The hottest November 18 China Plastics spot ABS ma

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On November 18, the China Plastics price index rose 4.66 points to 771.91 points, and the China Plastics spot index rose 6.33 points to 937.78 points

I. upstream express:

WTI crude oil on the New York Mercantile Exchange fell $2.09/barrel to $54.95/barrel today, and Brent crude oil fell $1.93/barrel to $52.31/barrel

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II. Manufacturer dynamics:

although the price rose in November, due to lack of confidence in the future market, can you spend less money in December and the first revision month of 1999? Cargo prices remained stable. It is reported that in November, the shipment offer rose to 640 US dollars/ton FOB Rotterdam, but the buyer's exchange price was basically below 600 US dollars, while the delivery delay fee in December and January was widened to US dollars/ton. However, market participants pointed out that the barrel loading of styrene in November was very limited, which reflected the weak demand in November on one side. Not necessarily. At present, there is still a relatively healthy price difference between styrene and pure benzene (239 US dollars/ton), while the price difference between pure benzene and naphtha is only 40 US dollars/ton, and pure benzene is facing cost pressure

US styrene spot closed steady on Monday 5 US dollars/ton FOB Gulf, but the seller's offer is not strong. Some holders said that the current market direction is still uncertain, and the buyer's intention is weak

III. local market conditions:

the latest reference quotation of Changzhou Xinhu ABS, and the reference price of ac800 is 11000 yuan/ton. Recent poor sales and normal inventory. The offer of ac-800 in East China is about 11200 yuan/ton. The operating rate of the device is basically normal

CNPC East China ABS has a small supply. The reference ex warehouse price of 0215a is 11000 yuan/ton, and the reference ex warehouse price of 750A is 10800 yuan/ton. 301 the ex warehouse price is 11100 yuan/ton, and the recent sales are average

the public quotation of Ningbo Taihua ABS stabilized, with 15a1 reference to the ex factory quotation of 12400 yuan/ton, 12a1 reference to the ex factory quotation of 12400 yuan/ton, and 15e1 reference to the ex factory quotation of 12200 yuan/ton. The actual settlement is slightly preferential. The recent sales are general, the inventory is normal, and the operating rate of the device is 50%

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