I. Market overview

Recycled PP market:

According to the data, this week the regeneration PP market supply is clear, cost support, and the price continues to stalemate. Downstream factory orders decreased this week, the Northeast region has been shut down, other regions also have individual work stoppage. Due to the low temperature, the supply of wool is reduced, the supplier remains cautious, and the cost is difficult to have downward space. Regenerative PP enterprises in the week to continue low-load operation, mainly digest inventory, offer weak stalemate.

PE Market:

According to the news, yesterday's polyethylene market price fell in part, the range of 20-80 yuan/ton. Market supply pressure is still there, demand into the off-season, traders continue to make profit shipments, the market atmosphere cautious.

PP Market:

According to market comments, polypropylene stabilized yesterday, and the market has limited space to fall again. As of midday, East China wire drawing mainstream in 7250-7350 yuan/ton. After the firm offer talks, the market trading retreated, and the willingness to follow up was weak.

PVC market:

According to market news, PVC futures rebounded in a narrow range yesterday, and the spot market price was adjusted steadily. Merchant shipment situation is general, transaction to maintain negotiations. The quotation of PVC production enterprises maintains stable operation, the overall downstream demand remains weak, and the transaction is concentrated in the low-cost supply.

PS Market:

Zhangjiagang styrene closing price rose yesterday, but the downstream stock demand performance is poor. Market reference: Ningbo PS market price fluctuation is not large, Saibaorong 525 at 8800-8850 yuan/ton, Taihua 535N at 9900 yuan/ton, 8250 at 10100-10200 yuan/ton.

ABS Market:

According to the news, yesterday, Zhangjiagang styrene closed strongly rebound, but the business mentality is cautious, small and medium-sized downstream demand performance is poor. Market reference: The local market price of Shunde ABS fell, Jihua (Jieyang) 0215A reported 8900 yuan/ton; Jilin Petrochemical 0215A reported 9400 yuan/ton; Zhangzhou Chi Mei 757K at 9400 yuan/ton.

PET Market:

According to the news, international oil prices fell, and the cost side of the support is insufficient. The supply side of PET bottle chips increased steadily, but the demand of downstream factories continued to be depressed, and the market trading situation was deadlocked.

Second, recycled materials market

PE recycled material:

The recycled PE market is stable today. Recycling manufacturers while producing and selling, there is a certain inventory, shipping small orders based. Product manufacturers have fewer new orders, mainly hoard goods, lack of confidence in the future market, and take goods cautiously.

PP recycled material:

The market price of recycled PP is stable today. Downstream factory orders are less, and the phenomenon of arrears is increasing, and renewable enterprises are more cautious in shipping. At present, we mainly maintain old customers, and the upstream raw material goods are less supported, and the solid offer continues to report stable today.

PVC recycled materials:

The recycled PVC market is light and tidy, the downstream inquiry enthusiasm is not high, the actual position is weak, the production and trading mentality of the recycled manufacturers are short, and the links meet the needs of the just. The recycled PVC market is expected to remain stable.

ABS/PS recycled Materials:

Then the rigid rubber market does not have enough favorable factors to boost the demand is still weak. Downstream manufacturers orders are not many, the continuation of just need to purchase mainly, into the investment difficult volume. Supported by cost, short-term manufacturers intention to report stable. In summary, it is expected that the short-term rigid rubber market will run smoothly.

Third, the price trend

The price of recycled plastics in specific regions and specifications is more stable, the balance of supply and demand is relatively maintained, and the market as a whole tends to be cautious.

Fourth, look to the future

It is expected that the short-term recycled plastics market as a whole will remain weak and stable. Affected by multiple factors such as macroeconomic and raw material prices, industry participants need to respond cautiously to market fluctuations and flexibly adjust business strategies.

Please note that the above information is based on market information and does not constitute any form of investment advice. For specific investment decisions, be sure to conduct your own comprehensive judgment and adequate analysis in order to make a final decision.