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    Home > Chemicals Industry > New Chemical Materials > April 8 LLDPE morning review

    April 8 LLDPE morning review

    • Last Update: 2022-12-01
    • Source: Internet
    • Author: User
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    On Thursday, the LLDPE1609 contract increased its position to the downside, testing support around 8300 below the short-term test channel, testing pressure around 8500 above, and if the futures price stabilized around 8300, it could be long
    in the 8300-8500 range during the day.

    LLDPE

    Spot price: the foreign spot market price is basically flat, and the Far East is reported at 1180 yuan / ton, flat; The Middle East was flat at $1165/mt
    .
    The price in the domestic market was basically flat, and North China Daqing reported 9450 yuan / ton, flat; East China Yuyao Jilin Petrochemical 9700 tons, flat; South China News 9750 yuan / ton, flat
    .
    Northwest Dushanzi reported 9450 yuan / ton, up 50
    .

    Raw material prices: 1, Japanese naphtha CF Japan reported 368 US dollars / ton, down 6.
    75; naphtha FOB Singapore reported 39.
    43 US dollars / barrel, down 0.
    76
    .
    Ethylene CFR Northeast Asia was at $1200/ton, down 5, and CFR Southeast Asia was at $1155/ton, down 5
    .

    News side: 1.
    I heard that the 370,000-ton high-voltage device of Tianhe is scheduled to start up in early August, and it is planned to produce products
    in September.
    2.
    Shenhua Xinjiang's 270,000-ton high-voltage device is expected to be produced in May
    .

    Affected by the lack of downstream demand follow-up and the Qingming holiday, petrochemical inventories increased, weighing on futures prices, but some equipment maintenance in April is expected to fall in the market, and the short-term decline space is limited
    .

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