Hottest March 25 China Plastics LLDPE market brief

2022-08-19
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On March 25, China Plastics LLDPE market brief

cut the loss of artificial wood to 10 a.m. on March 25, China's plastic price index fell 0.96 points to 1034.10 points. The China Plastics spot index fell 0.15 points to 1131.12 points

I. upstream express:

NYMEX 24 may light and low sulfur crude oil futures contract fell $1.30 to $80.61 a barrel. Ice 24 may Brent crude oil futures fell $1.08 to $79.62 a barrel

II. Manufacturer dynamics:

PetroChina East China LLDPE has implemented listing sales, with stable sales prices and general delivery

the implication of the first "9" of CNPC is that South China LLDPE will carry out fixed price sales for a long time, and the goods will be generally sold

Guangzhou Petrochemical LLDPE unit double line production 2001, it is reported that petrochemical inventory remained normal

at present, Tianjin ethylene LLDPE plant continues to shut down and is sold by SABIC. It is reported that petrochemical inventory remains normal

Tianjin Lianhua LLDPE plant has been converted to 9020, and plans to take interconnection and large project cooperation as the priority direction to plan production until the end of the month; It is reported that petrochemical inventory remained normal

III. warehouse receipt dynamics:

China plastic warehouse receipt L1) protect the appearance of the experimental machine. The main LDPE variety ll1005 opened at 11100 yuan/ton, down 61 yuan/ton from the previous trading day; The latest trading volume was 155 tons, a decrease of 5 tons compared with the previous trading day; The order volume was 1025 tons, an increase of 45 tons over the previous trading day; The latest price of ll1004 was 11150 yuan/ton, down 11 yuan from the previous trading day

IV. market situation:

the listing of LLDPE in China Plastics spot mall this morning, a few brands have been adjusted, with a range of yuan/ton. Dushanzi Petrochemical dadf-7042 reported 11100 yuan/ton. Fujian United dfda-7042 reported 11150 yuan/ton. Lanzhou Petrochemical dfda-7042n reported 11200 yuan/ton

the market price of PE in Shunde fell by about 100 yuan/ton, focusing on high-pressure varieties. Crude oil fell, petrochemical pricing after low settlement, and the supporting role of the market was reduced. The terminal demand is weak, and buyers' enthusiasm for purchasing is low. Merchants intend to sell goods at a small margin, but the market trading atmosphere is still light and gloomy

the PE market around Yanshan fell violently, with a decline of yuan/ton. Lldpe/ldpe supply has certain inventory pressure, and buyers are not enthusiastic about receiving goods at a high level

the PE market in Linyi was slightly consolidated, and traders had a certain inventory pressure. Due to the cost pressure, although it maintained yesterday's trading, there was a small margin for profit in the actual transaction, and the market transaction atmosphere was light

the PE market price in Guangzhou is generally stable. There is a strong wait-and-see atmosphere in the overall market, and most businesses hold goods to wait-and-see. Downstream buyers are less motivated to purchase, and the market trading atmosphere is depressed

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