Summary of spot LLDPE market of sinoplastics on Ju

2022-10-23
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On July 9, 2009, China Plastics spot LLDPE Market Overview

China Plastics price index fell 7.17 points to 973.02 points, and China Plastics spot index rose 6.16 points to 1018.65 points

I. upstream dynamics:

the settlement price of NYMEX August light and low sulfur crude oil futures contract fell by $2.79 to $60.14 a barrel, down 4.4%, the lowest intraday level since May 26; It fell as low as $60.01 during the session. The settlement price of Brent crude oil futures contract in August on the ICE Futures Exchange fell $2.80, or 4.4%, to $60.43 a barrel

Asian market: ethylene prices in Asia continued to rise, with CFR Northeast Asia rising $35 to $per ton and CFR Southeast Asia reporting $per ton

II. Manufacturer dynamics:

Sinopec North China branch LLDPE inventory is general, and now it is listed for sale. 9086 is newly listed at 10000 yuan/ton

Guangzhou Petrochemical LLDPE plant produces 2001 and 7042. Ex factory price: 7042/2001, the ex factory price is 10000/10050 yuan/ton. The inventory is general, and now it is listed for sale

PetroChina South China LLDPE has general inventory and is now priced for sale. Daqing 18D is out of stock

PetroChina East China LLDPE inventory is low, and now LLDPE is priced for sale

the linear unit of Zhongyuan ethylene produces 7050. 7050/9050k is listed at 9950 yuan/ton in Central China of Sinopec and 9950 yuan/ton in North China. It is normally billed today, and the inventory is low

III. warehouse receipt dynamics

the main variety of China plastic warehouse receipt LLDPE ll0909 opened at 10050 yuan/ton, down 30 yuan/ton from the previous trading day. The latest trading volume was 70 tons, 10 tons less than that of the top trading day; The order volume was 280 tons, an increase of 20 tons over the previous trading day. The latest price of ll0907 was 10015 yuan/ton, down 65 yuan/ton from the previous trading day

IV. market conditions:

the listing price of China Plastics spot Mall () LLDPE has remained basically stable, and only some brands have increased by yuan/ton. Lldpe/ll0209aa/Shanghai Secco reported 10450 yuan/ton, up 100 yuan; Lldpe/ylf-1802/Yangzi Petrochemical reported 10080 yuan/ton, although foreign research units or manufacturers, including Belgium intercollegiate Electronic Research Center (IMEC), have invested 113 yuan in R & D

the market quotation of Zhongyuan LLDPE is not much. The quotation of some merchants adheres to the level of yesterday afternoon, with 7050 at 9900 yuan/ton and 9050k at 9850 yuan/ton, but the current price lacks the support of transaction

the PE market quotation in Beijing is basically stable, and some businesses offer 50 yuan/ton lower than yesterday in order to seek a deal. However, due to the small market supply, the price is not the most direct, simple and economic approach, and there is no obvious decline. However, the morning inquiry was obviously affected by the continuous decline of crude oil. The inquiry was relatively light, and there were few transactions temporarily

the PE market quotation of Qilu Chemical City fell slightly, and each brand fell slightly by about 50 yuan/ton. The decline of crude oil affected the market inquiry price. 7042 tax free at 9200 yuan/ton

Tianjin PE market merchants actively shipped, crude oil fell continuously, the market inquiry atmosphere was affected, and the price was slightly loosened, with a range of 50 yuan/ton. However, due to the small supply, the price did not fall significantly

the PE market in Hangzhou is stable, with light inquiries and fewer transactions, but traders still insist on high quotations. Cost is the biggest hidden worry now, and the small supply of goods also strongly supports the linear price

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