echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > The price of continuous plastic period opened low and rebounded, and it is expected that there are still adjustment requirements in the short term

    The price of continuous plastic period opened low and rebounded, and it is expected that there are still adjustment requirements in the short term

    • Last Update: 2022-12-22
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    On Wednesday, Liansu L2109 contract reduced its position, and the futures price opened low and rebounded, closing at 8070 on the day, -40 yuan from the previous trading day; The volume was 318673 lots, the position was reported 244514 lots, -7974, and the basis was 30 yuan
    .

    Continuous plastic

    News: 1.
    Lanzhou Petrochemical Changqing ethane to ethylene project 800,000 tons/year ethylene plant from August 2 at 10:58 a.
    m.
    to start-up, after nearly 28 hours of production and operation, on August 3 at 14:50 production production products produced qualified ethylene products
    .
    The project is mainly composed of
    800,000 tons/year ethane cracking to ethylene plant and downstream supporting 400,000 tons/year high-density polyethylene, 400,000 tons/year full-density polyethylene, 30,000 tons/year butene-1/hexene-1 flexible switching device and related public works and supporting auxiliary facilities.
    2.
    Longzhong Information reported on August 4: Shenhua coal chemical industry Shenhua Baotou linear bidding volume was 560 tons, the previous day's bidding volume was 530 tons, the intraday trading volume was 180 tons, and the previous day's trading volume was 150 tons
    .
    Shenhua low-pressure intraday bidding volume is 100 tons, the previous day's bidding volume is 0 tons, the intraday trading volume is 33 tons, and the previous day's trading volume is 0 tons
    .
    Xinjiang high-pressure intraday bidding volume is 50 tons, the previous day's auction volume is 0 tons, the intraday trading volume is 0 tons, and the previous day's trading volume is 0 tons
    .

    Market quotation: North China Daqing Petrochemical 7042 mainstream price is 8100 yuan / ton, -50 yuan
    .

    Warehouse receipt inventory: 5307 warehouse receipts, -60 sheets
    .
    Main positions: Top 20 long positions 159849, -10946; short positions reported 174506, -4976
    .
    Increased
    headroom.

    Summary: The average operating rate of polyethylene enterprises rebounded last week, and the supply of polyethylene polyethylene increased
    .
    The operating rate of various downstream industries of PE increased slightly from the previous week, among which agricultural film and packaging film enterprises rose, pipe companies operated steadily, and injection molding and hollow industries declined
    .
    Inventories by production companies have risen, indicating that market supply is slightly greater than demand
    .
    L2109 opened low and rebounded during the day, but the strength was not large, and it is expected that there are still adjustment requirements
    in the short term.

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.