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    Home > Chemicals Industry > New Chemical Materials > August 2 LLDPE morning review

    August 2 LLDPE morning review

    • Last Update: 2022-12-03
    • Source: Internet
    • Author: User
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    LLDPE1701 contract rose sharply, futures price above to test pressure around 9100, below to test support around 8700, below the moving average shows a long arrangement, is expected to maintain a strong volatility, it is recommended to rely on the five-day line to go long
    .

    LLDPE

    Raw material prices: Japan naphtha CF Japan reported 349.
    62 yuan / ton, down 7.
    76; naphtha FOB Singapore reported 36.
    81 US dollars / barrel, down 0.
    86
    .
    Ethylene CFR Northeast Asia was flat at $1095/mt, and CFR Southeast Asia was flat at $1035/mt
    .

    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; Domestic market prices fell slightly, North China Daqing reported 9100 yuan / ton, flat; East China Yuyao Jilin Petrochemical 9200 tons, up 150; South China News 9250 yuan / ton, flat
    .
    Northwest Dushanzi reported 8850 yuan / ton, unchanged
    .

    News side: 1.
    Extend the 300,000 tons/year full-density plant of China Coal is scheduled to start maintenance today, for one month, and the low-pressure device produces 5502S, which is scheduled to start maintenance
    in a week.

    Warehouse receipt data: 1320
    .

    Fundamentally, affected by the lack of downstream demand follow-up, plastic inventories have increased, but linear inventory growth is limited, and in the later stage, some devices of the G20 summit are stopped, and the planned production of new capacity equipment has limited impact on LLDPE, and LLDPE prices are expected to remain strong in the short term
    .

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