Brief introduction of spot LLDPE market of sinopla

2022-07-31
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On November 4, China Plastics spot LLDPE market brief

China Plastics price index fell 9.26 points to 751.64 points, and China Plastics spot index fell 14.97 points to 953.36 points

I. upstream express:

the closing price of WTI futures in New York commodity futures trading was $63.91/barrel, down $3.90 from the previous trading day

the latest closing of Asian ethylene was stable, with CFR Northeast Asia reporting USD/ton and CFR Southeast Asia reporting USD/ton

II. Manufacturer dynamics:

Qilu Petrochemical LLDPE plant produces 7042, and today the ex factory price is stable, 7042 is at 7700 yuan/ton, and qllp01 is at 7700 yuan/ton

Tianjin Lianhua LLDPE plant was shut down for maintenance. The ex factory price today is stable, with 9020 at 7750 yuan/ton, 9085 at 7700 yuan/ton, powder 1820 at 7400 yuan/ton, and powder 1875 at 7400 yuan/ton

Zhongyuan Petrochemical LLDPE unit produces 7050, and the ex factory price is stable today. 9050k is 7600 yuan/ton, 9088 is 7600 yuan/ton, and 7050 is 7600 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

III. local market conditions:

pe refueling protection market continues to decline, with a range of about 100 yuan/ton. Crude oil closed down sharply yesterday, and the market atmosphere is depressed. At present, the linear mainstream price is yuan/ton, and some linear prices are close to 7000. Lower prices are constantly quoted in the external market, and traders have a long-term bearish mentality

pe market is weak and hard to return. It continues to maintain the trend of downturn and decline. There is no sign of improvement in downstream demand, the factory's intention to receive goods is weak, traders have no intention to operate, quotation is chaotic, market transactions are mainly sporadic, and block transactions are rare. Current market mainstream price: LLDPE: yuan/ton

the market atmosphere of Shunde LLDPE continued to be light, and the quotation continued to decline. Guanghua Petrochemical/Maoming 7042 reported 7800 yuan/ton, Guanghua Petrochemical 2001 reported 7700 yuan/ton, Maoming 7144 reported 8200 yuan/ton. All the above are tax exclusive quotations

Hangzhou LLDPE market quotation continued to decline and the transaction was flat. CNPC 7042 reported 7200 yuan/ton, Yangzi 7042 reported 7400 yuan/ton, 0220kj reported 7500 yuan/ton, and 0209aa reported 7400 yuan/ton

the quotation of Guangzhou LLDPE market continued to decline. There were few enquiries and the atmosphere was light. The price of Guangzhou Petrochemical/Maoming 7042 was less than 7900 yuan/ton, that of Lanhua/Jihua 7042 was 7700 yuan/ton, and that of Lanhua 7042n was 7700 yuan/ton. All the above are tax inclusive prices

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