The hottest price line of plastic raw material HDP

2022-08-17
  • Detail

On June 3, 2016, the price analysis of plastic raw material HDPE

I. the global output of the bank has exceeded 1.5 million tons. Brief description of the situation

pe market is stable and small, and some are slightly higher. At the beginning of the month, some petrochemical enterprises rose, which formed a certain cost support for the market. Merchants had little pressure on shipping, so they mainly shipped with them and waited on the market; Some businesses tentatively reported a slight increase and observed the downstream response. The actual demand of downstream manufacturers has not significantly improved, mainly on-demand procurement, and the market trading atmosphere is relatively light

II. Brief introduction to the upstream market

oil prices rose on Thursday. The settlement price of Brent crude oil futures on the European ICE Futures Exchange rose 32 cents, or 0.6%, to $50.04 a barrel. The settlement price of U.S. crude oil futures for July delivery on the New York Mercantile Exchange rose 16 cents, or 0.3%, to $49.17 a barrel

on Thursday (June 2), the market price of ethylene in Asia fell partially, and the price of CFR Northeast Asia fell by $10 to close at 1069 5 dollars/ton; CFR Southeast Asia prices remained stable at 1064 5 dollars/ton

III. local market prices

market quotations have stabilized. The demand continues to be flat, and the firm offer is a single deal

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the PE trading atmosphere in Lanzhou market is general. At the beginning of the month, there is little pressure on merchants to ship. In addition, the price rise of some petrochemical materials supports the firm offer of the cargo holders

PE prices in Shantou market were adjusted in a narrow range. Some petrochemical prices rose, but the willingness of trade to catch up was not high. Near the weekend, although the futures performance was ok, there was little news of transactions

the PE price in Xi'an market is mainly stable, and the market trading is cautious based on the above research. The price of petrochemicals was stable and small, and the futures rose slightly after opening low, and merchants stabilized the price and actively shipped. The terminal inquiry is general, and the transaction is negotiated

IV. in terms of the latest quotation

1. The quotation of PetroChina

the pricing of HDPE in South China of PetroChina increased, 8008 (Dushanzi Petrochemical) was reported as 9050 yuan/ton, 7260 (Fushun Petrochemical) increased by 50 yuan to 8650 yuan/ton, and 6097 (Daqing Petrochemical) increased by 200 yuan to 9200 yuan/ton

the pricing of HDPE in PetroChina East China rose, with 6095 (Dushanzi Petrochemical) rising 100 yuan to 8900 yuan/ton, 6097 (Daqing Petrochemical) to 9100 yuan/ton, and 2911 (Fushun Petrochemical) to 9000 yuan/ton

the listing price of HDPE in North China of CNPC increased, 6095 (Dushanzi Petrochemical) increased by 100 yuan to 8900 yuan/ton, 2911 (Fushun Petrochemical) to 9000 yuan/ton, and 5000S (Daqing Petrochemical) to 9600 yuan/ton

2. Mall quotation

as of 15:00, the quotation of some brands of HDPE in the spot of Sinochem was mixed, with a range of yuan/ton, of which bl3/Iran Petrochemical was the lowest at 9500 yuan/ton (up 300), dmda-8008/Baofeng energy was the lowest at 8600 yuan/ton (down 50), ex5/Iran Petrochemical was the lowest at 9100 yuan/ton (up 100), t5070/Huajin Chemical was the lowest at 9900 yuan/ton (up 200)

v. future forecast

at the beginning of the month, supported by higher Petrochemical Prices and few overall resources, the market mentality is OK. Although traders are not very confident in the future, they are generally not willing to ship at a low price. However, at present, Jinan Shijin is a well-known brand in the country. Now Jinan Shijin has launched an activity tour with preferential delivery through wechat consulting. The factory's purchase into the market is still not active, and the dull trading atmosphere has suppressed the market. It is expected that shock consolidation is the basic trend in the near future

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