October 13 LLDPE morning review

Raw material prices: Japan naphtha CF Japan reported 441.
5 yuan / ton, up 6.
5; naphtha FOB Singapore reported 47.
2 US dollars / barrel, up 0.
72
.
Ethylene CFR Northeast Asia was at $1085/ton, down 5, and CFR Southeast Asia was flat at $1040/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; Domestic market prices rose slightly, North China Daqing reported 9300 yuan / ton, flat; East China Yuyao Jilin Petrochemical 9550 tons, down 50; South China reported 9600 yuan / ton, flat
.
Northwest Dushanzi reported 9250 yuan / ton, unchanged
.

News side: 1.
The guidance price of LLDPE of CNPC North China Company was raised by 100 yuan / ton, the melting index 1 guidance 9400 yuan / ton, the melting index 2 and 7042H guidance price increased by 100 yuan / ton, 7042 guidance 9400 yuan / ton, 7042H guidance 9500 yuan / ton
.

Warehouse receipt data: 8475
.

Affected by the strengthening of crude oil and downstream pre-holiday stocking, petrochemical inventories have been digested to a certain extent, and the ex-factory price has increased, driving futures prices to rebound, but most of the equipment inspection and repair workers after the holiday, and the impact of new production capacity is expected to increase market supply pressure, pay attention to the market supply and demand side, due to a certain replenishment behavior downstream after the holiday and the strengthening of crude oil, driving plastic prices to continue to rise, but the medium line pays attention to market supply and demand changes
.