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

    May 17 LLDPE morning review

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    On Monday, the LLDPE1609 contract increased its position to the downside, testing the pressure near the five-day line above, focusing on the support around 7800 below, and the light short position on the five-day line during the day
    .

    LLDPE

    Spot prices: foreign spot market prices were basically flat, Far East reported 1135 tons, down 5; East reported 1125 US dollars / ton, down 5; The price in the domestic market was basically flat, and North China Daqing reported 8600 yuan / ton, flat; East China Yuyao Jilin Petrochemical 8800 tons, flat; South China reported 9,000 yuan / ton, down 80
    .
    Northwest Dushanzi reported 8600 yuan / ton, unchanged
    .

    News side: 1.
    The total production capacity of Zhongtian Hechuang PE plant is 670,000 tons, including 120,000 tons/year LDPE (kettle) plant, 250,000 tons/year LDPE (tubular) device and 300,000 tons/year full-density plant, which is planned to be put into operation
    in October 16.

    Raw material prices: 1, Japan naphtha CF Japan reported 415.
    75 yuan / ton, down 3.
    5; naphtha FOB Singapore reported 44.
    35 US dollars / barrel, down 0.
    39
    .
    Ethylene CFR Northeast Asia was at $1180/ton, down 10, and CFR Southeast Asia was at $1140/ton, down 5
    .

    Warehouse receipt data: 2280, an increase of 82
    .

    On the whole, short-term downstream demand is not good, petrochemical inventories have rebounded slightly, coupled with some equipment inspection and repair workers, it is expected that the short-term supply pressure will be greater, but in the middle and late months as traders complete the task of taking orders, it is expected that there will still be a slight support for the market, and the decline is limited
    .

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