Under the domestic and foreign troubles of the hot

  • Detail

[LLDPE] under domestic and foreign troubles, the market operates more slowly and stably.

I. brief introduction of the market

the rough selection method of test machine parts in the PE market has a strong wait-and-see atmosphere. Traders have not yet made a significant response to the market, and the market operates more slowly and stably. The market is in the post holiday consolidation period. Mainstream price: LDPE: yuan/ton, LLDPE: yuan/ton

II. A brief introduction to the upstream market

crude oil futures on the New York Mercantile Exchange rose on Friday, and crude oil futures in the United States rose $1.56 in August, with the settlement price at 79 per barrel The foundry of the laboratory machine manufacturer uses the foundry method to produce plastic deformation of metal materials for $76. Brent crude oil futures contract closed in August -- the vice president rose $1.75 to $90.98 a barrel, ending a four-day decline

last Friday, Asian ethylene closed steady, CFR Northeast Asia dollar/ton, CFR Southeast Asia dollar/ton

III. local market conditions

today's PE market quotation is higher. The market mentality is relatively pessimistic. Merchants ship goods according to the market, and the transaction is general. There is no improvement in downstream demand

influenced by the guidance price of PetroChina, Changzhou's linear quotation increased by 50 yuan/ton, and the transaction was average. Yangzi 7042 reported 9850 yuan/ton, Dushanzi 5502 reported 10450 yuan/ton, Zhongsha 5502 reported 10450 yuan/ton, PetroChina 7042 reported 9850 yuan/ton, and Lanhua 2426h reported 10100 yuan/ton

the quotation of PE in Linyi is stable, the market is mainly wait-and-see, the transaction is general, the futures is stronger, and the mentality of spot goods holders is stable. Zhenhai 7042 is tax-free yuan/ton, Lanhua 2426h is tax-free yuan/ton, and Daqing 5000S is tax-free yuan/ton, 10550 yuan/ton, tax-inclusive yuan/ton

the futures trend is strong, and the spot offer of Tianjin PE is mainly stable, with 222wt at 9750 yuan/ton, Shenhua 7042k at 9750 yuan/ton, 9085 at 9850 yuan/ton, 5300b at 10250 yuan/ton, 5010 at 10900 yuan/ton, 1002kw at 10350 yuan/ton, 8007 at 10000 yuan/ton, in plant self withdrawal at 9700 yuan/ton, 18D at 10250 yuan/ton, 1810D at 10250 yuan/ton

IV. in terms of the latest quotation

the pricing of Yangzi Petrochemical LLDPE is stable: 1801 is 9650 yuan/ton, 1802 is 9750 yuan/ton, and 7042 is 9700 yuan/ton

Zhongyuan Petrochemical LLDPE pricing is stable: 9050k is reported at 9800 yuan/ton, 7050 is reported at 9800 yuan/ton, and 9088 is reported at 9800 yuan/ton

Guangzhou Petrochemical LLDPE pricing is stable: membrane material 7042 is reported as 9800 yuan/ton, and membrane material 2001 is reported as 9850 yuan/ton

v. future forecast

all along with the G20's desire to resolve the crisis by promoting growth, and the situation of the European debt crisis is slowing down, and the risk of Greece's withdrawal from Europe is temporarily eliminated. However, the current market should not be blindly optimistic. The main factor in the domestic PE market will be transferred to the new production capacity. Due to the lack of waste paper import quota support, it will be moved to the domestic supply and demand fundamentals, and the downstream demand continues to be weak. It is still based on wait-and-see, and the firm offer is negotiated. It is expected that in the short term, the polyethylene market may still maintain a stable market and a small market adjustment

note: the reprinted content is indicated with the source. The reprint is for the purpose of transmitting more information, and does not mean to agree with its views or confirm the authenticity of its content

Copyright © 2011 JIN SHI