Brief introduction to the spot HDPE market of Chin

2022-08-21
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On August 7, the China Plastics price index fell 7.10 points to 1313.69 points, and the China Plastics spot index fell 6.05 points to 1337.05 points

I. upstream dynamics:

WTI crude oil on the New York Mercantile Exchange fell 0.59 to 118.58 US dollars/barrel today, and Brent crude oil fell 0.70 US dollars/barrel to 117 US dollars/barrel

II. Manufacturer dynamics:

Shanghai Petrochemical high voltage 1Pe plant produces N150. At present, the company's cooperation projects with Jilin province include: 1 There is one investment enterprise in Jilin Province. The second line produces dj200a, 2PE device produces q281, and low-voltage device produces ygh041

Daqing Petrochemical's low-voltage line a was shut down due to failure, with line B producing 5000S and line C producing 5300b. The linear device produces 8042kj, the new high pressure production is 2426h, and the old high pressure production is 18G. It is said that the high and low voltage devices will be overhauled for half a month from August 18

PE production trends of Maoming Petrochemical: 1 × high pressure start-up; Making full use of fluorite resources and production advantages in our province, we can produce 2426k at high pressure; Qin Tefu pointed out that the full density production is 7042; High density production tr144. Maoming Petrochemical has a high PE inventory

Yangzi Petrochemical HDPE unit produces 5000S in line a, 5301b in line B, 4902t in line C, and 1802 in LLDPE unit

III. local market conditions:

the PE market in China plastic city continues to fall, which is a decline without saying the end. Because the situation of sufficient supply and weak demand has not changed at all, market participants have shown a helpless mentality. At present, the mainstream price in the market: LDPE: yuan/ton, LLDPE: yuan/ton, HDPE: wire drawing material: yuan/ton, plastic injection material: yuan/ton, film material: yuan/ton, hollow material: yuan/ton

the PE market quotation of Qilu Chemical City was slightly chaotic. Sinopec Beijing issued the settlement price, which fell by a large margin. The confidence of contract users was restored and they were willing to pay more for shipment. However, Beijing continued to implement the listing price, and middlemen believed that it was more likely to continue to decline slightly. The quotation of various varieties in the morning was basically maintained at the settlement price, and the market inquiry was good

after Sinopec Beijing issued the flop price, traders took a wait-and-see attitude, with few quotations, few quotations for imported brands, and domestic linear prices continued to decline. 9020 did not include tax at 11900 yuan/ton, including tax at 12700 yuan/ton, 9085 included tax at 12600 yuan/ton, 5502 at 12800 yuan/ton, 0220kj at 12800 yuan/ton, and 1001kw included tax at 13750 yuan/ton

the PE market demand in Nanjing is still very light. The quotation of LLDPE is 13000 yuan/ton, the drawing price is 13900 yuan/ton, the hollow price is 13000 yuan/ton, and the injection molding is mainly flat out. Even though the price is quite reasonable, there is still no demand

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