Hottest price of plastic raw materials LLDPE on Ma

2022-08-07
  • Detail

On May 4th, 2016, the price analysis of plastic raw materials LLDPE

I. brief introduction to the market

most of the market prices fell, and the linear price fell by yuan/ton. Linear futures opened at a low price and suffered a weak shock, and most petrochemicals lowered their ex factory prices. Merchants were not confident in the future market, and most of them followed the decline. The downstream receiving intention continued to be weak, with the main trend of "take as you use"

II. Brief introduction to the upstream market

the oil price fell on Tuesday. The settlement price of light and low sulfur crude oil delivered in June on the New York Mercantile Exchange fell by $1.13 to $43.65 a barrel. The holding power of the falling sample will change by 2.5% with wear. London Intercontinental Exchange (ice) Brent crude oil futures fell 86 cents, or 1.9%, to $44.97 a barrel. Plastic materials due to its lighter quality

on Tuesday (May 3), the price of ethylene in Asia was stable, and the price of CFR Northeast Asia was stable to close at 1189 USD 5/ton; CFR Southeast Asia prices held steady at 1144 5 dollars/ton

III. local market prices

part of market quotations declined. The demand continues to be flat, and the firm offer transaction is a single negotiation at present

the price of PE in Xiamen market has weakened. Linear futures opened lower and fell, and petrochemical enterprises lowered the ex factory price, the market lost support, and merchants followed the decline to ship. The downstream demand is flat, and the transaction is mainly just needed

PE prices in Guangzhou market continued to fall. Linear futures continued to weaken, and some petrochemicals lowered their ex factory prices, which affected the mentality of the industry. Businesses followed the decline. The downstream follow-up was slow and the transaction was negotiated

PE prices in Changzhou market continued to decline. The low opening of linear futures fluctuated downward. In addition, petrochemicals lowered the ex factory price, which dampened the market trading atmosphere. Traders sold goods at a small margin. There is insufficient follow-up of terminal demand, and the transaction is subject to single negotiation

IV. in terms of the latest quotation,

PetroChina East China LLDPE lowered its pricing. 7042 (Dushanzi) fell by 100 yuan to 8850 yuan/ton, 7042 (Daqing) fell by 100 yuan to 8850 yuan/ton, and 7042n (Fushun) fell by 100 yuan to 8850 yuan/ton

the listing price of PetroChina South China LLDPE is stable, with 7042n (Lanzhou Petrochemical) reporting 9200 yuan/ton, 7042 (Sichuan Petrochemical) reporting 9200 yuan/ton, and 7042 (Fushun Petrochemical) reporting 9250 yuan/ton

the listing price of CNPC North China LLDPE was lowered. 7042 (Daqing) fell 100 yuan to 8800 yuan/ton, 0209aa (Dushanzi Petrochemical) fell 100 yuan to 8700 yuan/ton, and 7042n (Lanzhou Petrochemical) fell 100 yuan to 8800 yuan/ton

v. aftermarket forecast

downstream factories are not enthusiastic about purchasing. They maintain on-demand purchasing and wait-and-see aftermarket. In addition, at the beginning of the month, restrained by the decline of crude oil and PP futures, the overall market atmosphere is slightly dull, and it is common for traders to sell goods at a small margin. It is expected that if there is no strong news to boost in the short term, the PP market may also fluctuate slightly in the consolidation

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