Brief introduction of spot LLDPE market of sinopla

2022-07-23
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On November 6, China Plastics spot LLDPE price index fell 6.36 points to 725.80 points, and China Plastics spot index rose 0.92 points to 936.19 points

I. upstream express:

the closing price of WTI futures in New York commodity futures trading was $70.53 per barrel, up $6.62 from the previous trading day

the latest closing of ethylene in Asia on the e-commerce platform was stable, CFR reported USD/ton in Northeast Asia and USD/ton in Southeast Asia

II. Manufacturer dynamics:

Daqing Petrochemical linear unit produces 7042. The listing price was stable today, with 7042 film at 7500 yuan/ton, 7042 powder at 7300 yuan/ton, 7047 film at 7500 yuan/ton, and 7047 powder at 7300 yuan/ton

Yangzi Petrochemical LLDPE unit produced 1801, and the listing price was stable today: 7042/1801 at 7700 yuan/ton, 1802 at 7750 yuan/ton

the ex factory price of Shanghai Secco LLDPE is stable: 0209aa is 7300 yuan/ton, 0220aa is 7300 yuan/ton, 0220kj is 7400 yuan/ton

the LLDPE unit of Maoming Petrochemical produces 7144. The listing price was stable today: 7042 was 7600 yuan/ton, and 7042 powder was 7100 yuan/ton. The old way of development with a large amount of resources and consumption environment is difficult to sustain.

III. local market conditions:

pe market inquiry is flat, and the price has dropped by about 100 yuan/ton across the board. In some regions, for example, the Central Plains linear fell below 7000, and low-cost goods continued to pour into the outer market, exerting great pressure on domestic goods. At present, traders' use of continuous filament can make the composite material very strong in the fiber direction, and their bearish attitude towards the future market is obvious

pe market atmosphere is flat, the transaction is still not improving, the market fell slightly, and downstream buyers are still mainly on the sidelines. Current market mainstream price: LLDPE: yuan/ton

Tianjin LLDPE market has few resources and the inquiry atmosphere is light. 0218d no tax declaration yuan/ton, including tax declaration 7350 yuan/ton, 1002kw no tax declaration yuan/ton, 1002yb quotation 7800 yuan/ton, 9085 quotation yuan/ton, SECCO 0220aa quotation 7200 yuan/ton

Hangzhou LLDPE market atmosphere is light, and the quotation continues to decline. CNPC 7042 reported 7000 yuan/ton, Yangzi 70 has 30 regions issued relevant support policies, 42 reported 7100 yuan/ton, 0220kj reported 7200 yuan/ton

the market atmosphere of Shunde LLDPE continues to be depressed, with quiet enquiries and few transactions. Guangzhou Petrochemical reported 7750 yuan/ton for 7042, 7800 yuan/ton for Maoming 7042, 7700 yuan/ton for 2001 and 7850 yuan/ton for 218w. All the above are tax-free quotations

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