Zhenhai Refining & Chemical operates four PP production lines with a combined annual capacity of 1.3 million tons. All lines are currently operating at normal load. The ex-factory reference price for wire drawing material T30S has been reduced by 50 yuan to 6,800 yuan/ton. Spot prices from merchants are adjusted according to market conditions, and trading activity remains moderate.
Yangzi Petrochemical's two-phase production facilities have a combined PP capacity of 400,000 tons per year, with all units currently operating at normal load. The ex-factory reference price for drawing material F401 has been raised by 100 yuan to 6,800 yuan per ton. Merchants are adjusting spot prices according to market conditions, and trading activity remains satisfactory.
Sinopec Shanghai Petrochemical has an annual PP production capacity of 400,000 tons across three units, all currently operating at normal capacity. The ex-factory reference price for wire drawing material T300 has been raised by 100 yuan to 6,950 yuan per ton. Spot prices from merchants are adjusted according to market conditions, with trading activity remaining steady.
Fushun Petrochemical has two PP production lines with a combined annual capacity of 390,000 tons. Both lines are currently operating at normal load. The ex-factory price of wire drawing material L5E89 has increased by 70 yuan to 6,580 yuan/ton. Merchants are adjusting spot prices according to market conditions, and trading activity remains satisfactory.
Daqing Petrochemical's PP unit with an annual capacity of 100,000 tons is operating at normal load. The ex-factory reference price for wire drawing T30S has been raised by 20 yuan to 6,600 yuan/ton. Merchants are adjusting spot prices according to market conditions, and trading activity remains satisfactory.
Yangzi Petrochemical's two-phase production facilities have a combined PP capacity of 400,000 tons per year, with all units currently operating at normal load. The ex-factory reference price for drawing material F401 has been reduced by 150 yuan to 6,700 yuan per ton. Merchants are adjusting spot prices according to market conditions, and trading activity remains satisfactory.
Jiujiang Petrochemical has a PP production capacity of 100,000 tons/year, with current operating rates normal. The reference ex-factory price for wire drawing material T30S has been lowered by 50 yuan to 6,550 yuan/ton. Spot prices from merchants are adjusted according to market conditions, and trading activity is moderate.
Anqing Petrochemical's PP production unit, with an annual capacity of 300,000 tons, has been completely shut down since January 9 and is scheduled to restart on February 28. Currently, the supply is limited, and merchants are adjusting spot prices according to market conditions, with trading activity remaining relatively stable.