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    Home > Chemicals Industry > New Chemical Materials > August 15 LLDPE morning review

    August 15 LLDPE morning review

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    On Friday, the LLDPE1701 contract closed up in volatility, testing pressure around 9200 above the futures price, testing support around 8800 below, and maintaining short-term volatility in the 8800-9200 range, it is recommended to trade long on dips in the range
    .

    LLDPE

    Raw material prices: Japan naphtha CF Japan reported 350.
    12 yuan / ton, down 3.
    88; naphtha FOB Singapore reported 36.
    87 US dollars / barrel, down 0.
    28
    .
    Ethylene CFR Northeast Asia was flat at $1060/ton, and CFR Southeast Asia was flat at $1035/ton
    .

    Spot prices: foreign spot market prices are basically flat, and Far East is flat at $1130 / ton; The Middle East was flat at $1118/ton; The price in the domestic market was basically flat, and North China Daqing reported 9,000 yuan / ton, flat; East China Yuyao Jilin Petrochemical 9350 tons, flat; South China News 9350 yuan / ton, flat
    .
    Northwest Dushanzi reported 9,050 yuan / ton, down 50
    .

    News: 1.
    On August 10, some petrochemical stocks in the four major regions were about 71,000 tons, a decrease of about 6.
    2,000 tons, or about 8.
    1%, compared with the inventory on August 3, the previous statistical day
    .

    Warehouse receipt data: 2748
    .

    Fundamentally, some equipment in East China entered maintenance this week, petrochemical inventories declined, some regions raised factory quotations, coupled with the peak demand season in the future, the fundamentals are favorable, and the price decline is expected to be limited
    .

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