Brief introduction of spot LLDPE market of China P

2022-08-20
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On May 22, the China Plastics price index rose 9.96 points to 1389.11 points, and the China Plastics spot index rose 1.78 points to 1329.21 points

I. upstream express:

WTI futures closed at $123.17 per barrel in New York commodity futures trading, up $4.10 from the previous trading day

the latest close of Asian ethylene was stable, with CFR Northeast Asia reporting US dollars/ton and CFR Southeast Asia reporting US dollars/ton

II. Manufacturer dynamics:

Shanghai Secco LLDPE device produces 0209aa; Today's price: 0209aa at 14100 yuan/ton, 0220aa at 14100 yuan/ton, 0220kj at 14200 yuan/ton

1802 produced by Yangzi Petrochemical LLDPE unit; Today's price: 7042 at 14050 yuan/ton, 1802 at 14100 yuan/ton, 1801 at 14050 yuan/ton

Qilu Petrochemical LLDPE plant produces 7042; Today's ex factory price: 7042 at 14000 yuan/ton, qllp01 at 14000 yuan/ton

Tianjin United LLDPE plant produces 9020. Today's price: 9020 is 14050 yuan/ton, 1820 is 13850 yuan/ton, 9085 is 14000 yuan/ton, 1875 is 13850 yuan/ton

III. local market conditions:

crude oil soared above $133, which immediately dissipated the faint signs of decline in the PE market. Although the market did not rise in the morning and the transaction was very light, most traders in the market continued to be bullish in the future. It is expected that the market will rise again when the transaction is stronger or the petrochemical industry has the news of another rise. The transaction of LLDPE in the morning was not ideal

pe market is basically in a high consolidation situation, and the situation of flat transactions is still difficult to change for the time being. Stimulated by the repeated record highs of crude oil, the upstream market has become stronger, while the downstream market has become more depressed. In the face of the rising market, most downstream factories have basically no say. Most downstream factories are looking for low-end sources of goods or choosing alternative varieties, thus forming a situation of high prices and volume contraction. Mainstream market price: LLDPE: yuan/ton

the linear quotation in Tianjin market has weakened slightly. 9020 has no tax of 13370 yuan/ton, including tax of 14100 yuan/ton, and PetroChina 7042 has no tax of 13390 yuan/ton. Most businesses still adhere to the quotation of 14250. 0218d has no tax of 13260 yuan/ton, 15803 has no tax of 13250 yuan/ton, and the safety is better than the traditional body structure/ton. PetroChina new high voltage reports 14150 yuan/ton, 5000S reports 14100 yuan/ton, 5300b reports 14100 yuan/ton, and 9455f reports 14050 yuan/ton

today, the local quotation in Changzhou is still stable, the market is obvious, and the transaction atmosphere has not improved significantly. You should carefully read the instruction manual before use. Oil 7042 is reported at about 14350 yuan/ton, and Yangzi 7042 is reported at 14300 yuan/ton

the market price in Linyi is weak, and the line shape is slightly weaker today. Yangzi 7042 is tax-free 13400 yuan/ton, 1802 has not arrived yet, and Zhongyuan 7050 is tax-free 13520 yuan/ton

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