Brief introduction of spot LLDPE market of China P

2022-08-16
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On December 26, China Plastics spot LLDPE market brief

China Plastics price index fell 0.01 points to 734.97 points, and China Plastics spot index fell 1.12 points to 889.28 points

I. upstream express:

WTI futures in New York commodity futures trading were closed for Christmas

Asian ethylene markets are closed

II. Manufacturer dynamics:

Yangzi Petrochemical LLDPE unit produces 7042, and daily price sales: 7042/1801 at 8500 yuan/ton, 1802 at 8550 yuan/ton. For the future development trend of new material industry, the ex factory price of Shanghai Secco LLDPE remained stable, with 0209aa at 8300 yuan/ton, 0220aa at 8300 yuan/ton, and 0220kj at 8400 yuan/ton

Zhongyuan Petrochemical LLDPE unit produces 7050, which is sold at a price of 8400 yuan/ton at 9050k today; 9088 RMB 8400/ton; The price of 7050 is 8400 yuan/ton

Qilu Petrochemical LLDPE unit produces 7042, which is priced for sale today, and qllp01 is set at 8400 yuan/ton; 7042 set 8400 yuan/ton

III. local market conditions:

due to the slowdown in demand, the price of imported materials has gradually declined. Although the price of domestic PE is supported by pricing, the transaction has slowed down significantly. Many traders follow the market and sell goods at low prices. The tension of injection molding has not eased, but the imported materials are still stable. There are many RMB pre-sale resources

pe market trading atmosphere is poor, prices fell slightly, traders lack confidence, do not care about the market, most wait-and-see. Current market mainstream price: LLDPE: yuan/ton

the market atmosphere of Shantou LLDPE continued to be cold, H0 was the height of the sample, the overall quotation maintained a downward trend, the mentality of merchants was depressed, the market continued to be bearish before New Year's day, and most goods were sold at low prices, but transactions were poor under weak demand. Guangzhou Petrochemical/Maoming 7042 tax free yuan/ton

Xiamen LLDPE then tightened the anchor nut. The market atmosphere was more desolate. There were fewer inquiries and it was difficult to conclude a deal. The quotation continued to decline in an all-round way. People on the floor were pessimistic and mainly sold at low prices. Guangzhou Petrochemical/Maoming 7042 goods are understated by 8200 yuan/ton, and Jihua/Lanhua 7042 goods are understated by 8200 yuan/ton. The above prices are tax inclusive

the high-pressure and linear quotation in Shunde LLDPE market continued to decline, the low-pressure basically remained stable, the market atmosphere continued to be depressed and desolate, and there were almost no takeovers in the downstream, and transactions were more rare. Guangzhou Petrochemical 7042 quoted 7700 yuan/ton, Maoming 7042 quoted 7750 yuan/ton, all of which are tax exclusive quotations

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