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    Home > Chemicals Industry > New Chemical Materials > Downstream demand may weaken

    Downstream demand may weaken

    • Last Update: 2022-12-18
    • Source: Internet
    • Author: User
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    On Tuesday, the Liansu L2009 contract fell back in shock, closing at 6180 yuan / ton, -215 yuan from the previous trading day; Volume 876707 lots, -231951; position 359620 lots, -12914 lots, basis 550 yuan, +255 yuan; 5-9 spread 220 yuan, -55 yuan
    .

    Continuous plastic

    News: Shenhua Coal Chemical linear intraday bidding volume of 1000 tons (850 tons in the previous day) trading volume of 747 tons (600 tons in the previous day), transaction rate of 74.
    7%; The low-pressure auction was 457 tons (400 tons on the previous day) and 457 tons (383 tons on the previous day), with a transaction rate of 100%.

    Xinjiang high-pressure auction 50 tons, 50 tons, the transaction rate is 100%.

    Spot market: the domestic polyethylene market is mixed, the opening price of the sales company continues to rise, but linear futures are falling, the merchant attitude is cautious, the offer is mixed, the downstream wait-and-see is the mainstay, and the real transaction atmosphere is general
    .
    As of the noon close, the North China market rose 100-450 yuan / ton; East China market adjustment 200-450 yuan / ton; The South China market adjusts 100-300 yuan / ton
    .

    Warehouse receipt inventory: exchange warehouse receipt reported 180 lots, +0 lots
    within the day.

    Summary: OPEC+ reached a joint production cut agreement to boost market confidence
    .
    PE production decreased slightly last week, and polyolefin inventories in major domestic ports continued to fall
    .
    Spot prices are firm, and these factors have provided some support
    to prices.
    However, in order to rectify fake masks and unqualified production enterprises, the state emphasizes that it is necessary to strictly supervise the export quality of medical epidemic prevention materials, and seriously investigate and deal with behaviors such as raising the price of epidemic prevention products and raw materials in accordance with the law
    .
    Standardize and rectify the mask and meltblown cloth market, and resolutely ban small workshops
    without formal production qualifications.
    The market is worried that with the banning and closure of many small businesses, downstream demand may weaken, which has suppressed
    prices to a certain extent.
    In terms of operation, investors can settle their orders at a high level and settle their bags
    .

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