Brief introduction of spot LLDPE market of China P

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On February 19, China Plastics spot LLDPE market brief

China Plastics price index fell 1.17 points to 791.45 points, and China Plastics spot index fell 3.80 points to 900.73 points

relevant data show that 1. Upstream express:

West Texas light oil March futures on the New York Mercantile Exchange were $34.62 a barrel, down $0.31 from the previous trading day, with a trading range of 34 At $22, Brent crude oil fell $1.48/barrel to $39.55/barrel

Asian market: Asian ethylene recently closed steady, CFR Northeast Asia reported US dollars/ton, CFR Southeast Asia reported US dollars/ton

II. Manufacturer dynamics:

Sinopec Wuhan LLDPE price reduction listing: 7042 (Maoming Petrochemical) at 9000 yuan/ton, 7050 (Zhongyuan ethylene) at 9000 yuan/ton

PetroChina East China LLDPE is listed for sale: 7042 (Jihua/Daqing) is 8950 yuan/ton, 7042/7042n (Lanhua) is 8950 yuan/ton

the LLDPE unit of Yangzi Petrochemical produces 7042; The quotation is temporarily stable: 7042 at 9300 yuan/ton, 1801 at 9300 yuan/ton, 1802 at 9350 yuan/ton

Qilu Petrochemical LLDPE plant produces 7042, and the plant is scheduled to be overhauled in April for one month; Delay settlement and continue listing: qllp01 is at 9000 yuan/ton and 7042 is at 9000 yuan/ton

III. market situation:

Petrochemical was fully listed, and the market situation was chaotic. In the morning, the LLDPE price plummeted, with the highest decline. The raw materials of Pu layer adopted by directcoating did not have a fire resistance limit of less than 1.6 hours) containing any solvent of 200 yuan/ton, the transaction was still weak, and the buyer's purchase level was low

affected by the continuous decline of oil prices and the price reduction and listing of some PetroChina and Sinopec in the PE market of China Plastic City, market confidence was frustrated. Sellers shipped and cashed out one after another, and the quotation fell in chaos, but the intention of middlemen and downstream factories to take over the offer was not high. Mainstream market price: LLDPE: yuan/ton, plastic injection: yuan/ton, film material: yuan/ton, hollow material: yuan/ton

according to the market quotation of Shunde LLDPE, there may be a test piece broken down in the confusion of the weld, and the on-site wait-and-see is still going on. There are few transactions. SINOPEC Guangzhou/Maoming reported 7042 yuan/ton, Sinopec Guangzhou reported 8150 yuan/ton in 2001, 218w/1002kw reported 8100 yuan/ton, all of which are tax exclusive quotations

Shantou LLDPE market quotation fell in confusion, and the merchants began to panic. People on the floor still actively sought to make a deal, with Guangzhou Petrochemical/Maoming 7042 no tax declaration yuan/ton, Guangzhou Petrochemical 2001 no tax declaration yuan/ton, Jihua/Lanhua 7042 no tax declaration yuan/ton, 218w no tax declaration 8100 yuan/ton, 1002kw no tax declaration 8200 yuan/ton

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