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    Home > Chemicals Industry > New Chemical Materials > September 21 LLDPE morning review

    September 21 LLDPE morning review

    • Last Update: 2022-12-03
    • Source: Internet
    • Author: User
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    LLDPE1701 contract closed down in volatility, short-term first support level test 8650, upper test pressure around 8800, is expected to maintain short-term 8650-8800 range volatility, recommended range trading
    .

    LLDPE

    Raw material price: Japan naphtha CF Japan reported 398.
    25 yuan / ton, up 4; Naphtha FOB Singapore was trading at $42.
    67 a barrel, up 0.
    56
    .
    Ethylene CFR Northeast Asia was at $1180/ton, down 5, and CFR Southeast Asia was at $1050/ton, down 5
    .

    Spot prices: foreign spot market prices were basically flat, Far East reported 1140 US dollars / ton, down 20; The Middle East was reported at $1129/ton, down 20; The price in the domestic market was basically flat, and North China Daqing reported 8800 yuan / ton, down 100; East China Yuyao Jilin Petrochemical 9200 tons, flat; South China reported 9200 yuan / ton, flat
    .
    Northwest Dushanzi reported 9,000 yuan / ton, unchanged
    .

    News side: 1, CNPC North China LLDPE guidance price reduced by 100
    .
    Ji/Fu 7042/7042N guidance price 8900 yuan / ton, Daqing 7042/Du 0209AA/7047 guidance 8800 yuan / ton, 7042H guidance price 9000 yuan / ton
    .

    Warehouse receipt data: 11876
    .

    Affected by the maintenance of the device in the early stage, the overall operating rate declined, but with the gradual resumption of work of the device, it is expected that the market supply will increase slowly, coupled with the inventory of exchange warehouse receipts flowing into the market in September, causing certain supply pressure in the short term, the market is in the destocking stage, and the downstream gold nine silver ten starts slowly, limiting the upward momentum
    of the price.

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