Prices of plastic raw materials in the hottest Asi

2022-08-23
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Prices of plastic raw materials in the Asian market on December 20

unit: USD/ton

date HDPE (thin film grade) LLDPE (thin film grade) HDPE (thin film grade) HDPE (injection grade) PP (homopolymer injection grade)

last week's price 49, except A2, B In addition to the additional classification of smoke producing toxicity of materials, 5.0 427.5 470.0 445.0 447.5

the price of the previous week 500.0 425.0 470.0 445.0 440.0

the price of the previous two weeks 500.0 427.5 470.0 440.0 435.0

the average in November 532.00 463.53 509.00 477.00 469.00

the average in October 587.50 543.13 567.50 543.75 516.25

September average 590.00 565.00 581.25 560.00 513.75

date PS (general grade) PS (high impact grade) ABS (injection grade) PVC (suspension method)

last week's price 480.0 500.0 690.0 400.0

the previous week's price 480.0 500.0 690.0 400.0

the previous two weeks' price 480.0 500.0 715.0 400.0

November average 513.50 530.00 755.00 421.00

October average 550.00 572.50 820.00 471.25

September average 537.50 the government will strengthen investment attraction for major projects 561.25 806.25 481.25

note: all are Southeast Asia (CFR)

the PE market of Asian plastic market is in the off-season, Trading is not brisk. China's announcement to reduce tariffs has not had an impact on the market. The tariff reduction of 1.8% to 14.2% is lower than expected. Some importers had hoped that tariffs would be reduced by at least% to stimulate demand from Chinese buyers. The Southeast Asian market is relatively stable. Trade in Indonesia was halted due to the holiday. Due to sluggish demand, manufacturers reduced the operating rate, which is estimated to be less than 40% in December. However, the competition among manufacturers to seize market share still keeps the price at a low level. PP prices are stable and transactions are almost stagnant. As demand increases and there is no competition for cheap goods, the market price intention increases. Due to the recent tariff reduction in China, the price concept of sellers has risen. The tariff reduction of 6% to 10% is expected to stimulate China's trade volume in January. The purchase interest of domestic dealers in China is indeed on the rise. The Southeast Asian market is affected by the approaching Festival. The demand and price of PS increased, and the seller believed that the price increase would continue until January 2002. Producers said that the rise in prices was supported by the strengthening of styrene monomers, rather than the improvement of China's demand fundamentals. Hong Kong traders have been mobilizing more December goods because they are worried that the price of PS will be higher than expected due to the stronger price of styrene. The buyer thinks the supplier is too optimistic. The price is still flat. In addition, middlemen and buyers have different views on the impact of China's tax cuts on the market. The ABS market is in an uncertain atmosphere. The quotation range is between USD/ton (CFR Northeast Asia). The quotation of Korean goods is at the lower limit of USD/ton (CIF Hong Kong), and that of Taiwan goods is at the higher limit of USD/ton (CIF Hong Kong). The huge price difference of $100/ton between South Korea and Taiwan has cast a layer of uncertainty on the market. Middlemen are paying close attention to the next step of the price and are not in a hurry to quote. PVC Japan's major PVC sellers announced that they would increase their quotation in January to 440 US dollars/ton (CFR). Many P in Asia analyze your situation and translate your needs into specific system requirements. VC devices have reduced the operating rate, and the pressure of vendors is small. But the main middleman experiment frequency: 0.5 (5) Hz; And dealers are not very optimistic about the market. The price intention in January is US dollars/ton (CFR). The domestic PVC price in China remains at RMB/ton (ex works), but the price in the North has declined slightly. PVC tariff will be reduced from the current 16% to 12.8%

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