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    Home > Chemicals Industry > New Chemical Materials > The market transaction is light, and the price of the continuous plastic period fluctuates at a low level

    The market transaction is light, and the price of the continuous plastic period fluctuates at a low level

    • Last Update: 2022-12-21
    • Source: Internet
    • Author: User
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    On Wednesday, Liansu L2109 contract contracted and increased positions, and the futures price fluctuated at a low level, closing at 8235 on the day, -5 yuan from the previous trading day; The trading volume is 204590 lots, the position volume is 213057 lots, +18487, and the basis is 115 yuan
    .

    Continuous plastic

    News: 1.
    Longzhong Information reported on April 14: Shenhua coal chemical industry Shenhua Baotou linear bidding volume was 822.
    5 tons, the previous day's bidding volume was 822.
    5 tons, the intraday trading volume was 500 tons, and the previous day's trading volume was 96 tons
    .
    The low-pressure intraday auction volume was 4.
    775 tons, the previous day's auction volume was 4.
    775 tons, the intraday volume was 0 tons, and the previous day's trading volume was 0 tons
    .
    Xinjiang high-pressure intraday bidding volume was 51 tons, the previous day's bidding volume was 61 tons, the intraday trading volume was 0 tons, and the previous day's trading volume was 10 tons
    .
    2.
    It is understood that the current RMB market price of 5220G (metallocene linear polyethylene) is 11400 yuan / ton, a decrease of 8.
    80%
    compared with March 2021.
    Reduced demand is one of
    the direct factors contributing to the price decline.

    Market quotation: North China Daqing Petrochemical 7042 mainstream price is 8350 yuan / ton, -0 yuan
    .

    Warehouse receipt inventory: 1334 warehouse receipts, +180 sheets
    .
    Main positions: Top 20 long positions 134866, +6693, short positions reported 150263, +20785
    .
    Increased
    headroom.

    Summary: In April, there were still installations in Asia for shutdown and maintenance, and supply in overseas markets remained tight
    .
    Dow Chemical said the price of all polyethylene resin it sells in the U.
    S.
    will increase by 9 cents/pound ($200/ton)
    starting in April.
    Domestic: The average operating rate of domestic polyethylene enterprises fell slightly last week, and the domestic production of polyethylene decreased
    .
    The operating rate of domestic PE downstream industries fell slightly by 56.
    8%.

    The operating rate of agricultural film enterprises fell sharply, the operating rate of packaging film enterprises fell slightly, and the operating rate of pipe, hollow and injection molding enterprises increased
    slightly.
    The PE inventory of domestic polyethylene enterprises (oil + coal) has increased, up 7.
    28%
    week-on-week.
    The spot market transaction is light, and the downstream bargain hunt purchases, resisting
    the attitude towards high prices.
    In the later period, there are still new devices put into operation in China, and it is expected that the market supply is sufficient
    .

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