گزارش هفته رزین: پلاستیک قیمت گذاری تحت فشار; فرسایش بیشتر پیش بینی

Nov 22, 2016

Spotresintradingimprovedlastweek althoughthemarketisstillverynervous. Theflowofmaterialwasheavy

باز هم، andwhilecompletedvolumesrosesubstantially (fromdismallevels)، offershavestillbeenaccumulating،

writesthePlasticsExchange(Chicago)initsMarketUpdate.Most,ifnotall,commoditygradepolyethylene(PE)

andpolypropylene (ص) resinsarereadilyavailable andaverywiderangeofpricesarequoted. بالادست

energyandfeedstockpricesrecoveredsomewhat butplasticsremainedunderpressure. Marketparticipants

anticipatefurthererosionahead asoffersforshipmentstwoweeksoutarecheaperthanmaterialforimmediate

حمل و نقل. Incrementalexportsalesremainseasonallychallenged,compoundedbythestrongU.S.dollarand

negativeregionalmarketsentiment.

SpotPEtradingwassignificantlymoreactive asasteadystreamofofferscontinuedtopeltthemarketand

pricesslidfurther. Mostgenericprimegradesdroppedanotherpennywithvariousone offdealsdoneatsteeperتخفیف.Resinhasbecomeplentiful; evenpreviouslyscarcegradeslikeLDPEfilmandLLDPEhaveemerged

shrinkingtheirpremiums. Houstontradershavedroppedtheirbids lookingtoliquidateunsoldlotsratherthan

takingonnewpositions و asalways، reportsthePlasticsExchange seekingback به backtransactions.

Amidfallingspotlevels someprocessorsseemfrustratedbythelackofclaritywithNovemberPEcontractsand

haveminimizedvolumecommitments. SeveralproducershaveloweredNovemberPEby 0.03 دلار/پوند، butothers

haveyettoannouncethemagnitudeoftheirdecrease. Whilethepricereliefiswelcomedbybuyers 0.03 دلار/پوند

قطرهisnotnecessarilydeemedalargeenoughbreak andsomeareeying 0.05$ / lbtocompletelywipeawaythe

Septemberincrease.PerhapsitwilltakethroughDecembertoachievethenickelormaybeshaveevenmore.

PPtradingpickedupabitanddealswereflyingifthevolumeswerelarge.Genericprimelevelsgenerallyslid

anothercent withlargerdiscountsneededtomoveoffgrade. Resellershavemaintainedtheirefforttoliquidate

uncommittedmaterial acceptingreasonablebidsevenifitgeneratedaloss. NovemberPGPcontractssettled

earlierinthemonthdown 0.06$ / پوند; thePlasticsExchangeexpectsanotherrangeofPPcontractpricemovement

basedonparticularindexmarkers spotlevelsandmonomercomponents. SomePPbuyersappearedwillingto

payseveralcentsextraforlast minutetruckloadshipmentsratherthanbuyingacheaperrailcar.Aspricesآبشارپایین،theyfearbetterdealswillemergebeforethebulkresinevenarrives. Thatsaid،othershavefound

deeplydiscountedspotofferscompellingandworthyofmulti carorders. Pricelevelsaregenerallyseenfromthe

اواسط $0 .40tomid 0$ .50rangebasedonqualityandquantity; someisolatedroughermaterialhasbeenpriced

startingwitha3; homopolymerhasbeennoticeablyweakerthancopolymer.


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