Brief introduction of spot LLDPE market of China P

On October 29, China Plastics spot LLDPE market brief

China Plastics price index fell 15.68 points to 846.14 points, and China Plastics spot index fell 8.29 points to 1022.47 points

I. upstream express:

WTI futures closed at $62.73 per barrel in New York commodity futures trading, down $0.49 from the previous trading day

Asian ethylene fell sharply at the latest close, with CFR Northeast Asia falling $30 to $per ton and CFR Southeast Asia falling $30 to $per ton

II. Manufacturer dynamics:

Qilu Petrochemical LLDPE plant produces 7042. Today, the settlement/listing price was issued again. 7042 fell by 500 to 8300 yuan. The 1000 kilometer long pipeline connects chemical enterprises and trading companies into a huge network/ton, and qllp01 fell by 500 to 8300 yuan/ton in an effort to restore your economy. Less than 300 hours

Tianjin Lianhua LLDPE plant shut down for maintenance. Today, the settlement/hanging should adjust the guide wheel clearance price again, 9020 fell 500 to 8350 yuan/ton, 9085 fell 500 to 8300 yuan/ton, powder 1820 fell 500 to 8000 yuan/ton, powder 1875 fell 500 to 8000 yuan/ton

Zhongyuan Petrochemical LLDPE unit produced 7050, and the settlement/listing price was released again today. 9050k fell 600 to 8200 yuan/ton, 9088 fell 600 to 8200 yuan/ton, and 7050 fell 600 to 8200 yuan/ton

the ex factory price of Shanghai Secco LLDPE is stable: 0209aa is 8500 yuan/ton, 0220aa is 8500 yuan/ton, 0220kj is 8600 yuan/ton

III. local market conditions:

pe market continues to decline. Due to the large decline in the early stage, the North China market has limited room for decline today, which is generally flat with the East China market. In the East China market, competition between internal and external markets is looming. Domestic petrochemical and port inventories are high and prices are competitive with each other

pe market continued to fall. At present, the market atmosphere is low, the popularity is difficult to gather, the quotation of merchants is chaotic, and the actual transaction is a single negotiation. Most traders are bearish on the aftermarket and do not hesitate to sell at low prices. The demand of downstream factories continues to shrink, and the market sales pressure is great. Current market mainstream price: LLDPE: yuan/ton

Shunde LLDPE market continues to decline, with low demand and pessimistic traders. Guangzhou Petrochemical/Maoming 7042 reported 7500 yuan/ton, and Guangzhou Petrochemical reported 8000 yuan/ton in 2001. The above are tax exclusive quotations

Hangzhou LLDPE market quotation continues to decline, and merchants are pessimistic. PetroChina Jihua 7042 yuan/ton, 0209aa 8100 yuan/ton, 00220kj 8200 yuan/ton

the inquiry situation of Shanghai LLDPE market is acceptable, the quotation continues to decline, and there is a lack of substantive transactions. 7042 at 7800 yuan/ton, 0220kj at 8000 yuan/ton, 218w at 9600 yuan/ton, 1002kw at 8300 yuan/ton, 3305 at 8000 yuan/ton, 0218d at 7800 yuan/ton, uf414 at 8100 yuan/ton

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