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    Home > Chemicals Industry > New Chemical Materials > January 16 LLDPE morning review

    January 16 LLDPE morning review

    • Last Update: 2022-12-04
    • Source: Internet
    • Author: User
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    LLDPE1705 contract increased positions upward, short-term below test support around 9800, above test pressure around 10300, short-term technical indicators turned upward, lower moving average long arrangement, expected futures price to maintain strong volatility, it is recommended to go long
    in the 9800-10300 range.

    LLDPE

    Raw material prices: Japan naphtha CF Japan reported 520.
    5 yuan / ton, down 1.
    62; naphtha FOB Singapore reported 56.
    59 US dollars / barrel, down 0.
    06
    .
    Ethylene CFR Northeast Asia was flat at $1110/ton, and CFR Southeast Asia was at $1005/ton, up 20
    %.

    Spot price: the foreign spot market price was basically flat, and the Far East reported 1135 US dollars / ton, down 5; The Middle East was trading at $1123/mt, down 5
    %.
    Market prices rose slightly, North China Daqing reported 10,000 yuan / ton, flat; East China Yuyao Jilin Petrochemical 10,150 tons, flat; South China News 10150 yuan / ton, flat
    .
    Northwest Dushanzi reported 9850 yuan / ton, up 50
    .

    News side: 1, Shanghai Petrochemical 1PE equipment first-line production Q210; second-line N210; 2PE device production Q281; The low-voltage device produces YGH041T
    .
    The high-pressure production capacity of the device is 200,000 tons/year, and the low-pressure production capacity is 250,000 tons/year
    .

    Warehouse receipt data: 5948
    .

    At the end of the year, the source of imported goods increased, the port inventory level rose, the downstream began to stop work and holiday near the Spring Festival, demand weakened, and social inventory increased, but in the peak season of mulch film consumption, terminal mulch film demand gradually started, traders or bargain after the price pullback, limiting the price decline space, short-term maintenance of strong shock
    .

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