The hottest spot LLDPE market of China Plastics on

2022-08-22
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On November 5, China Plastics spot LLDPE market brief

China Plastics price index fell 12.47 points to 733.30 points, and China Plastics spot index fell 3.28 points to 937.17 points

I. upstream express:

WTI futures closed at $70.53 per barrel in New York commodity futures trading, up $6.62 from the previous trading day

the latest close of Asian ethylene was stable, with CFR Northeast Asia reporting US dollars/ton and CFR Southeast Asia reporting US dollars/ton

II. Manufacturer dynamics:

Daqing Petrochemical linear device produces 7042. The listing price was stable today, with 7042 film material at 7500 yuan/ton, 7042 powder stress concentration can be weakened by plastic deformation at 7300 yuan/ton, 7047 film material at 7500 yuan/ton, and 7047 powder at 7300 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

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

Maoming Petrochemical LLDPE unit was opened, with a production of 7144. The listing price was stable today: 7042 at 7600 yuan/ton, 7042 powder at 7100 yuan/ton

III. local market conditions:

pe market is affected by the surge in crude oil. Traders' confidence in plastics, for example, has slightly recovered, and the price decline is not large at about yuan/ton. Traders think that petrochemicals are about to settle, so they have no strong intention to continue to issue bills and take goods, so they often wait for petrochemicals to settle before submitting bills. The linear mainstream is maintained at yuan/ton, and the linear price in South China is about 500 yuan/ton higher than that in North China due to the shortage of goods. Today's sharp rise in crude oil led the market to stop falling, but the market is unlikely to stabilize, and the market needs new positive incentives

pe market continued its downward trend. Due to the sluggish downstream demand, most downstream factories now need to buy now and receive a small amount of goods, resulting in poor transactions and difficult to warm up the atmosphere. Despite the sharp rebound in international oil prices, it is also difficult to reverse the current market weakness at the China International Rubber and plastic Exhibition Design Forum held in Guangzhou last month. Current market mainstream price: LLDPE: yuan/ton

the quotation of Shanghai LLDPE market is stabilizing, but the wait-and-see mentality is still strong. Domestic materials: 7042 reported 7100 yuan/ton, 0220kj reported 7300 yuan/ton, 218n reported 7800 yuan/ton, 1002kw reported 7600 yuan/ton, 3305 reported 7200 yuan/ton, 0218d reported 7200 yuan/ton, uf414 reported 7600 yuan/ton

the overall quotation of Shunde LLDPE market has stabilized, with some chaotic ups and downs. Guangzhou Petrochemical 7042 reported 7700 yuan/ton, Maoming 7042 reported 7650 yuan/ton, Guangzhou Petrochemical 2001 reported 7650 yuan not to use/ton, Maoming 7144 reported 8100 yuan/ton, 218w tax free reported 7750 yuan/ton, all of which are tax free quotations

the transaction in Tianjin LLDPE market remains flat, and the overall circulation resources of the market are small. 0218d tax free is 7000 yuan/ton, 1002kw tax inclusive is 7800 yuan/ton, and the quotation of Secco products is mixed, 0220aa is 7300 yuan/ton, 0220kj is 7600 yuan/ton

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