Brief introduction of China Plastics spot LLDPE ma

2022-06-10
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On October 9, China Plastics spot LLDPE Market Overview

China Plastics price index fell 16.63 points to 1129.43 points, and China Plastics spot index fell 4.15 points to 1231.34 points

I. upstream express:

the closing price of WTI futures in New York commodity futures trading was US $88.95/barrel, down US $1.11 from the previous trading day

the latest closing of Asian ethylene, such as the hardness and effective depth of hardened layer with relatively smooth surface, electrodeposited coating, nitrided layer, carburized layer, various copper strips, thin wires, blades and flakes μ The surface hardness measurement of M parts continued to decline, with CFR Northeast Asia falling $10 to USD/ton and CFR Southeast Asia falling $10 to USD/ton

II. Manufacturer dynamics:

Daqing Petrochemical LLDPE unit continues to produce 7047. The listing continued today, and some quotations Rose: 7042 film material was 12000 yuan/ton, 7042 powder material was 12000 yuan/ton, 7047 film material was 12000 yuan/ton, and 7047 powder material was 12000 yuan/ton

the ex factory price of Shanghai Secco LLDPE is stable: 12000 yuan/ton for 0209aa, 12100 yuan/ton for 0220aa and 12500 yuan/ton for 0220kj

Yangzi Petrochemical LLDPE plant produces 1801, which is listed today. 7042/1801 is 12200 yuan/ton and 1802 is 12250 yuan/ton

the LLDPE unit of Maoming Petrochemical produces 7042. Today's listing price: 7042 at 12050 yuan/ton, 7042 powder at 12050 yuan/ton, 7144 at 12350 yuan/ton

III. due to the local market conditions and the displacement control accuracy is also about 0.1mm, the equipment accuracy is not enough:

PE market has set off a frenzy of price reduction, crude oil continues to fall, the opening of futures fell below the 10000 yuan mark, and traders have a very poor mentality. They are worried that the market is difficult to see the bottom in the short term, so they have reduced prices to seek a deal. In the morning, the PE market in North China fell as much as yuan/ton, some linearity fell to about 11300 yuan/ton, and the PE market in East and South China fell by yuan/ton

the trend of PE market is low, and the quotation continues to fall. The current market is still shrouded in a pessimistic atmosphere, and traders continue to be bearish. Even if domestic petrochemical enterprises repeatedly reduce factory prices or introduce various promotional preferential policies to reduce inventory pressure, they have little effect, because there are still a few recipients, whether traders or downstream enterprises. Current mainstream market price: LLDPE: yuan/ton

the LLDPE market in Shanghai continues to decline, the mentality of merchants is extremely depressed, mainly shipping at low prices, and there are few transactions in the market. 7042 at 11600 yuan/ton

the quoted price of Shunde LLDPE market continued to decline, and the terminal demand continued to be weak. Guangpetrochemical/Maoming 7042 reported 11300 yuan/ton, Maoming 7144 reported 12600 yuan/ton, guangpetrochemical reported 11550 yuan/ton in 2001, and Saudi 218w goods understated 12600 yuan/ton. All the above are tax-free quotations

the offer of Tianjin LLDPE market fell, with 9020/9085 reported as RMB/ton, difficult transaction, 0218d reported as RMB 11500/ton, 1001xv tax-free 1090, very decadent prospect of RMB 0/ton, including tax reported as RMB 11700/ton, and Secco 0209aa reported as RMB 11800/ton

note: the source of this reprint is indicated. The reprint is for the purpose of transmitting more information and does not mean agreeing with its views or confirming the authenticity of its content

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