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PE: Rainy and rainy, waiting for the clearing

 Last Update: 2022-08-16
 Source: Internet
 Author: User

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product name	brand	May 31	June 19	ups and downs
LDPE	Shanghai Petrochemical Q281	8900	8600	-300
LDPE	Daqing Petrochemical 2426H	8700	8400	-300
LLDPE	Zhenhai Refinery 7042	8200	7800	-400
LLDPE	Shanghai SECCO LL0220KJ	8100	7850	-250
HDPE	Daqing Petrochemical 5000S	9250	9100	-150
HDPE	Taiwan Plastic 9001	9550	9150	-400

product name	brand	May 31	June 19	ups and downs
LDPE	Shanghai Petrochemical Q281	8900	8600	-300
LDPE	Daqing Petrochemical 2426H	8700	8400	-300
LLDPE	Zhenhai Refinery 7042	8200	7800	-400
LLDPE	Shanghai SECCO LL0220KJ	8100	7850	-250
HDPE	Daqing Petrochemical 5000S	9250	9100	-150
HDPE	Taiwan Plastic 9001	9550	9150	-400

Product Name Brand May 31 June 19 Changes LDPE Shanghai Petrochemical Q281 8900 8600 -300 LDPE Daqing Petrochemical 2426H 8700 8400 -300 LLDPE Zhenhai Refinery 7042 8200 7800 -400 LLDPE Shanghai Secco LL0220KJ 8100 7850 -250 HDPE Daqing Petrochemical 5000S 9250 9100 -150 HDPE Taiwan Plastic 9001 9550 9150 -400 Product Name Brand May 31 June 19 Ups and Downs Product Name Product Name Brand May 31 May 31 May 31 June 19June 19th June 19th ups and downs _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ LDPE LDPE Daqing Petrochemical 2426H Daqing Petrochemical 2426H 8700 8700 8700 8400 8400 8400 -300 -300 -300 LLDPE Zhenhai Refinery 7042 8200 7800 -400 LLDPELLDPE LLDPE70427042 8200 8200 8200 7800 7800 7800 -400 -400 -400 LLDPELL0220KJ 8100 7850 -250 LLDPE LLDPE LLDPELL0220KJLL0220KJ 8100 8100 8100 7850 7850 7850 -250 -250 -250 HDPE Daqing Petrochemical 5000S 9250 9100 -150 HDPE HDPE HDPE Daqing Petrochemical 5000S Daqing Petrochemical 5000S 9250 9250 9250 9100 91009100 -150 -150 -150 HDPE Taiwan Plastic 9001 9550 9150 -400 HDPE HDPE HDPE Taiwan Plastic 9001 Taiwan Plastic 9001 9550 9550 9550 9150 9150 9150 -400 -400 -400

Price list of some PE grades in China Plastics City (unit: RMB/ton)

After the trough in May, the domestic polyethylene market was still sluggish in June, and the market fell endless.

On the supply side, since the return of the Dragon Boat Festival, the petrochemical inventory has climbed to a high of 920,000 tons, and the pressure of spot circulation in the market has increas.

On the demand side, demand has always been the key to affecting market conditio.

Market mentality, there are not many maintenance devices in June, the two oil stocks are under great pressure, and the price of petrochemical pine has further exacerbated the downward pressu.

To sum up, the contradiction between supply and demand will continue to drag down the trend of the spot market, and the commissioning of new devices will inevitably intensify the supply pressu.

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