-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
On Thursday, Liansu L2101 contract increased its position, and the futures price fluctuated lower, closing at 7315 on the day, -130 yuan from the previous trading day; The trading volume was 290885 lots, and the position was reported 268423 lots, +12619; the basis was 85 yuan
.
News: 1.
In September 2020, China's polypropylene production was 2.
2209 million tons, down 14,100 tons, or 0.
63%, and up 464,400 tons, or 26.
44%,
year-on-year.
From January to September 2020, China's total polypropylene production was 18.
8211 million tons, an increase of 2.
5525 million tons or 15.
69%
over the same period last year.
2.
The PE inventory of domestic polyethylene enterprises (oil + coal) in this cycle decreased by 21.
23%
compared with the first working day after the holiday.
Among them, the total inventory of PE of two barrels of oil decreased from the first working day after the holiday, with a decrease of 23.
59%.
Among them, Sinopec's PE inventory fell by 23.
60%; CNPC PE inventories fell 23.
58%
from last week.
The total PE inventory of coal-based enterprises decreased by 13.
11%
compared with the first working day after the holiday.
The PE inventory of domestic sample traders fell this week, down 43.
53%
from the first working day after the holiday.
3.
The downstream agricultural film industry started work at 45.
4% in this cycle, up 1.
2 percentage points from the first working day after the holiday; the pipe industry started at 53%, up 2 percentage points; The operating rate of the packaging film industry was 69.
4%, down 0.
2 percentage points
.
Market quotation: North China Daqing Petrochemical 7042 mainstream price is 7400 yuan / ton, -50 yuan
.
Warehouse receipt inventory: 1065 warehouse receipts, +0 sheets
.
Main positions: top 20 long positions; Short positions
.
Increased
headroom.
Summary: After entering the middle and late October, PE has a new plant production plan, and the equipment for later maintenance is gradually reduced, and the inventory of two barrels of oil and petrochemical after the holiday has increased significantly, indicating that the supply of the market in the later period has increased
.
On the demand side, as the weather gradually gets colder, the demand for agricultural film in the north will recover, and the orders of BOPP companies will also increase steadily, indicating that downstream demand has recovered well, and these factors support
linear prices.
Operationally, investors should
operate in the range of 7250-7400.
