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[Industry Focus]：The currency exceeded and the output declined. Japanese large plastic enterprises raised prices collectively, while the prices of PP, PE and acetone soared.

Read： 332 Time：36months ago Source：Guoye e-commerce, WELINK plastic

on November 11, almost all large chemical and plastic enterprises in Japan began to soar like an agreement! This kind of scene is unprecedented and unprecedented!

overnight, Sumitomo Chemical PP, PE, EVA, Mitsubishi Chemical Bisphenol A, Acetone, MIBK and DAA, Toyo Spinning PA66, OPP, CPP, LLDPE,SUN-TOX OPP, CPP, Asahi Wa POM, Teijin PET, Kolele PVB... More than a dozen price increase letters appeared, up to 8300 yuan!

November 11, Sumitomo Chemical issued two letters announcing the increase of PP, PE, EVA and other products. The specific price increase range and time are as follows: from November 25, all grades of PP and PE will be increased by 25 yen/kg (about 1400 yuan/ton).

from

November 25, the company's EVA increased by 26 yen/kg (about 1456 yuan/ton).

On November 11, Mitsubishi Chemical of Japan also issued three letters announcing the increase in the prices of its bisphenol A and acetone, MIBK and DAA products. Among them, bisphenol A will be increased by 15 yen/kg (about 839 yuan/ton) from the 22nd of this month.

At the same time, the

acetone, MIBK and DAA will be raised by a maximum of 43 yen/kg (about 2405 yuan/ton) from the 22nd. For specific product increases, please refer to this table:

In addition, Mitsubishi Chemical also raised sugar ester products and polyglycerol ester products on November 10, with an increase of up to 150 yen/kg (about 8392 yuan/ton).

, on

November 11, Japan's Asahi Kasei raised the price of POM series products by more than 40 yen/kg (about 2238 yuan/ton).

there are more price increase letters, because there are too many, not one by one! This time, Japanese plastic enterprises sent a letter collectively on the same day for no more than two reasons: currency overshoot and production decline! Now some foreign enterprises are still affected by the epidemic, the market is in short supply, will cause the price of finished products to rise!

look at the domestic plastic market:

PP: small finishing

pp涨价.jpg

Spot market quotes are heavily influenced by futures, and as futures move higher, some low-end quotes rise slightly. Petrochemical ex-factory prices are stable and small, with little change in cost-end support. Downstream factories on-demand procurement, low-price transactions mainly, high prices inhibit transactions. It is expected that today's domestic polypropylene market is weak and volatile, taking East China wire drawing as an example, the expected price range is 8500-8650 yuan/ton.

PE: Mixed

PE market prices vary, with the linear part of North China rising 20-50 yuan/ton, the high-pressure part rising 50 yuan/ton, the low-pressure wire drawing part rising 50 yuan/ton, the hollow and membrane parts rising 50 yuan/ton, and the injection molding part rising 50 yuan/ton.

East China Region Linear Part Up 50 yuan/Ton, High Pressure Part Up 50-100 Yuan/Ton, Low Pressure Part Up 50 yuan/Ton;

The linear high price part of South China region fell by 50 yuan/ton, the high pressure part fell by 50-100 yuan/ton, and the low pressure rose and fell by 50 yuan/ton.

linear futures high open volatility repeated, petrochemical ex-factory prices are mostly stable, traders offer more to follow the futures trend to adjust, terminal factory pick-up is cautious, the real price focuses on a single talk. It is estimated that today's PE market price is mainly strong. Taking LLDPE as an example, the mainstream price is expected to be 9,000-9,400 yuan/ton.

ABS: Weak Lower

The lack of spot demand coupled with energy-based commodity weakness, the market risk aversion is heating up again, spot negotiations are sluggish, and there is a small bargaining space in the real market. It is expected that the short-term ABS market will be weak and volatile.

PS: Partial Decline

The decline in raw material styrene has put pressure on PS prices. PS holders are more likely to wait and see. Yesterday morning, the offer was less. Downstream buying was mainly due to return transactions, and the market situation was average. It is expected that the short-term domestic PS market price may be weakly adjusted, with ordinary GPPS operating range of 9700-10300 yuan/ton and ordinary HIPS operating range of 11800-12300 yuan/ton.

PVC: The atmosphere is good

The domestic PVC market atmosphere is better, futures shock upward, point price supply advantage basically disappeared, some traders one-time price offer many times in the morning, downstream to maintain just need small single replenishment, mainstream prices rose. It is expected that the short-term domestic PVC market price center of gravity will move up, and the East China SG-5 shock range will be 9500-10200 yuan/ton.

EVA: horizontal finishing

EVA价格.jpg

Quanzhou Petrochemical auction all transactions, boost the market, some traders soft materials closed to sell. Terminal enterprises just need to enter the market, the real price more focus on a single talk. It is expected that if there is no sudden profit and loss in the short term, EVA market may gradually stabilize, and VA18 content foaming supply may be in the range of 20000-25000 yuan/ton.

Source: Guoye e-commerce, WELINK Plastic

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