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    Home > Chemicals Industry > New Chemical Materials > June 17 LLDPE morning review

    June 17 LLDPE morning review

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    LLDPE1609 contract shocked high to open high, short-term below focus on support around 8200, above to test the pressure around 8500-8600, short-term maintenance in the 8200-8600 range oscillation, intraday late position reduction slightly downward, some bulls took profits, do not rule out short-term pullback risk, but the mid-line still maintains the bullish trend unchanged, it is recommended to consider profit reduction, short positions range bargain long trading
    .

    LLDPE

    News side: 1.
    Pucheng clean energy full-density polyethylene plant capacity is 300,000 tons/year and 7042
    .
    Today, the listing price of 7042 factory rose by 70 yuan / ton to 8380 yuan / ton
    .

    Raw material prices: 1, Japan naphtha CF Japan reported 416.
    88 yuan / ton, down 1.
    62; naphtha FOB Singapore reported 44.
    54 US dollars / barrel, down 0.
    16
    .
    Ethylene CFR Northeast Asia was flat at $1040/mt, and CFR Southeast Asia was flat at $1045/mt
    .

    Spot prices: foreign spot market prices were basically flat, and Far East reported 1085 US dollars / ton, flat; The Middle East was flat at $1075/mt; Domestic market prices were mixed, with North China Daqing reporting 8700 yuan / ton, flat; East China Yuyao Jilin Petrochemical 8800 tons, flat; South China reported 8850 yuan / ton, flat
    .
    Northwest Dushanzi reported 8650 yuan / ton, unchanged
    .

    Warehouse receipt data: 68
    .

    Fundamentally, the short-term overall linear social inventory remained moderately lower, the downstream post-holiday replenishment coupled with traders completing orders near the middle and late months, the atmosphere was slightly better, some regions raised the factory price, and the current price of the support period was strengthened
    .

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