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

    June 6 LLDPE morning review

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    On Friday, the LLDPE1609 contract closed up in volatility, testing the pressure around 8300 above, focusing on the support around 7900 below, and it is expected to maintain a strong shock in the 7900-8300 range in the short term, relying on the light position around 8050 during the day
    .

    LLDPE

    News side: 1, Ningxia Baofeng 300,000 tons / year polyethylene plant stopped on the evening of May 5, I heard that the methanol plant has been driving, the polyethylene plant has recently started, and it is planned to produce 7042
    after driving.

    Raw material prices: 1, Japan naphtha CF Japan reported 430.
    62 yuan / ton, up 2.
    24; naphtha FOB Singapore reported 45.
    9 US dollars / barrel, up 0.
    29
    .
    Ethylene CFR Northeast Asia was at $1055/ton, down 15, and CFR Southeast Asia was at $1045/ton, down 20
    .

    Spot price: the foreign spot market price is basically flat, and the Far East is reported at 1090 US dollars / ton, flat; The Middle East was flat at $1080/ton; The domestic market price was basically flat, North China Daqing reported 8500 yuan / ton, flat; East China Yuyao Jilin Petrochemical 8850 tons, flat; South China reported 8800 yuan / ton, flat
    .
    Northwest Dushanzi reported 8500 yuan / ton, unchanged
    .

    Warehouse receipt data: 331, down 146 from the previous trading day
    .

    Short-term social inventory fell slightly, the overall social inventory pressure is not large, and petrochemical profits remain at a relatively low level, although the traditional demand is off-season, but petrochemical prices remain firm, coupled with the repair of the current price difference, it is expected that the futures price is expected to bottom out.

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