January 10 LLDPE morning review

Raw material prices: Japan naphtha CF Japan reported 511 yuan / ton, up 6.
25; naphtha FOB Singapore reported 55 US dollars / barrel, up 0.
74
.
Ethylene CFR Northeast Asia was at $1130/ton, down 10, and CFR Southeast Asia was flat at $980/ton

Spot price: the foreign spot market price is basically flat, and the Far East reported 1160 US dollars / ton, flat; The Middle East was flat at $1147/mt
.
Market prices fell slightly, with North China Daqing reporting 9980 yuan / ton, unchanged; East China Yuyao Jilin Petrochemical 10,100 tons, up 50; South China News 10150 yuan / ton, flat
.
Northwest Dushanzi reported 9800 yuan / ton, down 50
.

News side: 1.
Production dynamics of Maoming Petrochemical PE plant: 110,000 tons/year 1# high-pressure output 951-000; 250,000 tons/year 2# high pressure was stopped for maintenance yesterday afternoon for 3-5 days as planned; 350,000 tons/year full-density plant produces LM2720A; 300,000 tons/year high-density plant to produce TR580M
.

Warehouse receipt data: 7226
.

At the end of the year, the source of imported goods increased, the port inventory level increased, and the social inventory also increased, but in the peak season of mulch film consumption, the downstream stocking was gradually started, and the short-term overall market supply and demand were relatively balanced, but after the price pullback, some of the bargain stocking, and the futures price difference limited the downward space of the futures price, and the short-term price maintained range shock
.