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    Home > Chemicals Industry > New Chemical Materials > The price of continuous plastic period fluctuated at a high level, and the market supply was sufficient

    The price of continuous plastic period fluctuated at a high level, and the market supply was sufficient

    • Last Update: 2022-12-21
    • Source: Internet
    • Author: User
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    On Tuesday, Liansu L2105 contract contracted and increased positions, and the futures price fluctuated at a high level, closing at 8980 on the day, -75 yuan from the previous trading day; The volume was 559281 lots, the position was reported 269021 lots, +2346, and the basis was 120 yuan
    .

    Continuous plastic

    News: From mid-to-late March to early April, there are still many PE devices in China with maintenance plans
    .
    Yanshan Petrochemical's 380,000-ton high-pressure and 180,000-tonne-ton low-pressure plants are scheduled to be overhauled from March 31, 2021 to May 14, 2021, over a period of 45 days
    .
    Maoming Petrochemical No.
    1 high-pressure was originally planned to be overhauled for 63 days from March 15 to June 17, and the 350,000-ton low-pressure unit was overhauled for 39 days from March 24 to May 2, but the specific is subject to the actual shutdown time of the enterprise
    .
    Zhenhai Refining and Petrochemical has a full-density production capacity of 450,000 tons/year, and it is planned to stop for maintenance
    from April 6 to 20.
    2.
    Longzhong Information reported on March 16: Shenhua coal chemical industry Shenhua Baotou linear bidding volume was 1930 tons, the previous day's bidding volume was 1980 tons, the intraday trading volume was 1560 tons, and the previous day's trading volume was 1700 tons
    .
    Shenhua low-pressure intraday bidding volume was 231.
    2 tons, the previous day's auction volume was 292 tons, the intraday trading volume was 200 tons, and the previous day's trading volume was 292 tons
    .

    Market quotation: North China Daqing Petrochemical 7042 mainstream price is 9100 yuan / ton, +0 yuan
    .

    Warehouse receipt inventory: 1592 warehouse receipts, +0 sheets
    .
    Main positions: the top 20 long positions 164571, +4146; short positions at 203580, +1256
    .
    Reduced
    headroom.

    Summary: In March, there were installations in Asia for shutdown and maintenance, and the supply in overseas markets remained tight
    .
    Dow Chemical said the price of all polyethylene resin it sells in the U.
    S.
    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
    .
    Downstream enterprises have basically resumed work, and the operating rate of film enterprises, pipe enterprises and hollow enterprises has rebounded
    .
    PE social inventories are at the lowest level in previous years, but the inventories of major domestic ports have rebounded and are higher than the same period last year
    .
    At present, Liansu continues to be in a high-level shock pattern
    .

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