September 26 LLDPE morning review

Raw material prices: Japan naphtha CF Japan reported 410.
88 yuan / ton, down 3.
5; naphtha FOB Singapore reported 44.
19 US dollars / barrel, down 0.
39
.
Ethylene CFR Northeast Asia was at $1165/ton, down 10, and CFR Southeast Asia was at $1040/ton, down 5
.

Spot prices: foreign spot market prices fell slightly, Far East reported 1130 US dollars / ton, down 10; The Middle East was reported at $1119/ton, down 10; Domestic market prices fell slightly, North China Daqing reported 8800 yuan / ton, flat; East China Yuyao Jilin Petrochemical 9200 tons, down 50; South China News 9150 yuan / ton, flat
.
Northwest Dushanzi reported 8900 yuan / ton, unchanged
.

News side: 1, Yanshan petrochemical PE equipment: old high-voltage first-line production 1C7A, second-line production 1C7A, third-line production 1C7AS, new high-voltage production EVA18J3, low-voltage first-line production B5703 (5200B), second-line production planned parking repair on the evening of the 19th, and 6800CP on the 22nd
.
2.
It is understood that Shenhua Xinjiang's MTO device was successfully tested today, and polyolefin products are planned to be released on October 2, and Longzhong will continue to follow up the report
.
Shenhua Xinjiang has a high-pressure production capacity of 270,000 tons/year, and a production capacity of 2426H
after start-up.

Warehouse receipt data: 11819
.

Affected by the maintenance of the device in the early stage, the overall operating rate declined, but with the gradual resumption of the plant, it is expected that the market supply will increase slowly, coupled with the inventory of the exchange receipt in September, causing a certain supply pressure in the short term, the market is in the destocking stage, the downstream gold nine silver ten start slowly, the new capacity device product expectations, etc.
, suppressed the price upward momentum
.