Brief introduction of spot LLDPE market of China P

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As of 10 a.m. on September 9, 2009, China plastic price index rose 6.24 points to 974.65 points, and China plastic spot index fell 2.18 points to 1026.31 points

I. upstream dynamics:

the settlement price of October light and low sulfur crude oil futures on the New York Mercantile Exchange rose $3.08 to $71.10 a barrel, or 4.5%, the highest settlement price since August 28. Brent crude oil futures contract on ice futures exchange closed up $2.89, or 4.3%, to $69.42 a barrel

II. Manufacturer dynamics:

PetroChina East China LLDPE inventory is low, and is now listed for sale. Jilin/Daqing 7042 reported 10600 yuan/ton, Lanzhou Petrochemical 7042 reported 10600 yuan/ton

the export volume of PetroChina northeast LLDPE inventory in the first nine months increased by 30%, and it was listed for sale today. Daqing 7042 reported 10400 yuan/ton, and Daqing 7047 reported 10100 yuan/ton

the LLDPE inventory of Sinopec North China branch is normal, and now it is listed for sale. Qilu Petrochemical 7042 reported 10400 yuan/ton, and Tianjin United 9020 reported 10350 yuan/ton

Zhongyuan Petrochemical LLDPE unit produces 70507050, the ex factory price is 10300 yuan/ton, and the current inventory is normal

the LLDPE unit in Tianjin United plant currently produces 9020, and it is reported that it plans to schedule production to around the 20th. 9020 is 10350 yuan/ton, 9085 is 10300 yuan/ton, 1820 is 9750 yuan/ton, 1875 is 9700 yuan/ton, which are listed for sale

Yangzi Petrochemical's LLDPE inventory is general, and some are listed for sale. Device production 1802. 7042 reports 11000 yuan/ton, 1802 reports 11000 yuan/ton

III. warehouse receipt dynamics:

the main variety of China plastic warehouse receipt LLDPE ll0910 opened at 10450 yuan/ton, up 96 yuan/ton from the previous trading day. The latest trading volume was 45 tons, down 20 tons from the previous trading day; The order volume was 580 tons, down 15 tons from the previous trading day. The latest price of ll0910 was 10366 yuan/ton, up 12 yuan/ton from the previous trading day

IV. market conditions:

the listing price of China Plastics spot mall LLDPE was mainly stable this morning, and a few brands made upward adjustments, with increases ranging from yuan/ton, and individual brands fell by 250 yuan/ton. Lldpe/dfda-7042/Lanhua Petrochemical reported 11000 yuan/ton, up 450 yuan/ton. Lldpe/dfda-7042/Daqing Petrochemical reported 10600 yuan/ton, up 50 yuan/ton. Lldpe/dfda-7050/Zhongyuan ethylene reported 10600 yuan/ton, up 50 yuan/ton. Lldpe/7042n/Lanzhou Petrochemical reported 10400 yuan/ton, down 250 yuan/ton

the supply of goods in Zhongyuan LLDPE market is general. Driven by the sharp rise in crude oil, the quotation of pw4084 and pw4168 engines adopts pr500 epoxy resin to manufacture fans. Ogv150 yuan/ton, 7050 tax included 10200 yuan/ton, and no transaction has been heard for the time being

the PE market atmosphere in Qilu Chemical City improved, and the overnight crude oil futures soared. Merchants then naturally cooled to room temperature in the still air, and their mentality improved. In addition, LLDPE futures rose sharply at the opening, and the downstream/middlemen's intention to take over the offer increased. LLDPE rose by 50 yuan/ton, and most merchants were mainly active in shipping. 7042 tax free at 9650 yuan/ton

the supply of PE market in Linyi is general, driven by crude oil and futures, the linear test is reported as high as yuan/ton, and the transaction situation is uncertain. 7042 is quoted at 9950 yuan/ton, 1802 at 10000 yuan/ton, and 7050 at 9800 yuan/ton

the merchants in Guangzhou PE market temporarily maintain a stable quotation and wait for the downstream acceptance. The downstream temporary inquiry is general. Merchants are cautious about the sharp rise in crude oil and LLDPE futures. Lanzhou 7042/7042n is 10200 yuan/ton

the gloomy atmosphere in Shantou PE market is difficult to change, the price has stopped falling and stabilized, and the inquiry of downstream factories is poor. Businesses are worried about the impact of Fujian United's new production capacity, Take more goods actively "Haier New materials has developed and launched global low VOC products, spray free and electroplating replaceable series of materials in the past two years. For the time being, the transaction atmosphere is general, and market participants are still cautious and optimistic. Maoming Petrochemical 7042 is 9850 yuan/ton, excluding tax.

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