Brief introduction of spot LLDPE market of China P

2022-08-15
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On October 27, China Plastics spot LLDPE market brief

China Plastics price index fell 18.33 points to 903.17 points, and China Plastics spot index fell 12.79 points to 1063.72 points

I. upstream express:

WTI futures closed at $64.15 per barrel in New York commodity futures trading, down $3.69 from the previous trading day

Asian ethylene fell sharply at the latest close. CFR Northeast Asia fell $110 to $per ton, and CFR Southeast Asia fell $110 to $per ton

II. Manufacturer dynamics:

Daqing Petrochemical linear device produces 8042kj. Today's listing price was reduced by 500 yuan/ton, 7042 film material to 9000 yuan/ton, 7042 powder material to 8800 yuan/ton, 7047 film material to 9000 yuan/ton, 70473.5.1 heating Ferrograph powder material to 8800 yuan/ton

Qilu Petrochemical LLDPE unit produced 7042, and its listing price was stable today, with 7042 at 9400 yuan/ton and qllp01 at 9400 yuan/ton

Tianjin Lianhua LLDPE plant shutdown and maintenance. The listing price was stable today, with 9020 at 9450 yuan/ton, 9085 at 9400 yuan/ton, powder 1820 at 9200 yuan/ton, and powder 1875 at 9200 yuan/ton

Zhongyuan Petrochemical LLDPE unit produces 7050, and its listing price is stable today, with 9050k at 9400 yuan/ton, 9088 at 9400 yuan/ton, and 7050 at 9400 yuan/ton

III. local market conditions:

the PE market continues to fall, and the price of 8000 yuan is being crossed. The sharp decline in crude oil and monomer prices continued to hit the market hard. In addition to a few cards, the trend of compounding, multifunctional and intelligent is still hovering above 9000, and below 9000 has become the absolute mainstream. At present, shipments in some regions are still good, but prices continue to decline

pe market has been going for a long time, and the market decline is difficult to stop. The market that lacks buying gas appears to be relatively fragile. In addition, the recent sharp decline in ethylene and external market prices and weak cost support have led to a fragmented market, and traders have no intention to operate, and have withdrawn from the market to wait and see. Current market mainstream price: LLDPE: yuan/ton

the market quotation of Shunde LLDPE continued to decline, the transaction situation was light, and the market wait-and-see atmosphere was stronger. Guangzhou Petrochemical 7042 reported 8200 yuan/ton, Maoming 7042 reported 8100 yuan/ton, Guangzhou Petrochemical 2001 reported 8600 yuan/ton, Maoming 7144 reported 10850 yuan/ton, all of which are tax exclusive quotations

the transaction in Tianjin LLDPE market was light, and the quotation continued to decline. SECCO 0220kj reported 9300 yuan/ton, 0220aa reported 9100 yuan/ton, and PetroChina 7042 reported 8500 yuan/ton

the market inquiry of Hangzhou LLDPE is OK, but the actual transaction of the pellet pressure tester for assaying is relatively small, and the quotation continues to decline. PetroChina 7042 is about 8500 yuan/ton, 1802 is 8600 yuan/ton, 0209aa is 8600 yuan/ton, and 0209kj is 8800 yuan/ton

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