SunSirs: Shandong Propylene Market Slightly Rose This Week (August 16-20)
Price trend According to data from SunSirs’bulk list, the domestic propylene (Shandong) market price rose slightly this week. The market price was 7,703 RMB/ton at the beginning of the week, and the average price on weekends was 7,748 RMB/ton, an increase of 0.6%. Analysis review According to the price chart of SunSirs, the price of propylene rose slightly…
SunSirs: Crude Oil PTA Plummeted, Polyester Staple Fiber Futures Weakened Last Week
On August 20, the domestic price of polyester staple fiber was 7,206 yuan, down 1.26% from last week. Futures market: On August 20, the PF2109 contract futures price closed at 6896, down 2.02% from Monday’s opening, and the settlement price was 6,890 yuan; the volume was 393,575 lots; the position was 49,910, and the basis was…
SunSirs: DDGS Continued to Rise Last Week (August 16-20)
Last week, domestic DDGS prices ushered in an upward trend. At the beginning of the week, the average market price of domestic DDGS was RMB 2,510/ton, and the average price of domestic DDGS at the weekend was RMB 2,566/ton, an increase of 2.26%. Terminal demand picks up, domestic DDGS market heats up Since August, the domestic DDGS…
SunSirs: After the Big Rise, there may be Consolidation, Cotton Market Fluctuates, Price of 3128B Lint Rose 8.09% Month-on-Month
1. Price quotes On the 16th, the price of 3128B lint was around 18079 yuan/ton, and on the 20th, the price of 3128B lint was around 18510 yuan/ton, an increase of 431 yuan/ton from last Friday, or 2.38%, and 8.09% month-on-month. 2. Market analysis The spot price of cotton futures has repeatedly hit new highs. On August 20,…
SunSirs: Stainless Steel Prices Mainly Fell Slightly on August 19
Price trend According to the price monitoring of SunSirs, on August 19, the spot market price of stainless steel reported 19,233.33 RMB/ton, down 1.54% from the previous day, up 33.1% from the beginning of the year, and up 31.29% year-on-year. Analysis review On the 19th, the price of stainless steel continued to weaken downward. Among them, the spot…
SunSirs: The Device Restarted, the Positives Weakened, and the BDO Market Fell after Reaching a High Level
Price trend With the restart of the device, the market’s favorable support weakened. According to the sample data monitored by SunSirs, from August 12 to August 19, the domestic BDO market price dropped from 29,000 RMB/ton to 28,125 RMB/ton. The price dropped 3.02% during the week, and the price rose 41.33% month-on-month and 232.45% year-on-year. In…
SunSirs: The Formic Acid Market Is Strong and the Market Atmosphere Is Active
Price trend According to data from SunSirs’bulk list, as of August 20, the average price of formic acid companies’quotations is 3,400 RMB/ton, an increase of 0.99% compared to Monday’s price, and an increase of 12.09% compared to July 20. In a three-month cycle, it rises by 24.39%. Analysis review The domestic formic acid market has been improving since…
SunSirs: Favorable Supports, China PVC Market Price Rises (August 1-19)
According to the data monitored by SunSirs (the average ex-factory price of carbide SG5), on August 19, the average mainstream price of PVC in China was 9,262.5 RMB/ ton, up about 40 yuan from 9,225 RMB/ ton at the beginning of the week, up 0.41%, 1.37% from the beginning of the month and 41.85% compared…
SunSirs: China Domestic PC Market is Stable and Strong
According to the data monitored by SunSirs, as of August 19, the comprehensive price of PC market was 25,450.00 RMB/ ton. The overall PC market operated strongly this week, up 1.09% compared with the same period last week and 5.71% compared with the same period last month. The manufacturer shipped actively, the logistics was smooth,…
Asia petrochemicals: Key market indicators for Aug 23-27
The Asian petrochemicals market is likely to continue witnessing logistical issues in the trading week ending Aug. 27, as regional governments impose containment measures to curb the COVID-19 spread. Toluene** Selling pressure is seen from South Korea, which may pull Asian complex lower. Some India-based importers noted that pre-festive sales were proving to be weaker-than-usual. Sentiment…
