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    Home > Chemicals Industry > New Chemical Materials > The price of continuous plastic period fluctuates in a narrow range, which is still in the historical low area

    The price of continuous plastic period fluctuates in a narrow range, which is still in the historical low area

    • Last Update: 2022-12-21
    • Source: Internet
    • Author: User
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    On Thursday, Liansu L2109 contract increased its position, and the futures price fluctuated in a narrow range, closing at 8165 on the day, -5 yuan from the previous trading day; The volume was 396494 lots, the position was reported 342805 lots, +3320, and the basis was 85 yuan
    .

    Continuous plastic

    News: 1.
    Longzhong Information reported on April 29: Shenhua coal chemical industry Shenhua Baotou linear bidding volume was 600 tons, the previous day's bidding volume was 800 tons, the intraday trading volume was 110 tons, and the previous day's trading volume was 100 tons
    .
    Xinjiang high-pressure intraday bidding volume was 150 tons, the previous day's bidding volume was 150 tons, the intraday trading volume was 5 tons, and the previous day's trading volume was 0 tons
    .
    2.
    As of the week of April 28, the PE inventory of domestic polyethylene enterprises (oil + coal) decreased by 13.
    46%
    week-on-week.
    In terms of varieties, LDPE inventory decreased by 7.
    49% from last week; HDPE inventory decreased by 14.
    41% from last week; LLDPE inventories are down 16.
    45%
    from last week.
    Among them, the PE inventory of two barrels of oil decreased by 17.
    11%
    week-on-week.
    Sinopec's PE inventory decreased by 26.
    20% week-on-week; CNPC PE inventories fell by 13.
    40%.

    The PE inventory of coal-based enterprises decreased by 3.
    99%
    week-on-week.

    Market quotation: North China Daqing Petrochemical 7042 mainstream price is 8250 yuan / ton, +20 yuan
    .

    Warehouse receipt inventory: 3336 warehouse receipts, +0 receipts
    .
    Main positions: the top 20 long positions 208031, +6421, short positions reported 239662, +6915
    .
    Increased
    headroom.

    Summary: Last week, the average operating rate of domestic polyethylene enterprises continued to fall slightly, domestic production decreased, and domestic market supply decreased
    accordingly.
    Domestic PE social inventories fell slightly last week and are still in the historically low area, showing that there is little pressure on the supply side
    .
    At present, two sets of domestic plants (Haiguolong Oil and Lianyungang Petrochemical) are being tested, and it is expected that products will be put on the market in late April or May, when the supply may increase
    .
    The operating rate of various industries downstream of PE continued to decline slightly, the demand for agricultural film gradually ended, and the weakening of linear downstream demand is expected to suppress
    the price of linearity.

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