Brief introduction of spot LLDPE market of sinopla

2022-08-01
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On January 12, China Plastics spot LLDPE price index rose 6.45 points to 759.67 points, and China Plastics spot index rose 0.83 points to 880.89 points

I. upstream express:

the closing price of WTI futures in New York commodity futures trading was $40.83 per barrel, down $0.87 from the previous trading day

Asian ethylene was mixed at the latest closing. CFR Northeast Asia rose $50 to $per ton, and CFR Southeast Asia fell $20 to $per ton

II. Manufacturer's news:

Yangzi Petrochemical LLDPE plant produced 1802, which continues to be listed today: the 6800 ton servo energy-saving two plate injection molding machine 7042/1801 is at 8500 yuan/ton, and 1802 is at 8550 yuan/ton

Maoming Petrochemical LLDPE plant produces 7042. The listing price was stable today, with rmb8200/ton for 7042 and RMB8000/ton for 7042

the first-line production of Guangzhou Petrochemical LLDPE plant is 7042, and the first-line production is 2001. Today, the listing price is stable, and 70 is easy to operate. The 42/2001 price is 8250 yuan/ton

Qilu Petrochemical LLDPE unit produced 7042, and the listing price was stable today. Qllp01 was pegged at 8500 yuan/ton; 7042 hang 8500 yuan/ton

III. local market conditions:

pe market as a whole continued the downward trend. On Monday, under the guidance of no good/bad news, the wait-and-see atmosphere was slightly strong, with an accuracy of 0.01%. Although the current spot supply is slightly insufficient, due to the approaching Spring Festival, the downstream factory has light enquiries and limited demand, and the price still drops slightly. 1. Always keep the ring stiffness testing machine and computer clean and sanitary. It is expected that the market will still be dominated by negative decline before the Spring Festival

the market lacks guiding factors. The LLDPE market is stable, the transaction is general, and there are a few inquiries, but it is obvious to wait and see. There is a certain counter-offer space for the imported linear

crude oil continued to decline. Towards the end of the year, demand was extremely weak. The local inquiry atmosphere in Hangzhou was light. The quotation was mainly stable and the transaction was light. Lanhua 7042 reported 8600 yuan/ton and Yangzi 7042/1802 reported 8600 yuan/ton

the supply of goods in Xiamen LLDPE market continued to be tight, and the demand remained weak. The overall quotation was basically stable last Friday, but the market inquiry was cold, and there was no transaction in the morning. Guanghua Petrochemical/Maoming reported 7042 yuan/ton, and Jihua/Lanhua reported 7042 yuan/ton. The above prices are tax exclusive

the local LLDPE market in Central Plains has few spot resources in the morning, and the 7050 spot excluding tax is about 8120 yuan/ton

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