Chemical Morning Post: Crude oil fell continuously after falling chemical products

1. Although the US crude oil and refined oil inventories accidentally fell in full, the market’s concerns about Spain and Greece intensified, and the US and European crude oil prices fell following the Euro’s exchange rate. West Texas light oil Wednesday, November ** ** settlement price of $ 89.98 a barrel, down $ 1.39 over the previous trading day; Brent crude oil November 2012 ** settlement price of $ 110.04 a barrel, down from the previous trading day $0.41. Spain's economic growth fell sharply, and its 10-year Treasury yield once again rose above 6%, adding to concerns that the debt crisis in Europe is deteriorating. The euro fell to a two-week low against the US dollar on Wednesday.

On the 26th and 26th, the PE market price in East China continued to fluctuate. In the morning, petrochemical major regions continued to lower their linear/high-pressure ex-factory prices, which were dragged down and the business mentality was more pessimistic. Reference price: LLDPE in 11000-11250 yuan / ton, LDPE in 11200-11500 yuan / ton, drawing reported 11100-11350 yuan / ton, injection molding in 10800-11300 yuan / ton, film material in 10850-11250 yuan / ton, hollow In the 11200-11500 yuan / ton. The PE market price in North China continued to decline, with a high and linear decline of around RMB 100/ton, and the low-voltage price was temporarily stable. On the 26th, LLDPE** oscillated in a narrow range. Sinopec/PetroChina continued to lower its linear and high-pressure ex-factory prices. Reference quotation: LLDPE in 11000-11200 yuan / ton, LDPE in 10800-11200 yuan / ton, drawing reported 11200-11250 yuan / ton, injection molding in 10800-10900 yuan / ton, film material in 10950-11250 yuan / ton, hollow In 11200-11600 yuan / ton. The PE market in South China continued to decline and merchants were not able to ship. In the morning, Sinopec and PetroChina South China continued to lower their ex-factory prices, coupled with fewer downstream enquiries. Currently LDPE mainstream quoted at 10900-11300 yuan / ton, LLDPE at 10900-11100 yuan / ton, drawing reported 10900-11300 yuan / ton, injection reported 10900-11500 yuan / ton, film material reported 11000-11100 yuan / ton, hollow In 11600-11750 yuan / ton.

3, PTA: naphtha fell 3 US dollars to 937-944 US dollars / ton CFR Japan. Heterogeneous MX rose 4 US dollars to 1287-1288 US dollars / ton FOB South Korea. PX: Asia fell by 7 U.S. dollars to 1471-1472 U.S. dollars/t FOB South Korea and 1492-1493 U.S. dollars/t CFR China Taiwan; Europe fell by 10 U.S. dollars to 1459 to 1461 U.S. dollars/t FOB Rotterdam; U.S. fell 10 U.S. dollars to 1425-1435 U.S. dollars/ t FOB US Gulf. Ethylene: Northeast Asia up 10 US dollars to 1329-1331 US dollars / ton CFR; Southeast Asia rose 5 US dollars to 1339-1341 US dollars / tonne CFR. Propylene is stable at 1308-1310 USD/ton FOB Korea.

4, pvc: 26 domestic PVC market as a whole weaker. ** The market continued its weak consolidation and the pessimism in the spot market spread. The PVC market in southern China continued to be calm, and part of the transaction price was slightly weaker. Ordinary type 5 electric stone mainstream 6670-6700 yuan / ton from mentioning, China and Thailand and Tianchen other 5 reported 6720-6750 yuan / ton since mentioning, Dagu and Taurus 1000 reported 7050 yuan / ton since the mention. The market price of PVC in east China has shifted downward. Type 5 ordinary electric stone from the mainstream 6580-6650 yuan / ton (including part of the price). 1000 East China to the mainstream 6750-7200 yuan / ton. The PVC market in North China is stable. Affected by the decline in the surrounding market, the market business mentality is not good, ordinary type 5 electric stone Shandong mainstream in 6500-6570 yuan / ton sent; Hebei mainstream in 6450-6500 yuan / ton sent.

On the 5th and 26th days, the market price of calcium carbide continues to be the mainstay of the stalemate, and the arrival difference between the north and the south still exists. The arrival of goods in the south is generally more common, 3-4 days is more common in the car, the basic arrival of the north is enough, part of the car 1-2 days. In addition, as the National Day approaches, all localities are concerned about whether high-speed vehicles will have control measures at high speed. The mainstream ex-factory price of calcium carbide in Wuhai, Inner Mongolia, is between RMB 3,100 and 3,150/ton; the mainstream ex-factory price of Grade 1 products in Inner Mongolia and Wumeng is RMB 3,250-3,350/ton; the mainstream ex-factory price of calcium carbide in Pingluo, Ningxia is RMB 3,100-3,150/ton; Shaanxi Manufacturer factory price 3100-3150 yuan / ton; Gansu region mainstream price of calcium carbide 3180-3250 yuan / ton; Shanxi mainstream factory price in the 3300-3350 yuan / ton. The main reception price of excellent grades in Shandong is 3,650-3,770 yuan/ton; in Tianjin, the premium grade receiving price is 3,650 yuan/ton; in Hebei Tangshan Sanyou, the receiving price is 305L/KG, 3650 yuan/ton; in Henan, the calcium carbide receiving price is mainly in 3500- 3550 yuan / ton; PVC plant in Shanxi Province, the main receiving price of calcium carbide 3450 yuan / ton; Northeast 295L / KG of 3640-3650 yuan / ton; Sichuan province outside the source of the receiving price of 3500-3550 yuan / ton.