The hottest LLDPE cost drives LLDPE stronger in sh

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[LLDPE] cost drives LLDPE to vibrate and strengthen

I. brief description of the market

although the international crude oil has exceeded $90/barrel, there is no substantive breakthrough in downstream demand, which has little impact on the market. In addition, near the weekend, demand is becoming increasingly light. Without the stimulation of other positive factors, the market sales pressure will not decrease. Mainstream price: LDPE: yuan/ton, LLDPE: yuan/ton

II. Brief introduction to the upstream market

oil prices on the New York Mercantile Exchange (NYMEX) rose for the seventh consecutive trading day on Thursday to an eight week high, as tensions in the Middle East intensified concerns about possible supply disruptions, and strong corporate performance boosted investors' optimism U.S. September crude oil futures rose $2.79 to settle at $92.66 a barrel; The settlement price of Brent crude oil futures in September jumped $2.64 to $107.80 a barrel

welcome to you sincerely on Thursday (July 19). Asian ethylene closed down, with CFR Northeast Asia falling $11/ton; CFR Southeast Asia USD/ton, down 9.5 USD/ton

III. local market prices

LLDPE market quotation rose slightly today. Merchants ship goods according to the market, the transaction atmosphere is general, and the downstream demand has not improved

the PE market in Shanghai rose slightly linearly, but the downstream demand was sluggish. Near the weekend, the inquiry was general and the trading was light. Lanhua/Daqing 2426h reported 10400 yuan/ton, Daqing 2426k reported 10350 yuan/ton, Daqing 5000S reported 11500 yuan/ton, Lanhua 5000S reported 11450 yuan/ton, Fushun 2 to help extend the service life of equipment and make you confident in equipment operation, 911 reported 11050 yuan/ton, Daqing 5300b reported 10520 yuan/ton

the quotation of Lanzhou PE market is stable and the transaction is general. High voltage 2426h is reported at 10400 yuan/ton, 1810D is reported at 10500 yuan/ton, linear 7042 is reported at 10250 yuan/ton, 7042n is reported at 10250 yuan/ton, low voltage 5000S is reported at 10500 yuan/ton, 8008 is reported at 10500 yuan/ton, 60550 is reported at 10800 yuan/ton

please pay attention to safety if you don't turn off the power (select the observation window)

the offer in Xiamen market fluctuated slightly, Fulian 7042 rose slightly by 50 yuan/ton, other linearity was relatively stable, there was less oil and low-voltage spot in the maintenance of low-voltage devices, and some injection molding sources needed to be delivered next week. The quotation rose slightly by 5. Stereotyped phase change materials have made a lot of use in building materials, 0 yuan/ton, wiredrawing fell by about 50 yuan/ton, and the overall atmosphere was flat. Fulian 7042 is quoted at 10150 yuan/ton, 7050 at 10350 yuan/ton, 218nf at 10100 yuan/ton, and Guangzhou Petrochemical 7042 at 10200 yuan/ton

IV. the latest quotation

1 Petrochemicals quotation

the price of PetroChina North China LLDPE is stable: 7042 (Daqing) at 10400 yuan/ton, 7042 (Jihua) at 10400 yuan/ton, 7042 (Dushanzi/Lanhua) at 10400 yuan/ton, 7042n (Lanhua) at 10400 yuan/ton, 7047 (Daqing) at 10400 yuan/ton, 0209aa (Dushanzi) at 10400 yuan/ton

the pricing of PetroChina South China LLDPE is stable: 7042 (Jihua) is reported at 10250 yuan/ton, 7042 (Lanhua) is reported at 10250 yuan/ton, and 7042 (Dushanzi) is reported at 10250 yuan/ton

the price of CNPC northeast LLDPE is stable: 7047 (Daqing) are reported at 10200 yuan/ton, 7042 (Daqing/Jihua) are reported at 10300 yuan/ton, and 7042 powder are reported at 10200 yuan/ton

2. The quotation of the mall

as of 15:00, the individual brands of China Plastics' spot LLDPE rose by 100 yuan/ton, and the lowest price of/Brazil was 10100 yuan/ton

v. aftermarket forecast

PetroChina and Sinopec control the release of goods; At the same time, July may usher in the stock rebound caused by the peak season of film demand, and there is a certain repair demand in the short term. However, at present, the downstream demand continues to be sluggish, the inquiry enthusiasm is insufficient, the merchants have great shipping resistance, and the firm offer transactions are rare. It is expected that the polyethylene market will remain stable in the near future

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