July 25 LLDPE morning review

Raw material prices: Japan naphtha CF Japan reported 391.
38 yuan / ton, up 0.
76; naphtha FOB Singapore reported 41.
73 US dollars / barrel, up 0.
1
.
Ethylene CFR Northeast Asia was flat at $1135/mt, while CFR Southeast Asia was at $1060/mt, down 10
%.

Spot prices: foreign spot market prices are basically flat, and Far East is flat at $1130 / ton; The Middle East was flat at $1118/ton; Domestic market prices fell slightly, North China Daqing reported 9,000 yuan / ton, up 100; East China Yuyao Jilin Petrochemical 9,000 tons, flat; South China reported 9200 yuan / ton, flat
.
Northwest Dushanzi reported 8850 yuan / ton, unchanged
.

News side: 1.
Pucheng clean energy full-density polyethylene plant has a production capacity of 300,000 tons per year, and has started to produce 7042
.
Today, the price of 7042 plant increased by 40 yuan / ton to 8710 yuan / ton
.
2.
The production capacity of China Coal Shaanxi Yulin Energy Chemical Polyethylene Plant is 300,000 tons / year, which stopped on the 15th and started yesterday, and has now produced 7042
.

Warehouse receipt data: 1083
.

Fundamentally, near the end of the month, traders completed orders to take goods, and the futures spot price difference returned, which helped petrochemical inventory digestion, the future market paid attention to the demand season and the G20 summit some equipment shutdown, the impact on market supply, it is expected that short-term plastics will remain
high volatility.