PP powder

Today, the price of domestic polypropylene powder market is stable and strong, and the price center is 30-50 yuan/ton higher than that of last Friday. The main trend of polypropylene today is relatively strong, which has to some extent boosted the market atmosphere. With the rise of propylene monomer prices and high cost pressure, some powder manufacturers have reported an increase in prices. Downstream factories’ demand has not improved significantly, and they mainly need to restock on dips. The overall trading atmosphere in the market is flat, with real price negotiations being the main focus. Today, the mainstream price of PP powder in North China is between 7450 and 7500 yuan/ton, the mainstream price in East China is between 7350 and 7400 yuan/ton, and the mainstream price in South China is between 7850 and 7900 yuan/ton.

Prediction: Today, the main polypropylene futures market has risen in a narrow range, which has to some extent boosted the market atmosphere. Moreover, under high cost pressure, some powder manufacturers have reported an increase in prices, and powder prices are stable and rising today. Looking ahead, the high cost pressure of powder materials may continue to exist, providing significant support for the powder market. However, the follow-up level of downstream factory demand is unknown, and the rise in powder prices may be difficult to sustain. Based on the above, Zhuochuang Information expects that the market price of polypropylene powder will be stabilized in the future.

PVC powder

Today, the atmosphere in the domestic PVC market is calm, and the mainstream trading range has slightly moved up. In East China, the price center of PVC market of calcium carbide method moved up slightly, and the futures market fluctuated slightly. However, the support for spot goods was limited. The market offered both a buy it now price and a point price. Most of the downstream companies replenished goods in a moderate amount last week. Today, the enthusiasm for inquiry and purchase was not high, and the overall trading was tepid. Today, the comprehensive evaluation of the mainstream trading range of the East China 5 spot exchange warehouse is between 5960-6050 yuan/ton, with even lower and higher prices. East China ethylene method PVC narrow width finishing, with average delivery. Delivered to Changzhou Qilu 1000 model for reference at 6150 yuan/ton, Liancheng reference at around 6220 yuan/ton, and Formosa Plastics reference at 6400-6450 yuan/ton.

Forecast: PVC futures fluctuated slightly today, with mainstream spot trading prices slightly moving up, but trading was light. The centralized maintenance of the PVC supply side is gradually being fulfilled, and there is a lack of bright spots in demand. Inventory expectations have been slightly reduced, and fundamentals have improved marginally. However, the absolute inventory level is still high, and the cost side is moving downwards. Participants lack confidence, and it is expected that the PVC market will continue to experience narrow fluctuations in the short term. Tomorrow, the main trading range of the East China SG-5 may be between 5950 and 6100 yuan/ton.

BOPP

Today, the low transaction price in the BOPP market has been explored, and new orders have remained in demand. The mainstream of thick film in the East China market is 9000-9300 yuan/ton, which is 50 yuan/ton higher than the previous trading day, 50 yuan/ton lower than the same period last month, and 1750 yuan/ton lower than the same period last year; 9100-9300 yuan/ton in North China; South China 9050-9300 yuan/ton.

Forecast: Overnight crude oil prices will rise and decrease after intraday consolidation; PP futures fluctuate upwards, spot prices narrow range consolidation, BOPP enterprise quotes mostly remain stable, and actual transactions focus on negotiation; The BOPP market just needs to have a certain volume of transactions, and the overall volume has decreased compared to the previous trading day. Most of the outstanding orders of BOPP enterprises are within a week, and some can reach the end of April. Zhuochuang Information predicts that BOPP will be sorted out tomorrow after its rise, focusing on changes in demand and raw materials. Thick film may be priced between 9000-9300 yuan/ton.