The hottest spot LLDPE market of China Plastics on

2022-08-17
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On February 16, China Plastics spot LLDPE market brief

China Plastics price index fell 9.87 points to 806.80 points, and China Plastics spot index fell 2.20 points to 906.08 points

I. upstream express:

WTI futures closed at $37.51 per barrel in New York commodity futures trading, up $3.53 from the previous trading day

Asian ethylene closed slightly lower, CFR Northeast Asia fell $10 to $per ton, and CFR Southeast Asia fell $per ton

II. Manufacturer dynamics:

Yangzi Petrochemical LLDPE unit produces 1802, and today's pricing is stable: 1801/7042 is set at 9300 yuan/ton, 1802 is set at 9350 yuan/ton

Maoming Petrochemical LLDPE plant produces 7042. Today, the price is flat, and the disassembly of the battery is stable. The price of 7042 is 9100 yuan/ton, and the price of 7042 is 9000 yuan/ton

Guangzhou Petrochemical LLDPE unit first-line production 7042. The price is stable today, with 9100 yuan/ton for 7042/2001

Qilu Petrochemical LLDPE unit produced 7042, and the price is stable today, with qllp01 set at 9200 yuan/ton; 7042 RMB 9200/ton

III. local market conditions:

the PE market continued the downturn last week, the price continued to decline by yuan/ton, and the downstream factory received goods poorly. Definition of target tensile testing machine: test the mechanical and technological properties of materials, parts and components. The instruments and equipment of the machine are multi tensile of various brands in the market before the material testing machine: maximum force, tensile strength, elongation at break, elastic modulus; Although Sinopec has issued corresponding preferential policies, the enthusiasm of contract users to take delivery of goods is still not high. Wait and see if petrochemicals has the next policy. At present, merchants are more active in shipping and digesting inventory. It is reported that recently, there are many imported materials that are expected to arrive in Hong Kong. Businesses are worried that the imported materials will impact the market and lack confidence

pe market performed poorly, and the quotation fell slightly. There is still no sign of improvement in downstream demand, the intention to receive goods is weak, traders actively ship goods, short-term operations, and transactions turn weak. Mainstream market price: LLDPE: yuan/ton

the market quotation of Shantou LLDPE continues to fall slightly, and the inquiry atmosphere is acceptable. Guangpetrochemical/Maoming 7042 has no tax of 8550 yuan/ton, guangpetrochemical 2001 has no tax of 8600 yuan/ton, Jihua/Lanhua 7042 has no tax of 8650 yuan/ton, 218w has no tax of 8500 yuan/ton, 3224 has no tax of 8500 yuan/ton

the market quotation of Guangzhou LLDPE has little change, and the inquiry is general. Guangzhou Petrochemical/Maoming 7042 is quoted at 9000 yuan/ton, and Lanhua/Jihua 7042 is quoted at 9000 yuan/ton. All the above are tax inclusive quotations

Shunde LLDPE market quotation continued to decline steadily, and the morning inquiry atmosphere was general. Guanghua Petrochemical/Maoming 7042 reported 8500 yuan/ton, Guanghua Petrochemical 2001 reported 8400 yuan/ton, 218w/1002kw reported 8500 yuan/ton, all of which are tax exclusive quotations

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