echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > After the holiday, the polyethylene market is still likely to fall slightly

    After the holiday, the polyethylene market is still likely to fall slightly

    • Last Update: 2022-12-20
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    On the last trading day of December, the main contract L2105 of Da Shang opened at 7575 yuan / ton, the highest intraday touched 7735 yuan / ton, the lowest test was 7505 yuan / ton, and the close was 7720 yuan / ton, up 205 yuan / ton, or 2.
    73%.

    Total lots 275338 lots, 226111 positions
    .

    Spot market: The domestic PE market fluctuated
    in a narrow range during the day.
    In terms of petrochemicals, Sinopec's high pressure price in North China fell by 100-250 yuan / ton, the low pressure price at the beginning of the month was stable, tomorrow it fell by 100-200 yuan / ton, the linear price at the beginning of the month was stable, tomorrow it fell by 100-150 yuan / ton, in East China Sinopec low pressure part fell by 100-200 yuan / ton, linear sibre fell by 150 yuan / ton, in South China Sinopec high pressure fell by 200 yuan / ton, linear at the beginning of the month fell by 50-400 yuan / ton, and low pressure fell by 100-300 yuan / ton.
    Sinopec linear reduction of 50-100 yuan / ton in central China, 100-300 yuan / ton in high-pressure part, 200 yuan / ton in low-pressure part, 200 yuan / ton in northeast China oil high pressure, cancel batch; Linear pellets were generally reduced by 100 yuan / ton, medium oil high pressure in Northwest China was reduced by 100 yuan / ton, low pressure was reduced by 100 yuan / ton, linear decreased by 200 yuan / ton, and others were temporarily stable
    .

    The price of the petrochemical part was lowered at the beginning of the month, while the linear futures opened high and went higher, traders offered sporadic offers, most of the offers fell slightly, and the downstream just needed to purchase, and the actual order was negotiated
    .
    Up to now, the quotation of LLDPE in North China is 7650-8000 yuan / ton, the quotation of LLDPE in East China is 7650-8100 yuan / ton, and the quotation of LLDPE in South China is 7700-8100 yuan / ton
    .
    Due to the decline in the price of some petrochemicals at the beginning of the month, the mentality of bearish manufacturers, petrochemicals may have accumulated stocks after the New Year's Day holiday, so the polyethylene market may still fall slightly after the holiday
    .

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.