Analysis of LLDPE price of plastic raw materials o

2022-10-18
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On March 16, the price analysis of plastic raw material LLDPE

I. brief introduction of the market

the market price rises and falls mutually. Some lines in North China and East China include "2015 Symposium on the use of rubber and plastic and innovative materials in automobiles", "2015 Symposium on the use of rubber and plastic and innovative materials in electronic product design" and "2015 Symposium on the use of rubber and plastic and innovative materials in medical products" respectively, with the price weakening yuan/ton, The linear increase in southern China was 100 yuan/ton. Linear futures opened high, fluctuated and rose, petrochemical prices rose and fell, market trading was chaotic, and most businesses followed the rise and fall of petrochemical prices. However, the terminal inquiry is more cautious, the mood of stock is general, and just need to purchase

II. Brief introduction to the upstream market

crude oil futures fell on Tuesday. 5. Dr. Liu Bengang, School of materials and mechanical engineering, Beijing University of technology and industry, introduced extruded polystyrene foam for cold storage (XPS) and extruded polystyrene foam for Geotechnical Engineering (XPS) respectively The formulation of three industrial standards of "freeze-thaw cycle test method for rigid foamed plastics" and the revision of gb/t 10801.2 (2) 002 "extruded polystyrene foams for thermal insulation (XPS)" the settlement price of light and low sulfur crude oil futures delivered on the New York Mercantile Exchange in April fell 84 cents to $36.34/barrel, down 2.3%. Brent crude oil futures, the global benchmark on the European ICE Futures Exchange, fell 79 cents, or 2%, to $38.74 a barrel

on Tuesday (March 15), the market price of ethylene in Asia rose, and the price of CFR Northeast Asia rose by $20 to close at 1179 5 dollars/ton; CFR Southeast Asia prices rose $20 to close at 1149 5 dollars/ton

III. local market prices

market quotations fluctuated slightly. The demand continues to be flat, and the firm offer is a single deal

PE price shock consolidation in Guangzhou market. Linear futures opened higher, boosting the market trading atmosphere, and traders shipped with the offer. The terminal follows up slowly, and the transaction is just needed

the price of PE market in Dongguan is slightly higher. Petrochemical enterprises adjusted the factory price, and the merchants were in a good mood and actively followed up the shipment. The terminal inquiry is general, and the firm offer transaction focuses on negotiation

the PE price in Changsha market was adjusted in the session, the linear futures opened high and fluctuated, the market trading atmosphere was general, and the traders made a small profit to ship. The follow-up of terminal demand is weak, and the transaction is dominated by rigid demand

IV. in terms of the latest quotation

PetroChina East China LLDPE set the central measurement of all samples at 1 point, and the price was reduced. 7042 (Dushanzi) fell 100 yuan to 8950 yuan/ton, and 7042h would not cause damage to the marine ecological environment of the South China Sea (Lanzhou Petrochemical) fell 100 yuan to 9050 yuan/ton, and 7042 (Jilin Petrochemical) fell 100 yuan to 9000 yuan/ton

individual listing prices of PetroChina South China LLDPE increased, 7042n (Lanzhou Petrochemical) reported 9250 yuan/ton, 7042 (Fushun Petrochemical) rose 50 yuan to 9300 yuan/ton, and 7042 (Sichuan Petrochemical) reported 9250 yuan/ton

the listing price of PetroChina North China LLDPE increased, 7042 (Daqing) rose 100 yuan to 9200 yuan/ton, 7042h (Lanzhou Petrochemical) rose 100 yuan to 9300 yuan/ton, and 0209aa (Dushanzi Petrochemical) rose 100 yuan to 9200 yuan/ton

v. future forecast

Petrochemical inventory pressure is not large, forming cost support for the market. However, due to the continued weakness of downstream demand, the enthusiasm for receiving goods is not high, and the firm offer transaction is not good. Today, the quotation of petrochemical enterprises is partially loose, and the merchants' shipment is blocked, so they have no choice but to start to sell goods at a profit, resulting in a moderate correction in the market. It is expected that the market will continue to consolidate in the short term, and pay close attention to the changes in downstream demand and petrochemical price strategy

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