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Engineering plastic industry will enter a rapid development stage in our country

Automobil plastic net news: polyolefin aspect, according to the monitoring, have risen 1.57% this week LLDPE, LDPE rose 1.25% HDPE or at 0.92%, PP gains at 1.04%. Rise of PP, PE is cost factors, crude oil futures firm on downstream support clear, moreover, the futures market days of walking tall also has a boost, a main factor is the petrochemical hype, the role of a price increase, but the industry generally bearish some for short-term, mainly market off-season, weak demand.

From polypropylene downstream of the two products can also be reflected, CPP and BOPP did not raise with the power, due to the upstream of the film market in the off-season for partial film manufacturer still on sale. End of may, in addition, the petrochemical intensive repair, many devices face to return to work, late supply expected pressure, analysts Xue Jinlei expected there are still risk callback after the middle of June.

Styrene terminal in the industry of EPS, abs, PS, this week have a fall in the value of 1. Material: styrene on May 20, has been cut in two weeks in a row, or 2.89%, 2 device starts aspects: part of the downstream enterprise brownouts policy influence, starts relatively early, enterprises are operating at 6-7, downstream of the current inventory will not strong, there are still cut space is expected in the near future.

Engineering plastics or this week now, weak amplitude, rise in part products is cost more, but limited gains, the cost of the fixed demand, rising product: PET: 0.69%. After the Dragon Boat Festival, PET market prices rising, raw materials ethylene glycol rose 2.31% during this period, the PTA rose 1.32%, although the market also has a high, but have no city, clinch a deal is not good, and PET bottle flakes industry offer chaos, part of the enterprise order intention is not high; Down products, PC drop to 0.27%. PC spot market continued stalemate consolidation, tepid pace of trading.

Positive in the upstream of bisphenol A is stable, but just need optimum price purchasing downstream manufacturers, MaiMaiFang sitting down for A while. Guangdong, jiangsu and zhejiang parts dealers continue to lower price, shipment to lower prices. Is expected in the short term PC shipment price is subject to give priority to, the whole engineering plastics market downturn affected by low season will continue for a period of time.

The huge market demand is driving the industry progress, according to expert analysis, China engineering plastics industry both in material molding equipment, processing, or application of market development, will enter a rapid development stage.