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[Industry Reports]：PP, PE, PVC General Plastics fell for 8 days, PC, PMMA Engineering Plastics Market weak operation

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The general plastics market of

has been declining and falling recently, especially polypropylene futures, which have fallen a lot. From June 9 to today, it has shown a "big decline" trend, falling for 8 consecutive days. Under the market situation of high oil prices and weak terminal demand, the performance of polypropylene enterprises is not optimistic.

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engineering plastics market is also weak!

PC:

factory offer prices were lowered, some of the high offer fell deeper, down 500-1500 yuan/tonne range. The mentality of merchants in various markets is depressed and cautious, and the offer is mainly declining, and the real order is cautious.

Expected supply and demand pressure and cost side weakness, the domestic PC market decline is expected to continue, pay attention to the low market trading atmosphere of guidance.

PMMA

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The price of raw material MMA is temporarily stable, the supply of PMMA particles in the market is relatively sufficient, and the downstream demand is not good. Holders will follow the market with limited follow-up.

It is expected that the short-term domestic PMMA particle market will be put into operation. The domestic particle market in East China will refer to 14500-16300 yuan/ton, and the imported particle price in East China will be 14500-16500 yuan/ton. Later, further attention will be paid to raw materials and transactions.

PA6: weak operation

the pure benzene market is weak and volatile, the cost is negative, the low-priced supply on the market increases, coupled with the reduction of Sinopec's listing price, the market atmosphere is not good, it is heard that the low price on the market has also been traded, and the actual transaction is discussed in detail.

It is expected that the short-term PA6 market will be weak.

PA66: Price Declines

East China adipic acid market plate weak operation, raw material end trend is weak, adipic acid market mentality lack of support, some traders shipping pressure to let profit talks.

It is expected that the short-term PA66 market will weaken.

POM:

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Shenhua POM device parking maintenance, cost performance is relatively stable. Market shipments are slow, traders have poor trading mentality, and mainstream offers have room for profit. Demand is difficult to improve, users sporadic procurement mainly.

It is expected that the short-term domestic POM market will be weak and downward.

PET: Price Reduction

the spot price of polyester raw materials fluctuated downward, PTA closed down 25 to 7130 yuan/ton, MEG closed down 207.5 to 4887.5 yuan/ton, polymerization cost 7733.46 yuan/ton. The intraday polyester bottle chip market price continued the downward pattern, traders quoted lower, the spot market negotiation atmosphere warmed up.

, considering the continued downward trend on the polyester crude oil side, the traders' mentality has weakened. Therefore, it is estimated that in the short term polyester bottle tablets or shock downward mainly.

Source: Eighth Element Plastic Edition, Plastic New Vision

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