The performance of the face is not good, the participants' enthusiasm for operation is not high, and it is expected that the PVC market will be dominated by shocks.
PP continued to decline in the current period, the futures disk continued to fall, forming a certain impact on the business mentality. As the actual demand is difficult to improve, petrochemical inventories have not been effectively consumed, the overall inventory rose slightly. As of the end of the closing, July South China S1003 variety settlement price reported 9355 yuan, The decline of 100 yuan. In this issue of Sichuan Petrochemical, Fujian United Second Line, Yanshan Petrochemical three-line installation resumed driving, coupled with other enterprises without maintenance plans, the market supply of goods has increased. From the demand point of view, the downstream factory operating rate has not changed significantly from the previous period. As the finished product inventory continues to accumulate, the factory production enthusiasm is difficult to substantially improve, the actual demand has not improved, and the PP market is expected to continue to fall slightly.
LLDPE weakly adjusted the petrochemical inventories in this period is at a high level, the market waits and sees a strong atmosphere, demand growth is slow, inventory pressures increase. In addition, the intraday trading futures volatility weakened, and some petrochemical manufacturers continue to cut prices, the spot market is short, and the merchants are accompanied by the decline. At the end of the period, the settlement price of South China DFDA-7042 was reported to be 9300 yuan, down 50 yuan. The loss of maintenance will continue to decrease next week, and the import volume is expected to decline, but the port inventory is still high. The overall demand for downstream demand has not changed much. The terminal is more cautious, and the support for the market is limited. It is expected that the LLDPE market will be weakly adjusted.