January 9 LLDPE morning review

News side: 1.
The location difference of Zhongtian Hechuang remote storage has been adjusted, and it is now +250 in Tianjin, Hebei and +300
in Shandong.

Raw material prices: Japan naphtha CF Japan reported 511 yuan / ton, up 6.
25; naphtha FOB Singapore reported 55 US dollars / barrel, up 0.
74
.
Ethylene CFR Northeast Asia was at $1130/ton, down 10, and CFR Southeast Asia was flat at $980/ton

Spot price: the foreign spot market price is basically flat, and the Far East reported 1160 US dollars / ton, flat; The Middle East was flat at $1147/mt
.
Market prices fell slightly, with North China Daqing reporting 9980 yuan / ton, down 20; East China Yuyao Jilin Petrochemical 10,050 tons, flat; South China News 10150 yuan / ton, flat
.
Northwest Dushanzi reported 9850 yuan / ton, unchanged
.

Warehouse receipt data: 7669
.

At the end of the year, the source of imported goods increased, the port inventory level rose, the social inventory also increased, the later stage paid attention to the downstream stocking situation of the mulch film consumption season, the short-term overall market supply and demand is relatively balanced, but at the end of the year, the liquidity of funds is tight, the willingness to receive goods at high prices in the market is weak, petrochemical prices are reduced, and the futures price is expected to maintain a weak range
.