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    Home > Chemicals Industry > New Chemical Materials > LLDPE volatility closed higher and it is expected that there is still upside

    LLDPE volatility closed higher and it is expected that there is still upside

    • Last Update: 2022-12-01
    • Source: Internet
    • Author: User
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    Today, the LLDPE1609 contract closed up in volatility, testing support around 8350 below, pressure around 8700 testing above, short-term LLDPE maintaining oscillations in the range of 8350-8700, and it is recommended to rely on light positions around 8470 during the day
    .

    LLDPE

    Spot price: the foreign spot market price is basically flat, and the Far East reported 1175 yuan / ton, flat; The Middle East was flat at $1160/mt
    .
    The price in the domestic market was basically flat, and North China Daqing reported 9400 yuan / ton, flat; East China Yuyao Jilin Petrochemical 9500 tons, flat; South China reported 9600 yuan / ton, flat
    .
    Northwest Dushanzi reported 9400 yuan / ton, unchanged
    .

    News side: The LLDPE price of CNPC North China Company is stable, the ratio of solute 2 tied to solute in Shandong is 1 to 3, and the ratio of solute is 1:1
    in Tianjin.
    Japan Naphtha CF Japan was at $394.
    75 a tonne, up 4.
    87, while naphtha FOB Singapore was at $42.
    27 a barrel, up 0.
    65
    .
    Ethylene CFR Northeast Asia was flat at $1205/mt, and CFR Southeast Asia was flat at $1160/mt
    .

    At the beginning of the month, Petrochemical implemented a price policy, boosting LLDPE futures prices, after the market, port inventory is not much, coupled with the planned maintenance of some devices in April, it is expected that LLDPE prices still have upside, but China Coal Mengda is expected to put into operation, and the consumption season is gradually weakening, the middle line needs to pay attention to the upper pressure
    .

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