Analysis of LLDPE price of plastic raw materials o

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On March 29, the price analysis of plastic raw material LLDPE

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I. brief introduction of the market

the market price rose partially, and the individual linear prices in East and South China were slightly higher than 50 yuan/ton. Linear futures fluctuated after opening higher and weakening, but there was not much supply in part of the market, and most businesses continued to follow the high news. The intention of receiving goods at the terminal is weak, most of them are cautious and wait-and-see, and continue to purchase on demand

II. Overview of upstream market

oil prices fell slightly on Monday. U.S. WTI crude oil futures for may ended down $0.07, or 0.18%, at $39.39/barrel. Brent crude oil closed down $0.17 in May, or 0, accounting for 55% of the domestic market 42%, at $40.27/barrel

on Monday (March 28), the market price of ethylene in Asia was stable, and the price of CFR Northeast Asia remained stable to close at 1204 5 dollars/ton; CFR Southeast Asia prices remained stable at 1159 5 dollars/ton. Give the machine the greatest protection

third, the market quotation of various places

market quotation sorting. The demand continues to be flat, and the firm offer is a single deal

PE finishing in Chongqing market. Linear futures opened higher and fluctuated weaker, the market trading atmosphere was general, and traders followed the market. The follow-up of terminal demand is weak, mainly through negotiation

PE prices in Dongguan market fluctuated in a narrow range, with some slightly higher. The high opening volatility of linear futures decreased by 3.74% year-on-year; The net profit attributable to the shareholders of the listed company was 458million yuan, the mentality of the merchants was general, and they offered according to the market. Some goods were short and the price was slightly higher. The downstream demand is flat, and the firm offer is negotiated

PE prices in Zhengzhou market were sideways adjusted. The intraday decline of linear futures affects the mentality of merchants, and traders offer with them. The downstream demand was not followed up enough, and the deal was negotiated

IV. in terms of the latest quotation, the listing price of PetroChina North China LLDPE is stable, with 7042 (Daqing) at 9500 yuan/ton, 7042n (Lanzhou Petrochemical) at 9500 yuan/ton, and 0209aa (Dushanzi Petrochemical) at 9400 yuan/ton

the pricing of PetroChina South China LLDPE is stable, with 7042n (Lanzhou Petrochemical) at 9650 yuan/ton, 7042 (Fushun Petrochemical) at 9650 yuan/ton, and 7042 (Sichuan Petrochemical) at 9600 yuan/ton

the pricing of PetroChina Southwest LLDPE is stable, with 7042 (Lanzhou Petrochemical) at 9400 yuan/ton, 7042 (Dushanzi Petrochemical) at 9400 yuan/ton, and 7042 (Sichuan Petrochemical) at 9400 yuan/ton

v. future forecast

high comprehensive costs and tight social resources are the strong support of the market. However, due to the weak procurement of downstream factories, it is difficult to deal in large quantities. Some traders are confused, operate cautiously, and the market wait-and-see atmosphere is strong. It is expected that the polyethylene market may maintain a high adjustment in the short term

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