The hottest spot LLDPE market of China Plastics on

2022-09-30
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On December 5, China Plastics spot LLDPE market brief

China Plastics price index fell 12.49 points to 733.03 points, and China Plastics spot index fell 1.95 points to 910.57 points

I. upstream express:

WTI futures closed at $43.67 per barrel in New York commodity futures trading, down $3.12 from the previous trading day

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:

Guangzhou Petrochemical LLDPE unit first-line production 7042, first-line production 2001, today's listing price is stable, 7042 is 8050 yuan/ton, and 2001 is 8100 yuan/ton

Maoming Petrochemical LLDPE plant produces 7042. The listing price remained stable today: 7042 was at 8000 yuan/ton, and 7042 powder was at 7500 yuan/ton

Yangzi Petrochemical LLDPE unit produces 7042, and the listing price is stable today: 7042/1801 at 8000 yuan/ton, 1802 at 8050 yuan/ton

Shanghai Secco LLDPE plant will be shut down for several days. 0209aa is 8200 yuan/ton, 0220aa is 8100 yuan/ton, 0220kj is 8200 yuan/ton

III. local market conditions:

under the general environment of global economic weakness, the crude oil is unstable and the downstream demand continued to be depressed about 75 years ago. The domestic PE market followed the shock, but the market supply is not much, supporting the market shock and the downward range is limited; Businesses are mainly tired and wait-and-see, and they are still cautious about the future market

pe market atmosphere is weak, and the quotation is down. The market is obviously on the sidelines, the overall inquiry remains light, the actual transaction is mainly negotiation, and businesses pay more attention to the follow-up policy trends of petrochemical. Current market mainstream price: LLDPE: yuan/ton

Hangzhou LLDPE market quotation continued to decline, and the transaction was mainly negotiation. PetroChina reported 7042 yuan/ton, Yangzi 7042/0220kj reported yuan/ton

the quotation of Guangzhou LLDPE market fell slightly, the inquiry was still light, and the transaction was rare. Guanghua Petrochemical/Maoming 7042 reported 8200 yuan/ton, Guanghua Petrochemical with fewer financing channels reported 8200 yuan/ton in 2001, all of which are tax inclusive prices for seven years of college

under the chaotic quotation of Shanghai LLDPE market, the consumption of plastic bags is still large, and unqualified products are still flowing in the market, so it is obvious to wait and see. CNPC reported 7042 yuan/ton and 0220kj 8700 yuan/ton

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