Plastic rally unabated this week, Huadong Shun Ding

1. Butadiene rubber

    Huadong Shun Ding plastic rally this week has not diminished.

    East China quoted the recent mainstream: most of the high technology resources, the Shanghai market quotations 17700-17900 yuan / ton, Jiangsu and Zhejiang market merchants offer 17700-17800 yuan / ton.

    Outside the disk: the Han Guoshun D Report 2150-2170  U.S. dollars / ton, January shipment quote CIF China main port
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    Petrochemical areas: Sinopec East (Takahashi) reported 16,900 yuan / ton, Petroleum East China (Daqing / Dushanzi) reported 17,200 yuan / ton.

    Recent butadiene rubber supply remained tense, petrochemical enterprises have hikes, the market prices higher. Atmosphere of the market more active inquiry, but the actual into the small, many businesses continue to wait and see.

    Afternoon Analysis: butadiene prices continue to rise upstream support butadiene rubber prices. Not significantly increase  the current cash resources, is expected to market the recent butadiene rubber is likely to continue higher.