 Home > Chemicals Industry > New Chemical Materials > The rebound of continuous plastic is weak and the short-term recovery space is limited

The rebound of continuous plastic is weak and the short-term recovery space is limited

 Last Update: 2022-12-09
 Source: Internet
 Author: User

Tags

promar 400 flat

ferritin level range

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

Liansu 1805 contract opened at 9350 yuan / ton, the highest to 9365 yuan / ton, the lowest to 9240 yuan / ton, closed at 9275 yuan / ton, up 15, or 0.
16% on a daily basis, the trading volume decreased to 243,000 lots, and the position decreased by 23,842 lots to 391,000 lots
.

Continuous plastic

News side: CNPC East China LLDPE price report: Jilin / Daqing / Dushanzi / Sichuan 7042 fixed 9400 yuan / ton, 7042N fixed 9400 yuan / ton, Lanhua 7042H fixed 9450 yuan / ton, 7042N fixed 9400 yuan / ton, Fushun 7042 fixed 9400 yuan / ton, Daqing DNDA8320 fixed 9500 yuan / ton
.
(:RMB/ton)

Raw material prices: Japan naphtha CF Japan was at $577 / ton, up $4.
5; naphtha FOB Singapore was at $62.
96 / barrel, up $
0.
51.
ethylene CFR Northeast Asia 1380 US dollars / ton, flat; CFR Southeast Asia was flat at $1280/mt
.

Spot price: The foreign spot market price fell, the Far East reported 1200 yuan / ton, down 5, the Middle East reported 1174 yuan / ton, down 5
.
Market prices fell slightly, with North China Daqing reporting 9300 yuan / ton, flat; East China Yuyao reported 9,400 tons, flat; South China Guangzhou reported 9500 yuan / ton, flat; Northwest Dushanzi reported 9500 yuan / ton, unchanged
.

Due to geopolitical tensions in the Middle East, a strong rebound in crude oil prices drove LLDPE futures up
.
However, domestic inventories are still at a high level, terminal demand is weak, market transactions are average, and the short-term rebound is limited
.

On the technical side, LLDPE below the 9220 short-term support, above the 20-day moving average systematic suppression, short-term recovery space is limited
.
Operationally, it is at high altitude
in the 9220-9420 range.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

9,10-Diphenylanthrac

CAS No.: 1499-10-1

$1-1.2/MT FOB

High Quality Polar Solvent 99.99% Ethylene carbonate/Ethylencarbonat/ EC CAS 96-49-1

CAS No.: 96-49-1

Pharmacy Grade

$1-1.2/MT FOB

High quality Fluorescent Brightener CBS-X 98% TOP1 supplier in China

CAS No.: 27344-41-8

Industrial Grade

$3/KG EXW

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.