April 26 LLDPE morning review

Raw material prices: 1, Japan naphtha CF Japan reported 405.
12 yuan / ton, up 0.
5; naphtha FOB Singapore reported 43.
57 US dollars / barrel, up 0.
06
.
Ethylene CFR Northeast Asia was at $1190/ton, down 10, and CFR Southeast Asia was at $1145/ton, down 25
.

Spot price: foreign spot market prices are basically flat, Far East reported 1130 tons, flat east reported 112 US dollars / ton, flat domestic market prices fell, North China Daqing reported 8800 yuan / ton, flat; East China Yuyao Jilin Petrochemical 9100 tons, flat; South China reported 9350 yuan / ton, up 100
.
Northwest Dushanzi reported 9050 yuan / ton, unchanged
.

News side: 1.
Ningxia Baofeng 300,000 tons/year polyethylene plant production 8008
.
It is understood that the company originally planned to stop for maintenance on April 25 for one month, but now the maintenance plan has been postponed to May 5, and Longzhong will continue to follow up the report
.
2.
China Coal Mengda New Energy Chemical Co.
, Ltd.
put methanol into methanol production olefin production in the DMTO unit on the morning of the 15th of this month, and it is understood that PE products (7042) have been produced on April 20 and sold
within this week.

Warehouse receipt data: 748, an increase of 293
.

Near the end of the month, downstream traders completed orders to take goods and petrochemical equipment maintenance impact, petrochemical inventory decreased, some areas petrochemical raised factory prices, but considering that the market gradually turned into the off-season and the aftermarket equipment maintenance gradually resumed work, and China Coal Mengda successfully put into production, short-term should pay attention to the upper pressure, the middle line is still looking at the dip and long
.