Brief introduction of spot LLDPE market of China P

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On November 17, China Plastics spot LLDPE Market Overview

China Plastics price index rose 14.74 points to 760.80 points, and China Plastics spot index fell 1.85 points to 914.55 points

I. upstream express:

the closing price of WTI futures in New York commodity futures trading was $58.24 per barrel, up $2.08 compared with a detailed introduction made by researchers in a paper in Angewandte Chemie magazine

the latest close of Asian ethylene was stable, with CFR Northeast Asia reporting US dollars/ton and CFR Southeast Asia reporting US dollars/ton

II. Manufacturer dynamics:

Maoming Petrochemical LLDPE unit produces 7120. The listing price was stable today: 7042 to 7500 yuan/ton, 7042 powder at 6800 yuan/ton

the first-line production of Guangzhou Petrochemical LLDPE plant is 7042, and the first-line production is 2001. Today, the listing price is stable, 7042 is 7550 yuan/ton, and 2001 is 7600 yuan/ton

Qilu Petrochemical LLDPE unit produced 7042, and its listing price remained stable today, with 7qllp01 at 8200 yuan/ton and 7042 at 8200 yuan/ton

Tianjin Lianhua LLD stopped the PE plant for maintenance by promoting the three-dimensional cooperation of production, learning and research. The listing price is stable today, with 9020 at 8250 yuan/ton, 1820 at 7900 yuan/ton, 9085 at 8200 yuan/ton, and 1875 at 7900 yuan/ton

III. local market conditions:

with the rise of the futures limit, petrochemical continued to push up the price, and the market began to rise again after a short adjustment over the weekend. At noon, the linearity is basically above 9000 yuan/ton. Qilu linear devices in North China will not be scheduled until the end of the month, pushing up the market atmosphere in North China

pe market prices rose disorderly, traders stopped selling one after another, and the market hype atmosphere was strong, prompting the market atmosphere to become increasingly active. Although bulk transactions were still rare, sporadic bulk cargo transactions were good, and low-end sources of goods were particularly popular. Current market mainstream price: LLDPE: yuan/ton

the quotation of Guangzhou LLDPE market is chaotic, there are few inquiries, and the transaction atmosphere is general. Under the influence of the rise of PetroChina South China listing in the morning, it is expected that Sinopec Guangzhou PE will also adjust the price, so the market wait-and-see atmosphere is strong. Guangzhou Petrochemical 7042 reported 8600 yuan/ton, and Maoming 7042 was out of stock. The above prices are tax inclusive

the local LLDPE market in Zhongyuan is not much for the time being. At the weekend, the price of 7050 excluding tax is about 8500 yuan/ton. There are not many inquiries today, and the price may continue to fall

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