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    Home > Chemicals Industry > New Chemical Materials > August 18 LLDPE morning review

    August 18 LLDPE morning review

    • Last Update: 2022-12-03
    • Source: Internet
    • Author: User
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    On Wednesday, the LLDPE1701 contract closed down in volatility, testing pressure around 9000 above the futures price, testing support around 8780 below, and buying long if the futures price holds 8770, otherwise wait and see
    .

    LLDPE

    Raw material prices: Japan naphtha CF Japan reported 385 yuan / ton, up 13.
    62; naphtha FOB Singapore reported 40.
    26 US dollars / barrel, up 1.
    14
    .
    Ethylene CFR Northeast Asia was flat at $1,100/ton, and CFR Southeast Asia was flat at $1,050/ton
    .

    Spot prices: foreign spot market prices are basically flat, and Far East is flat at $1130 / ton; The Middle East was flat at $1118/ton; The price in the domestic market was basically flat, and North China Daqing reported 9050 yuan / ton, down 50; East China Yuyao Jilin Petrochemical 9350 tons, flat; South China News 9400 yuan / ton, flat
    .
    Northwest Dushanzi reported 9050 yuan / ton, unchanged
    .

    News side: 1.
    The guidance price of the linear part of CNPC North China was raised by 100, the guidance price of Rongshi 2 was the same as the listed price, and the guidance price of Rongshi 1 was 100
    lower than the listed price.

    Warehouse receipt data: 2709
    .

    Fundamentally, petrochemical inventories continued to increase this week, but large installations gradually entered a state of maintenance, coupled with the peak demand season in the future, it is expected that supply will gradually decrease, and the price decline will be limited
    .

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