echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > April 12 LLDPE morning review

    April 12 LLDPE morning review

    • Last Update: 2022-12-01
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    On Monday, the LLDPE1609 contract opened high and low, the futures price closed slightly higher, the short-term test channel below the test of support around 8250, the upper test of pressure around 8500, is expected to maintain short-term range volatility, recommended range trading
    .

    LLDPE

    News side: 1.
    CNPC East China LLDPE pricing sales cut by 200
    .
    Fu/Chuan 7042/7042N 9350, Da/Du/Lan 7042/7042N 9350, Jihua 7042/7042N 9400.
    Lan 7042H 9400
    .
    2.
    CNPC East China LLDPE pricing sales reduced by 200
    .
    Fu/Chuan 7042/7042N 9350, Da/Du/Lan 7042/7042N 9350, Jihua 7042/7042N 9400.
    Lan 7042H 9400

    Spot price: foreign spot market prices fell slightly, Far East reported 1160 yuan / ton, down 10; The Middle East was trading at $1145/mt, down 10
    .
    Domestic market prices fell, North China Daqing reported 9200 yuan / ton, flat; East China Yuyao Jilin Petrochemical 9450 tons, down 150; South China News 9750 yuan / ton, flat
    .
    Northwest Dushanzi reported 9350 yuan / ton, unchanged
    .

    Raw material prices: 1, Japan naphtha CF Japan reported 383.
    62 yuan / ton, up 3.
    87; naphtha FOB Singapore reported 41.
    15 US dollars / barrel, up 0.
    31
    .
    Ethylene CFR Northeast Asia was at $1200/ton, up 5, and CFR Southeast Asia was at $1160/ton, up 5
    .

    Due to the insufficient follow-up of downstream demand, the increase in petrochemical inventories, suppressing the upward momentum of prices, spot market prices in some regions fell, but in April, some equipment maintenance, and term spread discount is large, short-term decline space is limited
    .

    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.