September 2 LLDPE morning review

Raw material prices: Japan naphtha CF Japan reported 384.
75 yuan / ton, down 16.
75; naphtha FOB Singapore reported 40.
46 US dollars / barrel, down 2.
03
.
Ethylene CFR Northeast Asia was flat at $1195/mt, and CFR Southeast Asia was flat at $1070/mt
.

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 price in the domestic market was basically flat, and North China Daqing reported 9100 yuan / ton, down 100; East China Yuyao Jilin Petrochemical 9400 tons, up 100; South China News 9450 yuan / ton, flat
.
Northwest Dushanzi reported 9100 yuan / ton, flat
.

News side: 1.
Extend the 300,000 tons/year full-density plant of China Coal to stop for maintenance on August 1, and the low-voltage device for shutdown and maintenance (early August).

It is understood that the full-density unit is scheduled to be started on September 8-9, followed by the low-voltage device
.

Warehouse receipt data: 7146
.

The end of the month is approaching, sales in some areas are basically completed, the market billing is limited, coupled with the current inventory maintained in a medium-high position, September delivery is approaching and other factors, the futures price short-term correction, but in the future, the G20 summit logistics and transportation are blocked, some enterprises maintenance and shutdown, East China supply is tight, and the downstream operating rate has rebounded slightly, agricultural film prices have risen, orders have increased slightly, it is expected that in the short term after inventory digestion, prices still have room
to rise.