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    Home > Chemicals Industry > New Chemical Materials > The price of continuous plastic futures continued to fluctuate at a high level

    The price of continuous plastic futures continued to fluctuate at a high level

    • Last Update: 2022-12-21
    • Source: Internet
    • Author: User
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    On Thursday, Liansu L2105 contract reduced its position, and the futures price tested lower and higher, closing at 8975 on the day, +65 yuan from the previous trading day; The trading volume was 490980 lots, the position volume was reported 255219 lots, -11093, and the basis was -25 yuan
    .

    Continuous plastic

    News: 1.
    The PE inventory of domestic polyethylene enterprises (oil + coal) fell slightly this week, down 0.
    70%
    week-on-week.
    In terms of varieties, LDPE inventory decreased by 1.
    16% from last week; HDPE inventory rose 5.
    54% from last week; LLDPE inventories were down 7.
    9%
    from last week.
    Among them, the total PE inventory of two barrels of oil fell by 1.
    39% week-on-week, and the PE shipments of coal enterprises increased by 1.
    73%
    week-on-week.
    2.
    Longzhong Information reported on March 11: Shenhua Coal Chemical Industry Shenhua Baotou Line Intraday Bidding Volume was 2152 tons, the previous day's bidding volume was 2136 tons, the intraday trading volume was 1350 tons, and the previous day's trading volume was 206 tons
    .
    Shenhua low-pressure intraday bidding volume is 200 tons, the previous day's bidding volume is 300 tons, the intraday trading volume is 200 tons, and the previous day's trading volume is 300 tons
    .

    Market quotation: North China Daqing Petrochemical 7042 mainstream price is 8950 yuan / ton, -100 yuan
    .

    Warehouse receipt inventory: 1652 warehouse receipts, +57 receipts
    .
    Main positions: Top 20 long positions 155351, -3115; short positions reported 191026, -9031
    .
    Reduced
    headroom.

    Summary: In March, there were installations in Asia for shutdown and maintenance, and the supply in overseas markets remained tight
    .
    The spot price of LDPE, Europe's main indicator, climbed to an all-time high of 1,800 euros/mt ($2,139) FD NWE on March 9
    .
    Dow Chemical said March 9 that the price of all polyethylene resin it sells in the United States will increase by 9 cents/pound ($200/ton)
    starting in April.
    Domestically, the operating rate of domestic polyethylene manufacturers is still at a high level, and the market supply is sufficient
    .
    Some downstream enterprises have resumed work, but the operating rate is still not as good as the same period of previous years, and the inventory of major domestic ports has rebounded and is higher than the same period last year
    .
    At present, Liansu continues to be in a high-level shock pattern
    .

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