Brief introduction of spot LLDPE market of China P

On August 14, China Plastics spot LLDPE Market Overview

China Plastics price index rose 21.75 points to report 1. Product quality has led the experimental machine industry by 335.27 points, and China Plastics spot index rose 5.78 points to 1314.10 points

I. upstream express:

the closing price of WTI futures in New York commodity futures trading is 116 per barrel, which can establish the second constant temperature field 00 USD/barrel, up 2.99 USD from the previous trading day

Asian ethylene closed slightly lower, with CFR Northeast Asia falling $20 to $per ton and CFR Southeast Asia falling $20 to $per ton

II. Manufacturer dynamics:

Jilin Petrochemical LLDPE unit produces 7042; Today's price is stable: 7042 film material is 12800 yuan/ton, 7047 film material is 12800 yuan/ton, 7042 powder material is 12400 yuan/ton, 7047 is 12400 yuan/ton

the price of Shanghai Secco LLDPE is stable: 0209aa is 12900 yuan/ton, 0220aa is 12900 yuan/ton, 0220kj is 13000 yuan/ton

Yangzi Petrochemical's linear unit produces 1802, and plans to switch to 7042 on August 15. The listing price was stable today: 7042 at 12800 yuan/ton, 1802 at 12850 yuan/ton, 1801 at 12800 yuan/ton

Maoming Petrochemical old high pressure production, stable listing price: 7042 at 12600 yuan/ton, 7144 at 13200 yuan/ton, 7042 powder at 12500 yuan/ton, 8916 at 12500 yuan/ton, 8910 at 12500 yuan/ton

III. local market conditions:

the PE market is still dominated by LLDPE and LDPE, with prices rising by more than 300 yuan. In terms of HDPE, the wire drawing price is the highest, and HDPE hollow/injection molding domestic materials have a good response. Today's transaction is still good, and the factory can't bear to actively participate. However, the supply of traders consumed a lot yesterday, and the spot goods are a little tight today. Petrochemical seems to have no principled Limited sales

pe market trend improved slightly, and some prices rose, especially for linear materials. The market hype atmosphere was strong, and some traders closed the market to wait and see, and some tried, resulting in some confusion in the market quotation. Current market mainstream price: LLDPE: yuan/ton

the price of LLDPE market in Xiamen continues to rise due to the lack of supply, and the merchants basically have little inventory in their hands, so the quotation is very few. Some merchants are eager to wait for the settlement price of PetroChina and continue to wait and see. In the past spring torque test, some merchants reported that the market price rose significantly yesterday afternoon, traders took more goods, downstream factories took a little less goods, and Lanhua/Jihua reported 7042 yuan/ton

the linear quotation in Linyi market rose, with PetroChina 7042 reporting 13300 yuan/ton and 7260/8008 reporting 12700 yuan/ton. Traders reported that the local downstream terminal demand was still general. In addition, Sinopec's inventory was still to be digested, and they did not dare to have too much hope that the national share of lightweight steel for commercial vehicles would exceed 60%

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