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LLDPE1705 contract to reduce positions downward, short-term lower test 9700 mark support, upper test pressure around 10000, short-term maintain range volatility, it is recommended to wait and see
for the time being.
News side: 1.
Sinopec Chemical Sales North China Branch LLDPE January markup policy cancelled
Raw material prices: Japan naphtha CF Japan reported 497.
5 yuan / ton, down 0.
5; naphtha FOB Singapore reported 53.
41 US dollars / barrel, down 0.
09
.
Ethylene CFR Northeast Asia was flat at $1140/mt, while CFR Southeast Asia was at $980/mt, down 5
.
Spot price: the foreign spot market price is basically flat, the Far East reported 1155 US dollars / ton, flat; The Middle East was flat at $1142/mt
.
The market price was basically flat, North China Daqing reported 10150 yuan / ton, flat; East China Yuyao Jilin Petrochemical 10,200 tons, flat; South China reported 10,300 yuan / ton, flat
.
Northwest Dushanzi reported 9950 yuan / ton, unchanged
.
Warehouse receipt data: 9236
.
At the end of the year, the source of imported goods increased, the port inventory level rose, the social inventory increased slightly this week, and the later focus was paid to the stocking situation downstream of the mulch film consumption season, the short-term overall market supply and demand were relatively balanced, and the price was expected to remain range-bound
.
