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    Home > Chemicals Industry > New Chemical Materials > LLDPE market trend is good, downstream demand needs to be improved

    LLDPE market trend is good, downstream demand needs to be improved

    • Last Update: 2022-11-29
    • Source: Internet
    • Author: User
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    On March 2, the main domestic LLDPE market trended well, and the market was partially higher
    .
    Most petrochemicals frequently raise factory prices, hyperate enthusiasm, merchants actively follow the increase in shipments
    .
    However, downstream demand is flat, and the actual volume is not good
    .

    LLDPE market

    Oil prices rose on Tuesday, with New York Mercantile Exchange light sweet crude futures closing up 65 cents, or 1.
    9 percent, at $34.
    40 a barrel, the highest close since Jan.
    5
    .
    Intercontinental Exchange (ICE) Brent crude futures rose 24 cents, or 0.
    7 percent, to $36.
    81 a barrel, the highest level
    since Jan.
    4.

    On Tuesday (March 1), the Asian ethylene market price was raised, and the CFR Northeast Asia price rose by $5 to close at $1014.
    5-1016.
    5 / ton; CFR Southeast Asia rose $5 to settle at $1014.
    5-1016.
    5/mt
    .

    In the spot market, LLDPE market quotations are mixed, and merchants have a general mentality and slightly let out shipments
    .
    The listing price of CNPC South China LLDPE market was partially raised, with 7042 (Fushun Petrochemical) up 50 yuan to 9,000 yuan / ton, 7042 (Sichuan Petrochemical) up 50 yuan to 8,950 yuan / ton, and 7042N (Lanzhou Petrochemical) up 50 yuan to 9,000 yuan / ton
    .
    The listing price of the LLDPE market of CNPC Southwest was partially raised, with 7042 (Dushanzi Petrochemical) up 100 yuan to 8800 yuan / ton, 7042 (Sichuan Petrochemical) up 100 yuan to 8800 yuan / ton, and 7042H (Lanzhou Petrochemical) up 100 yuan to 8900 yuan / ton
    .
    CNPC North China LLDPE market pricing was raised, 7042 (Jilin Petrochemical) rose 100 yuan to 8900 yuan / ton, 7047 (Daqing Petrochemical) rose 100 yuan to 8900 yuan / ton, 0209AA (Dushanzi Petrochemical) rose 100 yuan to 8900 yuan / ton
    .

    Under the influence of the price adjustment of petrochemical enterprises, coupled with the rise of international crude oil and linear futures, the slight increase of monomer and external disk, the mentality of traders has changed subtly, tentatively raising quotations, but the extent is limited
    .
    However, from the actual transaction situation, the enthusiasm of downstream factories to enter the market still needs to be improved, and it is difficult for the terminal LLDPE market demand to show signs
    of improvement.

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