October 11 LLDPE morning review

Raw material prices: Japan naphtha CF Japan reported 445.
25 yuan / ton, up 11.
75; naphtha FOB Singapore reported 47.
67 US dollars / barrel, up 1.
38
.
Ethylene CFR Northeast Asia was at $1090/ton, down 10, and CFR Southeast Asia was flat at $1040/ton
.

Spot price: the foreign spot market price is basically flat, and the Far East is reported at 1140 US dollars / ton, flat; The Middle East was flat at $1129/ton; The price of the domestic market rose from before the holiday, and North China Daqing reported 9250 yuan / ton, up 50; East China Yuyao Jilin Petrochemical 9550 tons, up 200; South China reported 9500 yuan / ton, flat
.
Northwest Dushanzi reported 9250 yuan / ton, up 200
.

News side: 1.
Lanzhou Petrochemical's 200,000-ton high-voltage device produced 2426H today, and there is no qualified product output
.
The 300,000-ton full-density unit produced 7042 today, and there is no qualified product output
.

Warehouse receipt data: 9603
.

Affected by the strengthening of crude oil and downstream pre-holiday stocking, petrochemical inventories have been digested to a certain extent, and ex-factory prices have risen, driving futures prices to rebound, but most of the equipment inspection and repair workers after the holiday, and the impact of new production capacity is expected to increase market supply pressure, pay attention to the post-holiday petrochemical policy, and the market supply and demand side, due to a certain replenishment behavior and crude oil strengthening downstream after the holiday, driving plastic prices higher, but the medium line pays attention to market supply and demand changes
.