echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > May 30 LLDPE morning review

    May 30 LLDPE morning review

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    On Friday, the LLDPE1609 contract closed in volatility, testing pressure around 8100 above, focusing on support around 7750 below, and recommended range trading
    within the day.

    LLDPE

    News: 1.
    The price of LLDPE7042 of CNPC North China fell by 100 to 8600 yuan / ton
    .
    2.
    Ningxia Baofeng's 300,000 tons/year polyethylene plant stopped on the evening of the 5th, and I heard that the olefin plant was scheduled to start up
    from May 28 to 30.

    Raw material prices: 1, Japan naphtha CF Japan reported 417 yuan / ton, down 12.
    62; naphtha FOB Singapore reported 44.
    49 US dollars / barrel, down 1.
    5
    .
    Ethylene CFR Northeast Asia was at $1110/ton, down 10, and CFR Southeast Asia was at $1090/ton, down 30
    .

    Spot prices: foreign spot market prices were basically flat, with the Far East reported 1110 tons, flat; East reported 1100 US dollars / ton, flat; The price in the domestic market was basically flat, and North China Daqing reported 8600 yuan / ton, flat; East China Yuyao Jilin Petrochemical 8750 tons, flat; South China reported 8800 yuan / ton, flat
    .
    Northwest Dushanzi reported 8500 yuan / ton, unchanged
    .

    Warehouse receipt data: 721
    .

    Near the end of the year, traders opened orders to take goods, coupled with the maintenance of some equipment, the overall social inventory level decreased slightly, but due to the recent gradual resumption of equipment work, coupled with weak downstream demand, petrochemical lowered the factory price, and is expected to maintain a low level of volatility in the short term
    .

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.