LLDPE resources in the hottest north are tight, an

2022-08-21
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LLDPE resources in northern China are tight and prices are expected to rise

on October 11, the polyethylene unit of Zhongyuan Petrochemical Co., Ltd. had an explosion polymerization accident, and the polyethylene unit immediately shut down for repair. However, due to the difficulty of handling the accident, ethylene, polypropylene and other units also shut down this week. It is estimated that it will take at least 3-4 days for the unit to resume operation. At present, the stock of Zhongyuan linear LDPE is very small, and the price is about 6050 yuan/ton

previously, Qilu linear low density polyethylene was shut down for about a week in northern China (it has now returned to normal), and Tianjin Petrochemical Ethylene Plant was shut down for maintenance for about 10 days from October 10. The annual capacity of linear low density polyethylene of the above enterprises is about 360000 tons. At present, it is the peak season of agricultural film consumption in northern China, especially in North China, central China and Shandong, so that it is not easy to spread quickly in practice. The policy areas that have been implemented are the areas with large linear low-density polyethylene consumption in China. The parking of three enterprises in succession will inevitably lead to short-term resource tension in these areas, and there is an opportunity for prices to rise

in addition, the quotation of foreign businessmen for China's main port has risen recently, with an increase of $5-20. 3. The nuts of equipment should be tightened regularly/ton. At present, Shandong, Tianjin and other ports have few sources of imported goods, and the price is slightly higher than the domestic market price. From the perspective of supply and demand, the future output of linear low-density polyethylene is also bullish. However, as these enterprises gradually resume normal production and the peak demand season comes to an end, it is estimated that the price increase will not be too large

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