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Supported by petrochemical quotations, LLDPE market quotations rose

 Last Update: 2022-11-29
 Source: Internet
 Author: User

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On March 4, the prices of the main LLDPE markets in China rose frequently, and the linear prices in various regions generally increased by
50-200 yuan / ton.
Linear futures continued to open high, most petrochemicals continued to rise, the market was supported, and merchants continued to follow the rise and shipment.

Terminal demand follow-up is slow, and real transaction negotiations are made
.

LLDPE market

Crude futures were mixed on Thursday, with New York Mercantile Exchange benchmark U.
S.
crude futures down 9 cents, or 0.
3 percent
, at $34.
57 a barrel.
Intercontinental Exchange (ICE) Brent crude futures rose $0.
14, or 0.
4 percent, to $37.
07 a barrel
.

In the spot market, LLDPE market quotations were partially higher
.
Demand continued to be flat, and the real transaction was a single talk
.
The listing price of CNPC South China LLDPE market was raised, with 7042 (Fushun Petrochemical) up 50 yuan to 9150 yuan / ton, 7042 (Sichuan Petrochemical) up 50 yuan to 9100 yuan / ton, and 7042N (Lanzhou Petrochemical) up 50 yuan to 9150 yuan / ton
.
CNPC Northeast LLDPE market pricing was raised, 7042 (Daqing Petrochemical) rose 200 yuan to 9050 yuan / ton, 7042 (Jilin Petrochemical) rose 200 yuan to 9100 yuan / ton, 7042 (Fushun Petrochemical) rose 200 yuan to 9050 yuan / ton
.
CNPC North China LLDPE market pricing was raised, 7042 (Daqing) rose 200 yuan to 9100 yuan / ton, 7042N (Lanzhou Petrochemical) rose 200 yuan to 9100 yuan / ton, 0209AA (Dushanzi Petrochemical) rose 200 yuan to 9100 yuan / ton
.

The current LLDPE market is obviously driven by favorable factors
.
First of all, international crude oil and monomers have risen
to varying degrees.
Second, petrochemical enterprises have actively introduced price policies
.
Traders' hype has gradually intensified, and they have followed the trend to report
higher.
It is expected that the LLDPE market is likely to continue to rise in the short term
.

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