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    Home > Chemicals Industry > New Chemical Materials > The HDPE market is moving well and traders are cautious in purchasing

    The HDPE market is moving well and traders are cautious in purchasing

    • Last Update: 2022-11-29
    • Source: Internet
    • Author: User
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    On March 2, the main domestic HDPE market trended well, and the market was partially higher
    .
    Most petrochemicals frequently raise factory prices, hyperate enthusiasm, merchants actively follow the increase in shipments
    .
    However, downstream demand is flat, and the actual volume is not good
    .

    HDPE market

    Oil prices rose on Tuesday, with New York Mercantile Exchange light sweet crude futures closing up 65 cents, or 1.
    9 percent, at $34.
    40 a barrel, the highest close since Jan.
    5
    .
    Intercontinental Exchange (ICE) Brent crude futures rose 24 cents, or 0.
    7 percent, to $36.
    81 a barrel, the highest level
    since Jan.
    4.

    On Tuesday (March 1), the Asian ethylene market price was raised, and the CFR Northeast Asia price rose by $5 to close at $1014.
    5-1016.
    5 / ton; CFR Southeast Asia rose $5 to settle at $1014.
    5-1016.
    5/mt
    .

    In the spot market, the quotation part of the HDPE market rose slightly, and the downstream demand was flat, and the demand was just the mainstay
    .
    The pricing of the HDPE market in the southwest of CNPC was raised individually, with 5000S (Daqing Petrochemical) up 100 yuan to 9300 yuan / ton, 5000S (Lanzhou Petrochemical) up 100 yuan to 9250 yuan / ton, and 5502 (Dushanzi Petrochemical) up 100 yuan to 8950 yuan / ton
    .
    CNPC South China HDPE market partially adjusted, 5502 (Dushanzi Petrochemical) rose 50 yuan to 8950 yuan / ton, 6097 (Daqing Petrochemical) rose 50 yuan to 8850 yuan / ton, 2911 (Fushun Petrochemical) fell 50 yuan to 8550 yuan / ton
    .
    Some pricing in the North China HDPE market of PetroChina rose, with 8920 (Dushanzi Petrochemical) up 100 yuan to 8500 yuan / ton, 5000S (Daqing Petrochemical) up 100 yuan to 9200 yuan / ton, and 5300B (Daqing Petrochemical) up 100 yuan to 8700 yuan / ton
    .

    Under the influence of the price adjustment of petrochemical enterprises, coupled with the rise of international crude oil and linear futures, the slight increase of monomer and external disk, the mentality of traders has changed subtly, tentatively raising quotations, but the extent is limited
    .
    However, from the actual transaction situation, the enthusiasm of downstream factories to enter the market still needs to be improved, and it is difficult to show signs
    of improvement in the terminal demand of the HDPE market.

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