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On Friday, the domestic polyethylene spot market prices rose and fell, most of the linear prices rose, petrochemical factory prices were partially reduced, futures high volatility late to rise, merchant offer prices slightly pushed, downstream factories to high price resistance, just need to purchase
.
Futures fluctuated higher overnight, and the domestic polyethylene spot market is expected to rise in a narrow range, and the mainstream trading price of the LLDPE market is about
8750-9200 yuan / ton.
International crude oil: There are still countries that have strengthened lockdown control measures due to the Omicron variant, the seventh round of negotiations on the Iranian nuclear issue ended and released a positive signal, bearish expectations have strengthened, and international oil prices have fallen
.
NYMEX crude oil futures 01 contract 70.
86 fell $1.
52/barrel or 2.
10%; The ICE oil futures 02 contract fell $1.
50/b or 2.
00%.
China's INE crude oil futures main contract 2202 rose 6.
9 to 470.
4 yuan / barrel, and fell 9.
9 to 460.
5 yuan / barrel
in overnight trading.
Installation: Sinopec Phase 2 HDPE of 300,000 tons/year will be shut down on November 10 and is scheduled to start up on January 1, 2022; Luqing Petrochemical's 350,000 tons/year HDPE unit stopped on November 16, and the driving time is uncertain; Shanghai Petrochemical's 250,000-ton/year full-density unit stopped on November 21 and is scheduled to start up on December 21; Sinochem Quanzhou's 400,000 tons/year HDPE stopped on December 2 and is scheduled to start on January 20, 2022; Yanshan Petrochemical's 60,000 tons/year old LDPE1 line stopped on December 16, and the driving time is uncertain
.
On Friday, the three major varieties of polyethylene spot market were stable and upward, and the rise in plastic futures brought a certain boost to the spot market, and the petrochemical factory quotation part rose slightly, the East China market rose by 50 yuan / ton, and the North China market rose by 100 yuan / ton
.
The terminal maintains on-demand pick-up, and merchants actively ship goods
.
Prices are expected to strengthen
in the near term.
