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    Home > Chemicals Industry > New Chemical Materials > August 24 LLDPE morning review

    August 24 LLDPE morning review

    • Last Update: 2022-12-03
    • Source: Internet
    • Author: User
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    On Tuesday, the LLDPE1701 contract closed in volatility, testing pressure around 9200 above the futures price and support around 8800 below, suggesting a dip long in the 8800-9200 range
    .

    LLDPE

    Raw material prices: Japan naphtha CF Japan reported 404.
    5 yuan / ton, down 3.
    5; naphtha FOB Singapore reported 42.
    74 US dollars / barrel, down 0.
    21
    .
    Ethylene CFR Northeast Asia was flat at $1160/mt, and CFR Southeast Asia was flat at $1070/mt
    .

    Spot prices: foreign spot market prices rose slightly, with the Far East reported $1140 / ton, up 10; The Middle East was quoted at $1128 / ton, up 10; The price in the domestic market was basically flat, and North China Daqing reported 9100 yuan / ton, flat; East China Yuyao Jilin Petrochemical 9400 tons, flat; South China News 9450 yuan / ton, flat
    .
    Northwest Dushanzi reported 9050 yuan / ton, unchanged
    .

    News side: 1.
    Pucheng clean energy full-density polyethylene plant capacity is 300,000 tons / year, the plant restarts production of 7042, and the factory price increases by 20 yuan / ton to 8830 yuan / ton
    .

    Warehouse receipt data: 5411
    .

    Fundamentally, petrochemical inventories have decreased slightly this week, some have gradually entered a maintenance state, coupled with the peak demand season, it is expected that supply will continue to decrease, and there are not many goods delivered in September, which has limited impact on the market, and prices are expected to remain strongly volatile
    .

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