Analysis of LLDPE price of plastic raw materials o

2022-08-19
  • Detail

On March 15, the price analysis of plastic raw material LLDPE

I. brief introduction of the market

at the time of the unloading of the impact testing machine

the market price continued to rise and fall, and some parts of the major regions linearly weakened by yuan/ton. Linear futures opened low and fluctuated widely, some petrochemicals rose and fell, the market trading was light, and merchants followed with cautious offers. However, the downstream demand continued to be weak, the enthusiasm for covering positions was not high, and the firm offer transaction was not good

II. Brief introduction to the upstream market

oil prices fell sharply on Monday. Crude oil futures on the New York Mercantile Exchange closed down 3.4% to $37.18 a barrel, and Brent crude oil futures, the world's largest ice futures exchange, closed down 2.1% to $39.53 a barrel

on Monday (March 14), the market price of ethylene in Asia was stable, and the price of CFR Northeast Asia remained stable to close at 1159 5 dollars/ton; CFR Southeast Asia prices remained stable at 1129 5 dollars/ton

III. local market prices

market quotations fluctuated slightly. The demand continues to be flat, and the firm offer is a single deal

PE prices in Shunde market were sorted out in intraday. Linear futures opened low, fluctuated upward, the market trading atmosphere was general, and merchants sold goods at a small margin. The downstream demand follows slowly, and the firm offer transaction focuses on negotiation

PE price in Guangzhou market was adjusted in a narrow range. Linear futures opened low and fluctuated. There were few market inquiries, and traders offered with them. The downstream receiving level is general, and the transaction is negotiated

PE prices in Zhengzhou market were mixed. Linear futures opened low and fluctuated, market inquiries were general, and traders shipped with the offer. The downstream demand is not followed up enough, and most of them are cautious

IV. in terms of the latest quotation

1. Petrochemical quotation

the listing price of PetroChina Southwest LLDPE was reduced. 7042 (Dushanzi Petrochemical) fell 100 yuan to 9050 yuan/ton, 7042 (Lanzhou Petrochemical) fell 100 yuan to 9050 yuan/ton, and 7042 (Sichuan Petrochemical) fell 100 yuan to 9050 yuan/ton

reliable data support is provided in terms of safety performance

the listing price of PetroChina South China LLDPE is stable, with 7042n (Lanzhou Petrochemical) reported at 9250 yuan/ton, 7042 (Fushun Petrochemical) reported at 9250 yuan/ton, and 7042 (Sichuan Petrochemical) reported at 9250 yuan/ton

the listing price of PetroChina North China LLDPE is stable, with 7042 (Daqing) at 9100 yuan/ton, 7042h (Lanzhou Petrochemical Corporation, which can complete the mechanical testing experiment of right angle fasteners and rotary fasteners) at 9200 yuan/ton, and 0209aa (Dushanzi Petrochemical Corporation) at 9100 yuan/ton

2. Mall quotation

as of 15:00, the quotation of individual brands of China Plastics spot LLDPE fell by 50 yuan/ton, and the lowest price of ll0220kj/Shanghai Secco was 9200 yuan/ton

v. future market forecast

due to the limited demand, the firm offer transaction is general. At present, the factory is cautious in purchasing, mainly with use and take. With the supply and demand basically stable, it is expected that the PE market will continue to fluctuate in a narrow range in the near future

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