Báo cáo hàng tuần của nhựa: Nhựa giá cả dưới áp lực; Tiếp tục xói mòn dự đoán

Nov 22, 2016

Spotresintradingimprovedlastweek, althoughthemarketisstillverynervous. Theflowofmaterialwasheavy

một lần nữa, andwhilecompletedvolumesrosesubstantially (fromdismallevels), offershavestillbeenaccumulating,

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

andpolypropylene (PP) resinsarereadilyavailable, andaverywiderangeofpricesarequoted. Thượng nguồn

energyandfeedstockpricesrecoveredsomewhat, butplasticsremainedunderpressure. Marketparticipants

anticipatefurthererosionahead, asoffersforshipmentstwoweeksoutarecheaperthanmaterialforimmediate

lô hàng. Incrementalexportsalesremainseasonallychallenged,compoundedbythestrongU.S.dollarand

negativeregionalmarketsentiment.

SpotPEtradingwassignificantlymoreactive, asasteadystreamofofferscontinuedtopeltthemarketand

pricesslidfurther. Mostgenericprimegradesdroppedanotherpennywithvariousone-offdealsdoneatsteepergiảm giá.Resinhasbecomeplentiful; evenpreviouslyscarcegradeslikeLDPEfilmandLLDPEhaveemerged,

shrinkingtheirpremiums. Houstontradershavedroppedtheirbids, lookingtoliquidateunsoldlotsratherthan

takingonnewpositions và, asalways, seekingback để backtransactions, reportsthePlasticsExchange.

Amidfallingspotlevels, someprocessorsseemfrustratedbythelackofclaritywithNovemberPEcontractsand

haveminimizedvolumecommitments. SeveralproducershaveloweredNovemberPEby$ 0,03/lb, butothers

haveyettoannouncethemagnitudeoftheirdecrease. Whilethepricereliefiswelcomedbybuyers, $ 0,03/lb

thảisnotnecessarilydeemedalargeenoughbreak, andsomeareeying 0,05/lbtocompletelywipeawaythe

Septemberincrease.PerhapsitwilltakethroughDecembertoachievethenickelormaybeshaveevenmore.

PPtradingpickedupabitanddealswereflyingifthevolumeswerelarge.Genericprimelevelsgenerallyslid

anothercent, withlargerdiscountsneededtomoveoffgrade. Resellershavemaintainedtheirefforttoliquidate

uncommittedmaterial, acceptingreasonablebidsevenifitgeneratedaloss. NovemberPGPcontractssettled

earlierinthemonthdown$ 0,06/lb; thePlasticsExchangeexpectsanotherrangeofPPcontractpricemovement

basedonparticularindexmarkers, spotlevelsandmonomercomponents. SomePPbuyersappearedwillingto

payseveralcentsextraforlast-minutetruckloadshipmentsratherthanbuyingacheaperrailcar.AspricesCascadethấp hơn,theyfearbetterdealswillemergebeforethebulkresinevenarrives. Thatsaid,othershavefound

deeplydiscountedspotofferscompellingandworthyofmulti-carorders. Pricelevelsaregenerallyseenfromthe

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

startingwitha3; homopolymerhasbeennoticeablyweakerthancopolymer.


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