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    Home > Chemicals Industry > New Chemical Materials > August 23 LLDPE morning review

    August 23 LLDPE morning review

    • Last Update: 2022-12-03
    • Source: Internet
    • Author: User
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    On Monday, the LLDPE1701 contract closed in volatility, with futures testing pressure around 9100 above and support around 8800 below, and it is recommended to trade in the 8800-9100 range with a stop loss of 8700
    .

    LLDPE

    Raw material prices: Japan naphtha CF Japan reported 408 yuan / ton, up 2; Naphtha FOB Singapore was trading at $42.
    95 a barrel, up 0.
    21
    .
    Ethylene CFR Northeast Asia was at $1160/ton, up 10, and CFR Southeast Asia was at $1070/ton, up 10
    .

    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 9100 yuan / ton, flat; East China Yuyao Jilin Petrochemical 9400 tons, up 100; South China reported 9450 yuan / ton, up 50
    .
    Northwest Dushanzi reported 9050 yuan / ton, unchanged
    .

    News side: 1.
    Yanchang China Coal's 300,000 tons/year full-density plant was shut down for maintenance on August 1 for 30-45 days, and the low-voltage device was stopped for maintenance (early August) for 30-45 days
    .
    2.
    PE Sinopec South China linear: Mao 7042 fixed 9450, Guangzhou 7042 fixed 9550, 2001 fixed 9750, Fu 7042 rose 50 fixed 9550, 7050 rose 100 fixed
    9700.

    Warehouse receipt data: 4991
    .

    Fundamentally, petrochemical inventories continued to increase this week, but large installations gradually entered a state of maintenance, coupled with the peak demand season, it is expected that the supply will gradually decrease, and the price decline will be limited
    .

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