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    Home > Chemicals Industry > New Chemical Materials > August 3 LLDPE morning review

    August 3 LLDPE morning review

    • Last Update: 2022-12-03
    • Source: Internet
    • Author: User
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    LLDPE1701 contract volatility closed down, futures price above test pressure around 9100, below test support around 8700, short-term maintenance in the 8700-9100 range oscillation, recommended range bargain trading
    .

    LLDPE

    Raw material prices: Japan naphtha CF Japan reported 357.
    62 yuan / ton, up 8; Naphtha FOB Singapore was trading at $37.
    39 a barrel, up 0.
    58
    .
    Ethylene CFR Northeast Asia was flat at $1095/mt, and CFR Southeast Asia was flat at $1035/mt
    .

    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; Domestic market prices fell slightly, North China Daqing reported 9100 yuan / ton, flat; East China Yuyao Jilin Petrochemical 9200 tons, flat; South China News 9250 yuan / ton, flat
    .
    Northwest Dushanzi reported 8850 yuan / ton, unchanged
    .

    News side: 1.
    Ningxia Baofeng 300,000 tons/year polyethylene plant production 8008
    .

    Warehouse receipt data: 1320
    .

    Fundamentally, affected by the insufficient follow-up of downstream demand, plastic inventories have increased, but linear inventory growth is limited, and in the later stage, some devices of the G20 summit are stopped, and the planned production of new capacity equipment has limited impact on LLDPE, and it is expected that the short-term LLDPE price decline will be limited
    .

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