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    Home > Chemicals Industry > New Chemical Materials > Liansu overall weakness market production and sales are light

    Liansu overall weakness market production and sales are light

    • Last Update: 2022-12-09
    • Source: Internet
    • Author: User
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    Liansu 1805 contract opened at 9345 yuan / ton, the highest 9365 yuan / ton, the lowest to 9165 yuan / ton, closed at 9315 yuan / ton, down 25, or 0.
    27% on a daily basis, the trading volume increased to 419,000 lots, and the position increased by 11,288 lots to 415,000 lots
    .

    Continuous plastic

    News side: 1, CNPC East China LLDPE price report: Jilin/Daqing 7042 9400, Lanhua 7042 9550, 7042N 9550, Fushun 7042 9350
    .
    (:RMB/ton)

    Raw material prices: Japan naphtha CFR Japan reported 572.
    5 tons, up 4; naphtha FOB Singapore reported 62.
    48 US dollars / barrel, up 0.
    25 US dollars
    .
    ethylene CFR Northeast Asia 1380 US dollars / ton, flat; CFR Southeast Asia was flat at $1280/mt
    .

    Spot price: The foreign spot market price is basically flat, the Far East reported 1205 yuan / ton, flat, the Middle East reported 1179 yuan / ton, flat
    .
    Market prices fell slightly, with North China Daqing reporting 9300 yuan / ton, flat; East China Yuyao reported 9,400 tons, flat; South China Guangzhou reported 9500 yuan / ton, flat; Northwest Dushanzi reported 9500 yuan / ton, unchanged
    .

    The domestic LLDPE market was generally weak, and the continuous decline in futures prices dragged down the spot market
    .
    The market production and sales are light, traders just need to take goods, and the industry mostly holds a wait-and-see situation
    .
    However, oil prices in Europe and the United States were high, and naphtha, which rose slightly, supported LLDPE prices
    .
    On the technical side, the LLDPE contract is supported below 9150, the 20-day moving average above is systematically suppressed, and the MACD green bar is contracted, indicating a short-term technical rebound
    .
    Operationally, trade
    in the range 9150-9450.

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