August 26 LLDPE morning review

Raw material prices: Japan naphtha CF Japan reported 400.
12 yuan / ton, up 1.
12; naphtha FOB Singapore reported 42.
35 US dollars / barrel, up 0.
22
.
Ethylene CFR Northeast Asia was at $1180/ton, up 5, and CFR Southeast Asia was flat at $1070/ton
.

Spot prices: foreign spot market prices fell slightly, Far East reported 1130 US dollars / ton, down 10; The Middle East reported $1119/ton, down 9; The domestic market price was basically flat, North China Daqing reported 9200 yuan / ton, flat; East China Yuyao Jilin Petrochemical 9500 tons, flat; South China News 9450 yuan / ton, flat
.
Northwest Dushanzi reported 9100 yuan / ton, up 50
.

News side: 1.
Qilu Petrochemical's planned PE output in August was 54,800 tons, a decrease of about 1,700 tons from July, mainly due to the decrease
in linear planning.
Among them, the planned output of 7042 in August is about 520 tons, the planned output of 2480 is about 7150 tons, the planned output of 6098 is about 6600 tons, the planned output of 0000 is about 3000 tons, the planned output of TN26 is about 8900 tons, and the planned output of 02 is about
2000 tons.

Warehouse receipt data: 5450
.

Fundamentally, petrochemical inventories have decreased slightly this week, some have gradually entered a maintenance state, coupled with the peak demand season in the future, supply is expected to continue to decrease, and there are not many goods delivered in September, which has limited impact on the market, and it is expected that the price downward momentum is limited
.