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The market supply pressure is large, and the upward drive of polyethylene is limited

 Last Update: 2022-12-20
 Source: Internet
 Author: User

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spring food spot

oil demand

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Today's main polyethylene contract L2105 of Dalian Commercial Exchange opened at 7855 yuan / ton, the highest touched 7970 yuan / ton, the lowest test was 7690 yuan / ton, and the close was 7740 yuan / ton, down 75 yuan / ton, down 0.
96%.

Total lots 447782 lots, 268814 positions
.

polyethylene

Spot market: Today's domestic PE market fluctuated in a narrow range, and some prices were slightly
higher.
In terms of petrochemicals, petrochemical high-pressure coating materials in East China rose by 100-200 yuan / ton, medium oil low-pressure injection molding increased by 50 yuan / ton, and linear individual rose by 50 yuan / ton; The petrochemical high-pressure part of North China rose by 100-400 yuan / ton, and some products of CNPC were sold at a markup; The linear part of China oil in the northeast region rose by 50 yuan / ton; The high-pressure part of medium oil in Northwest China rose by 150 yuan / ton, the low pressure part rose by 100 yuan / ton, and the linear part rose by 100 yuan / ton; The rest are stable
for the time being.

Petrochemical factory part increased, but futures high opening high and high fall dragged down the spot trading atmosphere, end-user inquiry enthusiasm turned weak, merchants shipment resistance is greater, considering that some downstream early holiday, and the Spring Festival stocking is nearing the end, on the other hand, market supply pressure is large, from the supply and demand fundamentals, short-term domestic PE upward drive is limited
.
Up to now, the quotation of LLDPE in North China is 7800-8250 yuan / ton, the quotation of LLDPE in East China is 7730-8100 yuan / ton, and the quotation of LLDPE in South China is 7900-8050 yuan / ton
.

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