LLDPE price trend in peak season of the hottest LL

2022-08-20
  • Detail

[LLDPE] where is the price trend of LLDPE in the peak season of mulching film?

I. brief introduction of the market

a small consolidation of the spot market of LLDPE. In the morning, LLDPE futures had a slight decline, and most merchants had a stable mentality, mainly shipping according to the market. At present, the downstream is more wait-and-see and cautious in trading. At present, the application mode of torque and tensile load in the mainstream experimental process of LLDPE in China is: torque is applied at the speed of 0.5mm/min, and the quotation is yuan/ton

second, a brief introduction to the upstream market

earlier, it was reported that the US and UK governments had reached an agreement to release crude oil inventories from their strategic reserves, prompting the decline in crude oil futures prices, but then Jay Carney, a spokesman for the US government, denied this report. Light crude oil futures for April delivery fell 32 cents to close at $105.11 a barrel

on Thursday, the Asian ethylene market was quiet, and CFR Northeast Asia/Southeast Asia closed at 1288 5 dollars/ton and 1373 US $5/ton, unchanged from the previous trading day. The high cost continues to exert pressure, the profit inversion of ethylene and downstream polyethylene intensifies, the disappointment of merchants spreads, the enthusiasm of real market operation retreats, and more delisting wait-and-see

III. local market conditions

today, the LLDPE market price is basically stable, the overall downstream demand is general, and there are few firm offers

the quotation linearity of Guangzhou PE market is slightly loose. The oil price continued to fall overnight and the futures opening fell, and the market trading atmosphere was cold. Most operators actively ship goods, the terminal inquiry performance is average, the transaction is under pressure, and more negotiations

the linear price of Panjin PE market rose. After the opening of linear futures, it fluctuated downward, the merchants' mentality was stable, the quotation was stable, the downstream inquiry was weak, and the transaction was rare

the PE market quotation in Hangzhou is basically stable. Futures fell in the intraday, and merchants' mentality was temporarily stable, mainly shipping according to the market. There is little change in demand, most of them are waiting-and-seeing in the downstream, and there is more single talk about the transaction

IV. the latest quotation

1. Petrochemical quotation

PetroChina South China LLDPE factory price is stable, priced and sold, and the inventory is general. Daqing Petrochemical 7042 priced at 10650 yuan/ton, Lanzhou Petrochemical 7042 priced at 10650 yuan/ton

the ex factory price of CNPC northeast LLDPE has been increased by 100 yuan/ton, and the sales are generally priced. Since August last year, Daqing Petrochemical 7 has priced 042 at 10800 yuan/ton, and Daqing Petrochemical 7042 powder at 10900 yuan/ton

the factory price of LLDPE of Sinopec central China branch is stable, priced and sold in general. Maoming Petrochemical 7042 is priced at 10900 yuan/ton, and Zhongyuan Petrochemical 7050 is priced at 10850 yuan/ton

2. Mall quotation

as of 15:00, some brands of China Plastics' spot LLDPE fell by yuan/ton. Among them, 3224/Taiwan plastic was at the lowest price of 10550 yuan/ton (down 50), 3305/South Korea Hanhua was at the lowest price of 10600 yuan/ton, 7420d/Thailand PTT was at the lowest price of 10500 yuan/ton (down 200), dfda-7042/Zhenhai Refining and chemical was at the lowest price of 10600 yuan/ton (down 8, extending from the shell manufacturing of electronic products to the interior of products 0)

v. future forecast

recently, LLDPE has been stimulated by petrochemical production reduction, and the trend is quite fierce. Agricultural film manufacturers have raised product prices to cope with the rise of production costs. The rapid rise in raw material prices has aggravated the wait-and-see mood of downstream dealers. At present, it is in the peak season of film production, but the overall trend shows that the peak season is not prosperous, and the order situation of manufacturers in North China is not ideal. Film orders in Northwest China have maintained a good momentum, and most manufacturers have maintained full load startup. Jinan new era Gold Testing Instrument Co., Ltd. sincerely welcomes you to visit the experimental machine/ton. It is expected that in the future, when petrochemicals continue to raise prices in a limited amount, the market quotation will actively follow up, and the price strategy and terminal demand follow-up of petrochemicals are still the focus of attention

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