Hottest price of plastic raw material HDPE on may2

  • Detail

On May 20, 2016, the price analysis of HDPE as a plastic raw material

I. brief introduction to the market

pe market quotation has not changed much. The ex factory prices of some petrochemical enterprises have slightly decreased, the market response is not obvious, the downstream demand is low, the transaction is bad, and the traders mainly ship goods, but the delivery is slow

II. Brief introduction to the upstream market

crude oil futures closed slightly lower on Thursday. The settlement price of light and low sulfur crude oil futures for delivery in June on the New York Mercantile Exchange fell by 3 cents to $48.16/barrel, or 0.1%. The settlement price of the global benchmark Brent crude oil futures on the European ICE Futures Exchange fell 12 cents, or 0.2%, to $48.81/barrel

on Thursday (May 19), the price of ethylene in Asia was stable, and the price of CFR Northeast Asia was stable and closed at 1179 USD 5/ton; CFR Southeast Asia prices held steady at 1139 5 dollars/ton

III. local market prices

market quotations have stabilized. The demand continues to be flat, and the firm offer transaction is a single negotiation

Lanzhou market is dominated by PE price consolidation, and the market trading atmosphere is weak. A small number of customers replenish an appropriate amount of goods, and the carrier ships with them. The transaction part can be negotiated. In Linyi market, PE offers were mainly sorted out, and the mainstream trading atmosphere in the market was flat. The mentality of the merchants was relatively calm, and the accompanying shipments were mainly carried out

the price of PE market in Nanjing was adjusted in a narrow range. Near the weekend, traders' willingness to offer price adjustment is not high, mainly weak

IV. in terms of the latest quotation

1. Petrochemical quotation

PetroChina South China HDPE partial listing price adjustment, 2911 (Fushun Petrochemical) reported 9100 yuan/ton, 6097 (Daqing Petrochemical is the content that changes the operating principle of the experimental machine), fell 50 yuan to 9100 yuan/ton, and 8008 (Dushanzi Petrochemical) fell 100 yuan to 8800 yuan/ton

individual pricing of CNPC East China HDPE was lowered. The 945 new material industry development system was basically completed. 5f1 (Sichuan Petrochemical) fell by 100 yuan to 8900 yuan/ton, 8008 (Dushanzi Petrochemical) to 9000 yuan/ton, and 2911 (Fushun Petrochemical) to 9000 yuan/ton

the listing price of PetroChina Southwest HDPE is stable. 5502 (Dushanzi Petrochemical) is reported at 9400 yuan/ton, 2911 (Fushun Petrochemical) is reported at 910 yuan/ton. At present, there are many tensile testing machines used to test the tensile properties of materials on the market at 0 yuan/ton, and 5000S (Daqing Petrochemical) is reported at 9550 yuan/ton

2. Quotation of the mall

as of 15:00, the quotation of individual brands of HDPE in China Plastics spot has increased by 100 yuan/ton, and the lowest quotation of dmda-8008/Dushanzi Petrochemical is 9300 yuan/ton

v. future forecast

the supply and demand fundamentals have not changed much, the spot market lacks clear information guidance, the wait-and-see mood is strong, the terminal demand is insufficient, and the trading atmosphere is slightly deadlocked. It is expected that the market in the near future may be stable in the large market and adjusted in the small market

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