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    Home > Chemicals Industry > New Chemical Materials > January 11 LLDPE morning review

    January 11 LLDPE morning review

    • Last Update: 2022-12-04
    • Source: Internet
    • Author: User
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    LLDPE1705 contract volatility closed higher, short-term lower test around 9600 support, above test pressure around 10000, short-term is expected to maintain in the 9600-10000 range of strong volatility, it is recommended to trade long in the 9600-10000 range
    .

    LLDPE

    Raw material prices: Japan naphtha CF Japan reported 513.
    25 yuan / ton, up 2.
    25; naphtha FOB Singapore reported 55.
    28 US dollars / barrel, up 0.
    28
    .
    Ethylene CFR Northeast Asia was flat at $1130/mt, and CFR Southeast Asia was flat at $980/mt

    Spot prices: foreign spot market prices fell slightly, Far East reported 1150 US dollars / ton, down 10; The Middle East was at $1137/mt, down 10
    .
    The market price was basically flat, North China Daqing reported 9980 yuan / ton, flat; East China Yuyao Jilin Petrochemical 10,150 tons, up 10; South China News 10150 yuan / ton, flat
    .
    Northwest Dushanzi reported 9800 yuan / ton, unchanged
    .

    News side: 1, PE Sinopec South China linear: Mao 7042 fixed 10100, Guangzhou 7042 fixed 10150, 2001 fixed 10100, Fu 7042 fixed 10050, 7050 fixed 10100
    .

    Warehouse receipt data: 6666.

    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
    .

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