-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
The price trend of the polyethylene market this week is dominated by volatility and the center of gravity continues to rise
.
In crude oil, Brent crude oil futures for October ended down $1.
06, or 2.
01%, at $51.
66 a barrel
.
WTI crude oil futures for October delivery closed up $0.
44, or 0.
93 percent, at $47.
87 a barrel on Friday, but fell 1.
6 percent
for the week.
Brent crude for October delivery closed up $0.
37, or 0.
71 percent, at $52.
41 a barrel
.
In terms of the spot market, the ex-factory price of domestic petrochemical manufacturers was partially raised this week, mainly in the LLDPE and LDPE markets, but the increase was not large, about 50-150 yuan / ton; HDPE maintained a slight decline
.
Petrochemical plant runs were around 95% this week
.
A key factor in the petrochemical plant's ex-factory price hike is the futures market that has been following the trend
In summary, on the supply side, petrochemical manufacturers will maintain a high operating rate in the near future, which to a certain extent alleviates the shortage of
inventory in the previous market.
On the demand side, the gradual start of downstream shed film has driven procurement demand, but factors such as strict environmental inspection, the National Games and the BRICS Conference have caused the procurement demand in some regions to shrink.
Therefore, it is expected that the polyethylene market quotation will maintain a volatile pattern
.
