The most popular LLDPE lacks message guidance, and

2022-07-26
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[LLDPE] lack of information guidance. Merchants are cautious in trading.

I. brief introduction to the market

pe market has not changed much as a whole. The crude oil fluctuates frequently, there are many uncertain factors in the peripheral economic environment, the market lacks clear information guidance, and most businesses are cautious in trading. Before the petrochemical manufacturers issue new price policies, they watch the market trend with a calm mind. Mainstream price: LDPE: yuan/ton, LLDPE: yuan/ton

II. Brief introduction to upstream markets

crude oil futures on the New York Mercantile Exchange (NYMEX) rose on August 14. The US retail sales data released earlier were better than market expectations, and the economic growth of major European economies in the second quarter was also higher than market expectations, which boosted the popularity of some commodity markets. NYMEX crude oil contract for September ended up 70 cents, or 0.8%, at $93.43 a barrel. Brent crude oil futures closed at a three-month high of $114.03 a barrel

on Tuesday (August 14), ethylene in Asia both rose, CFR Northeast Asia rose 20 to USD/ton, and CFR Southeast Asia rose 21 to USD/ton

III. local market conditions

today's LLDPE market quotation is strong. Merchants ship goods according to the market, the transaction atmosphere is general, and the downstream demand has not improved

the line type of Linyi is reported as high yuan/ton, the low pressure is stable, and the overall transaction is general. Zhenhai 7042 is tax-free 9800 yuan/ton, Daqing 5000S is tax-free 11400 yuan/ton, tax-free yuan/ton, 6084a is reported as 11050 yuan/ton, 8007 is reported as 10550 yuan/ton, Ex5 is tax-free 10050 yuan/ton, and 6098 is tax-free 10400 yuan/ton "

the development of paper products in Qingdao is bound to be unstoppable. Most of the PE quotations are stable. Traders mainly ship goods. 3305 is quoted at 10350 yuan/ton, 1810s1 is taxless at 9530 yuan/ton, 7000F is quoted at 10650 yuan/ton, 001hd is quoted at 10750 yuan/ton, Huangdao T10 is quoted at 11100 yuan/ton, 0030 is taxless at 9500 yuan/ton

the price of PE in Tianjin is mainly stable, and the market trading atmosphere is general. Tianjin 920nt/Saudi fd21h is reported at 10250 yuan/ton, 222wt goods are reported at 10450 yuan/ton, Shenhua 7042k is reported at 10300 yuan/ton, Jihua 7042 is reported at 7042 yuan/ton, 0209aa is reported at 10300 yuan/ton, 0218d is reported at 10300 yuan/ton, 1002yb is reported at 10500 yuan/ton, 6888 is reported at 10700 yuan/ton, and 4810 is reported at 10600 yuan/ton

IV. the latest quotation

1. Petrochemicals quotation

Yangzi Petrochemical LLDPE pricing Rose: 1801 rose 150 yuan/ton to 10400 yuan/ton, 1802 rose 150 yuan/ton to 10450 yuan/ton, and 7042 rose 150 yuan/ton to 10450 yuan/ton

the pricing of Guangzhou Petrochemical LLDPE is stable: 7042 membrane materials are reported as 10300 yuan/ton, and 2001 membrane materials are reported as 1350 yuan/ton

the pricing of Maoming Petrochemical LLDPE is stable: 7042 film is priced at 10250 yuan/ton, 7042 powder is priced at 9950 yuan/ton, and 7144 is priced at 10700 yuan/ton

2. As of 15:00, the main advantage of the computer tensile machine was the stable performance of China plastics. Some brands of spot LLDPE rose and fell, with a range of yuan/ton. Among them, 3305/Korea Hanhua lowest reported 10350 yuan/ton (up 50), dfdc-7050/Zhenhai Refining and chemical lowest reported 10350 yuan/ton (down 100), and dfda-7042/Dushanzi Petrochemical lowest reported 11300 yuan/ton (up 950)

v. future forecast

at present, under the situation that the European debt settlement process is stagnant and the film thickness measurement method (method a) gb/t 1764 ⑺ 9 (89) is not available, the prospect of the euro has been bearish by various institutions. The market fundamentals are poor, the downstream demand is subject to the macro-economy, the trading atmosphere is weak, and the merchants mainly ship according to the market. The demand has not improved for a long time, the outlook is pessimistic, and the transaction is subject to negotiation. Unless the petrochemical quotation continues to rise, the PE market will rise. Li expects that the market will maintain a stable consolidation pattern in the near future

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