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    Home > Chemicals Industry > New Chemical Materials > July 6 LLDPE morning review

    July 6 LLDPE morning review

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    On Tuesday, LLDPE1609 contract volatility higher, short-term below the test of the five-day line near the support level, above the test of 9600 first pressure level, 9900 second pressure level, is expected to maintain short-term high volatility, it is recommended that some long orders take profits, short positions wait and see
    for the time being.

    LLDPE

    Raw material prices: Japan naphtha CF Japan reported 427.
    75 yuan / ton, up 9.
    75; naphtha FOB Singapore reported 45.
    83 US dollars / barrel, up 0.
    83
    .
    Ethylene CFR Northeast Asia was flat at $1125/mt, and CFR Southeast Asia was flat at $1905/mt
    .

    Spot price: the foreign spot market price is basically flat, and the Far East is reported at 1125 US dollars / ton, flat; The Middle East was closed at $1115/ton, flat; Domestic market prices rose slightly, North China Daqing reported 9100 yuan / ton, up 100; East China Yuyao Jilin Petrochemical 9400 tons, up 150; South China News 9350 yuan / ton, flat
    .
    Northwest Dushanzi reported 9050 yuan / ton, unchanged
    .

    Warehouse receipt data: 63
    .

    News side: 1.
    On July 5, some petrochemical PE stocks in North China continued to decline compared with the stocks on June 28, with a decrease of about 15.
    16%, and the stocks of the three varieties decreased to varying degrees
    .

    Fundamentally, the short-term petrochemical linear inventory is overall low, the factory price is firm, the futures market is higher, in the later stage, the demand season is coming, it is expected that the downstream operating rate has rebounded, and some devices are expected to be repaired, the fundamentals are still positive, but the short-term downstream is cautious about the purchase of high-priced raw materials, and the risk
    of pullback is not excluded.

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