Analysis of LLDPE price of plastic raw materials o

2022-08-03
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Analysis of LLDPE price of plastic raw materials on January 21

I. brief introduction to the market

pe market prices are mostly sorted out, and some fluctuate in a narrow range. Linear futures opened high and fluctuated, but most factories left the market for holidays one after another, and the market trading enthusiasm was weak, which led to poor shipment of merchants and some small margin of profit. However, downstream enquiries were light and firm offers were few

II. Brief introduction to the upstream market

oil prices accelerated their decline on Wednesday. The settlement price of light and low sulfur crude oil futures for February delivery on the New York Mercantile Exchange fell by $1.91 to $26.55/barrel. The settlement price of the global benchmark Brent crude oil futures on the European ICE Futures Exchange fell 88 cents, or 2.9%, to $27.88/barrel

on Wednesday (January 20), the market price of ethylene in Asia fell, and the price of CFR Northeast Asia fell by US $15 to close at 974 USD 5/ton; CFR Southeast Asia prices fell $15 to close at 984 5 dollars/ton

III. local market conditions

market quotation is stable and small. The demand continues to be flat, and the firm offer transaction is a single negotiation

PE prices in Guangzhou market were adjusted in a narrow range. Linear futures rose higher, enquiries were mediocre, and traders offered in line with the market. The terminal demand is not good, and the downstream manufacturers take the goods carefully and negotiate with the firm

the PE price in Shunde market is mainly hygroscopic large grid finishing. Linear futures open high and fluctuate, and the merchants' mentality is stable. They ship goods according to the market. The downstream demand follows up slowly, and the transaction is negotiated

the LLDPE price in the Central Plains market is slightly loose. Although the linear futures opened higher and fluctuated higher, the market trading was weak, and the merchants accompanied them made a small profit to ship. The terminal demand gradually weakened, and there were few firm offers

IV In terms of the latest quotation,

PetroChina South China kneath said: "we can reduce the cost, improve the material properties and shorten the delivery cycle. The listing price of LLDPE is stable, with 7042 (Fushun Petrochemical) at 8800 yuan/ton, 7042 (Sichuan Petrochemical) at 8700 yuan/ton, and 7042n (Lanzhou Petrochemical) at 8800 yuan/ton.

the listing price of PetroChina North China LLDPE is stable, with 7042h (Lanzhou Petrochemical) at 8700 yuan/ton, 0209aa (Dushanzi Petrochemical) at 8600 yuan/ton, and 7042 (Daqing) Quote 8600 yuan/ton

the listing price of PetroChina Southwest LLDPE is stable, with 7042h (Lanzhou Petrochemical) reporting 8650 yuan/ton, 7042 (Sichuan Petrochemical) reporting 8550 yuan/ton, and 7042 (Dushanzi Petrochemical) reporting 8550 yuan/ton

v. future market forecast of operation process of hydraulic pressure testing machine

limited market resources support the market. As the Spring Festival approaches, downstream factories will have holidays one after another, with limited demand release. It is expected that after the short-term experiment, it will be very easy to loosen the horizontal consolidation of the PE market, and the trading atmosphere will gradually fade

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