Hottest March 29 China Plastics LLDPE market brief

2022-08-19
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As of 10 a.m. on March 29, China's plastic price index rose 0.76 points to 1037.48 points. The China Plastics spot index fell 0.05 points to 1131.10 points

I. upstream express:

nymex May 26 light and low sulfur crude oil futures contract closed down US $0.53 to US $80.00 per barrel. On May 26, ice, all employees of Bren company were determined to achieve win-win with customers with excellent products and services. Special crude oil futures closed down $0.32 to $79.29 a barrel

II. Manufacturer dynamics:

Zhongyuan Petrochemical PE plant produced 7050, and the plant was started to operate normally. It is reported that the overall inventory of Sinopec remained normal

PetroChina South China LLDPE carries out fixed price sales and generally takes delivery

Tianjin Lianhua LLDPE plant production 9020; It is reported that petrochemical inventory remained normal

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

Sinopec Huazhong sells LLDPE at a price of 10950 yuan/ton to meet the use requirements of different parts on the vehicle. Maoming/Fulian 7042 is priced at 10850 yuan/ton

III. warehouse receipt dynamics:

the main variety of China plastic warehouse receipt LLDPE ll1005 opened at 11110 yuan/ton, up 31 yuan/ton from the previous trading day; The latest trading volume was 185 tons, an increase of 35 tons over the previous trading day; The order volume was 1030 tons, unchanged from the previous trading day; The latest price of ll1004 was 11060 yuan/ton, down 21 yuan from the previous trading day

IV. market situation:

the listing of China Plastics spot mall LLDPE this morning, a few two brands have been adjusted, with a range of yuan/ton. Dushanzi Petrochemical dadf-7042 was reported at 11000 yuan/ton, down 100 yuan. Fujian United dfda-7042 reported 11070 yuan/ton, down 80 yuan. Lanzhou Petrochemical dfda-7042n reported 11200 yuan/ton

the transaction price of Shunde PE market fell slightly over the weekend. At the end of the month, petrochemical pricing sales slightly supported the bottom line of the market. High voltage and power lines also traded with the throes for a time, and the cyclical quotation was more stable

the quotation of LLDPE market around Zhongyuan fluctuated and fell, linear futures did not support the market well, buyers' enthusiasm for receiving goods was low, and there was a small margin of profit in the actual transaction

the PE market in Tianjin was slightly consolidated. There was a certain inventory pressure in the ldpe/lldpe market, and the traders' offer fell by about 50 yuan/ton

the PE market around Yanshan is weak and stable. Although petrochemicals are sold at fixed prices, ldpe/lldpe in the market is still under inventory pressure, buyers are not enthusiastic about receiving goods, and there is a small margin of profit for the actual transaction in the market. Merchants maintain their offer last weekend, and the market transaction atmosphere is general

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