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With the advent of the "Double Eleven" shopping carnival, the surge in the sales of small household appliances and the growth of the consumer side have once again ushered in a wave of rapid price increases in the Chinese commodity mark.
product name | brand | October 30 | November 3 | ups and downs |
LDPE | Shanghai Petrochemical Q281 | 10700 | 10900 | 200 |
LDPE | Daqing Petrochemical 2426H | 10650 | 10800 | 150 |
LLDPE | Daqing Petrochemical 7042 | 7700 | 7700 | 0 |
LLDPE | Shanghai SECCO LL0220KJ | 8000 | 8100 | 100 |
HDPE | Daqing Petrochemical 5000S | 8700 | 8700 | 0 |
HDPE | Fushun Petrochemical 2911 | 8200 | 8200 | 0 |
HDPE | Iran Petrochemical BL3 | 8000 | 7800 | -200 |
Price list of some PE grades in China Plastics City (unit: RMB/ton)
First look at the supply side:
According to statistics, in November, polyethylene production enterprises mainly carried out maintenance: Sino-Korea Petrochemical 300,000 tons/year HDPE plant started maintenance on October 16, planned maintenance for 67 days; 300,000 tons/year LLDPE plant was shut down for maintenance on October 15 , the planned maintenance is 69 da.
Looking at the demand side again: the traditional peak demand season "Golden Nine Silver Ten" is coming to an e.
Summary: Futures have been pushed up recently, boosting market confidence in tradi.