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October is the traditional peak season of the polyethylene market, so it is also called "Silver Ten", but it is obvious that the polyethylene market has not shown obvious signs of peak seas.
product name | brand | September 30 | October 31 | ups and downs |
LDPE | Shanghai Petrochemical Q281 | 8600 | 8550 | -50 |
LDPE | Daqing Petrochemical 2426H | 8700 | 8450 | -250 |
LLDPE | Daqing Petrochemical 7042 | 7900 | 7600 | -300 |
LLDPE | Shanghai SECCO LL0220KJ | 8050 | 7750 | -300 |
HDPE | Daqing Petrochemical 5000S | 8900 | 8600 | -300 |
HDPE | Taiwan Plastic 9001 | 9500 | 8600 | -900 |
product name | brand | September 30 | October 31 | ups and downs |
LDPE | Shanghai Petrochemical Q281 | 8600 | 8550 | -50 |
LDPE | Daqing Petrochemical 2426H | 8700 | 8450 | -250 |
LLDPE | Daqing Petrochemical 7042 | 7900 | 7600 | -300 |
LLDPE | Shanghai SECCO LL0220KJ | 8050 | 7750 | -300 |
HDPE | Daqing Petrochemical 5000S | 8900 | 8600 | -300 |
HDPE | Taiwan Plastic 9001 | 9500 | 8600 | -900 |
Upstream: International crude oil: Although.
supply:
petrochemical name | production equipment | Capacity | arrange plan |
Guangzhou Petrochemical | full density device | 20 | Parking starts on October 10, and the initial plan is maintained until around November 5 |
Shanghai Jinfei | low voltage device | 15 | Shut down for maintenance on October 22, until November 13 |
Maoming Petrochemical | 1# high pressure device | 11 | On October 24th, the parking is pending, and the driving time is to be determined |
Zhongsha Tianjin | Linear device | 30 | Temporary parking on October 29, planned maintenance for 3-4 days |
Lanzhou Petrochemical | new full density | 30 | Parking for about a week from October 29 |
Jiutai Energy | full density device | 28 | From October 30th, parking for about 3-4 days |
petrochemical name | production equipment | Capacity | arrange plan |
Guangzhou Petrochemical | full density device | 20 | Parking starts on October 10, and the initial plan is maintained until around November 5 |
Shanghai Jinfei | low voltage device | 15 | Shut down for maintenance on October 22, until November 13 |
Maoming Petrochemical | 1# high pressure device | 11 | On October 24th, the parking is pending, and the driving time is to be determined |
Zhongsha Tianjin | Linear device | 30 | Temporary parking on October 29, planned maintenance for 3-4 days |
Lanzhou Petrochemical | new full density | 30 | Parking for about a week from October 29 |
Jiutai Energy | full density device | 28 | From October 30th, parking for about 3-4 days |
Demand: After the "Golden Nine and Silver Ten", downstream demand tends to be flat, and purchases are cautious, and just need is the ma.
Futures: The macro weakness is superimposed on the expectation of new supply, and the short-term futures market will maintain a range-bound patte.
To sum up, the polyethylene market is prominently affected by the contradiction between supply and dema.