August 30 LLDPE morning review

Raw material prices: Japan naphtha CF Japan reported 405.
62 yuan / ton, up 8; Naphtha FOB Singapore was trading at $42.
95 a barrel, up 0.
89
.
Ethylene CFR Northeast Asia was at $1195/ton, down 5, and CFR Southeast Asia was flat at $1070/ton
.

Spot price: the foreign spot market price is basically flat, and the Far East is reported at 1140 US dollars / ton, flat; The Middle East was flat at $1129/ton; The domestic market price was basically flat, North China Daqing reported 9200 yuan / ton, flat; East China Yuyao Jilin Petrochemical 9400 tons, down 100; South China reported 9600 yuan / ton, flat
.
Northwest Dushanzi reported 9100 yuan / ton, flat
.

News side: 1.
Tianjin Lianhua's 120,000-ton LLDPE plant began maintenance on the 13th, and it is planned to be overhauled for 43 days
.
2.
Shanghai SECCO listed for sale: 5301AA 9550, 5502FA 9250, 5401AA 9350, LL0209AA 9600, LL0220AA 9600, LL0220KJ 9700
.
Shanghai SECCO PE linear/low-voltage unit production capacity is 300,000 tons each, low-voltage device minor fault temporary shutdown, is expected to last about 3 days, linear plant production 0220KJ
.

Warehouse receipt data: 6487
.

Fundamentally, petrochemical inventories have decreased slightly this week, some units have entered a maintenance state, coupled with the peak demand season, supply is expected to continue to decrease, but the short-term September contract enters the delivery month, and the market expects an increase in supply, weighing on prices
.