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    Home > Chemicals Industry > New Chemical Materials > April 18 LLDPE morning review

    April 18 LLDPE morning review

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    On Friday, the LLDPE1609 contract tested the pressure around 8600 above and the support around 8000 below, and it is expected to maintain a weak shock oscillation in the 8000-8600 range in the short term, and it is recommended to sell short in the range
    .

    LLDPE

    Raw material prices: 1, Japan naphtha CF Japan reported 395.
    5 yuan / ton, up 0.
    5; naphtha FOB Singapore reported 42.
    4 US dollars / barrel, up 0.
    05
    .
    Ethylene CFR Northeast Asia was flat at $1200/mt, while CFR Southeast Asia was at $1170/mt, up 10
    %.

    Spot price: the foreign spot market price is basically flat, the Far East reported 1170 yuan / ton, flat; The Middle East was flat at $1155/mt
    .
    The price of the domestic market fell, and North China Daqing reported 9100 yuan / ton, down 100; East China Yuyao Jilin Petrochemical 9300 tons, flat; South China News 9400 yuan / ton, flat
    .
    Northwest Dushanzi reported 9250 yuan / ton, unchanged
    .

    News side: 1.
    The listing price of CNPC South China LLDPE will be reduced by 100-200 sales
    .
    (: yuan/ton): Sichuan 7042/N 9400, Fushun 7042 9500, Fushun 7042N 9500, Lanhua 7042H 9500, Daqing 8320 9600
    .

    Affected by the lack of downstream demand follow-up, petrochemical inventories increased, suppressed price upward momentum, and futures prices fell, but in April, some equipment maintenance, and term spread discount is large, or limit its downward space, crude oil freezing meeting did not reach an agreement, crude oil closed down or suppressed commodity prices
    .

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