January 20 LLDPE morning review

Raw material prices: Japan naphtha CF Japan reported 516.
12 yuan / ton, up 3.
5; naphtha FOB Singapore reported 56.
24 US dollars / barrel, up 0.
33
.
Ethylene CFR Northeast Asia was flat at $1110/mt, and CFR Southeast Asia was flat at $1005/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/mt
.
Market prices rose slightly, North China Daqing reported 10,050 yuan / ton, flat; East China Yuyao Jilin Petrochemical 10,200 tons, flat; South China News 10150 yuan / ton, flat
.
Northwest Dushanzi reported 9950 yuan / ton, unchanged
.

News side: 1, Shanghai Jinfei PE pricing sales: TR480 at 10400, HHM5502 at 10500, HXM50100 at 10700, TR210/TR210HS at 11000
.
(: yuan/ton) plant production 5502, the device is planned for January 23-24 operational shutdown maintenance, the start-up date is tentatively set for February 16-17, the device involves a production capacity of 135,000 tons
.

Warehouse receipt data: 5946
.

At the end of the year, the source of imported goods increased, the port inventory level rose, but the short-term by the price increase, social inventory slightly declined, the later Spring Festival is approaching the high-priced raw materials downstream light warehouse for the New Year, logistics companies are also gradually on holiday, it is expected that petrochemical inventory will slowly increase, and the price is expected to rise sharply with limited momentum
.