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    Home > Chemicals Industry > New Chemical Materials > April 20 LLDPE morning review

    April 20 LLDPE morning review

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    On Tuesday, the LLDPE1609 contract closed in volatility, testing pressure around 8500 above, support around 8200 below, and if the futures price fails to hold 8200, or further falls to around 7900-8000, intraday participation is the mainstay


    Raw material prices: 1, Japan naphtha CF Japan reported 377.
    5 yuan / ton, down 18; Naphtha FOB Singapore was trading at $40.
    43 a barrel, down 1.
    Ethylene CFR Northeast Asia was flat at $1200/mt, while CFR Southeast Asia was at $1170/mt, up 10

    Spot price: the foreign spot market price is basically flat, the Far East reported 1155 yuan / ton, flat; The Middle East was flat at $1141/mt
    Domestic market prices fell, North China Daqing reported 8900 yuan / ton, down 150; East China Yuyao Jilin Petrochemical 9100 tons, down 50; South China News 9350 yuan / ton, flat
    Northwest Dushanzi reported 9150 yuan / ton, unchanged

    News side: 1.
    On April 19, some petrochemical PE stocks in North China continued to increase by more than 1,000 tons compared with April 12, an increase of about
    The listed price of CNPC South China LLDPE was reduced by 200 sales
    (: yuan/ton): Sichuan 7042/N 9200, Fushun 7042 9200, Fushun 7042N 9200, Lanhua 7042H 9250, Daqing 8320 9200

    Due to the insufficient follow-up of downstream demand, the increase in petrochemical inventory, and the launch of new production capacity of China Coal Mengda, Petrochemical lowered the ex-factory price, suppressing the price upward momentum, but the future-spot price difference was large and some devices were overhauled, the fundamentals were intertwined, and the short-term futures price maintained a weak range

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