Brief introduction of HDPE market of China Plastic

2022-08-14
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On August 10, China Plastics information HDPE market brief introduction

I. market brief introduction:

pe market quotation rebounded after falling. The rise of crude oil in the morning led to the high opening of futures, and trading confidence was boosted. The supply of goods in the market is general, and merchants around the country are cautious in raising prices. The high-pressure and linear quotations are significantly higher, and the low-pressure increase is narrowed

as of 10 a.m. today, China's plastic price index rose 7.13 points to 1036.85 points. The China Plastics spot index closed at 1234.45 points, down from the previous trading day, mainly applicable to 0.79 points for rubber, plastic plates, pipes and profiled materials

II. Upstream express:

in after hours trading on Tuesday, the price of crude oil futures on the New York Mercantile Exchange (NYMEX) rebounded after the settlement price fell, supported by the rebound in the stock market and the sharp decline in U.S. crude oil inventories last week announced by the American Petroleum Institute (API). The settlement price of September light sweet crude oil futures contract on the New York Mercantile Exchange fell $2.01 to $79.30 a barrel. Ice September Brent crude oil futures fell $1.17 to $102.57/barrel

the Asian ethylene market is closed today

III. manufacturer dynamics:

Jilin Petrochemical HDPE unit produces 9455f

Dushanzi Petrochemical's old HDP to ensure product quality, the 1-consistency e unit between batches was shut down, and the new HDPE unit produced 5502xa

Qilu Petrochemical HDPE unit produces 2480 from line a and 1158 from line B

Panjin Ethylene HDPE plant produces 5502s, and the production is normal at present

Yanshan Petrochemical HDPE unit double track production of 5000S

Yangzi Petrochemical HDPE unit produces 5000S for line a, 5505t for line B and 4903t for line C

Daqing Petrochemical HDPE unit produces 5000S in double line and stops in line C

PN produced by Zhongsha Tianjin HDPE Plant

Shanghai Petrochemical HDPE equipment has purchased mh602 in recent years

Lanzhou Petrochemical line a produces 5000S and line B produces l5202, and the unit operates normally

IV. local market conditions:

the rise of crude oil in the morning led to the high opening of futures, and trading confidence was boosted. The low-end quotation in the market has disappeared, the downstream inquiry is still not active, and the high-end quotation of merchants has strong resistance, so we need to talk more about it

hdpe quotation: 500s/Lanzhou Petrochemical lowest reported 13000 yuan/ton, 9001/Taiwan Plastic lowest reported 12000 yuan/ton, 9 for example, in the analysis and testing of materials such as spring industry, steel wire industry, rubber and plastic industry, 455f/Jilin Petrochemical lowest reported 12200 yuan/ton, 7000f/Iran Petrochemical lowest reported 11500 yuan/ton, hd5401aa/Shanghai Secco lowest reported 11850 yuan/ton

the PE market price in Hangzhou has rebounded. Although the transaction is still not obvious, the panic of yesterday is gone. The merchants' quotation tends to be rational, and the shipment intention is better at the appropriate price. The supply of goods has an obvious impact on the price of each brand

the PE quotation in Chengdu is relatively stable, the downstream inquiry atmosphere is light, and the merchants' enthusiasm for shipping is not high. At present, the downstream factories are still mainly on the sidelines, with more firm negotiations and greater transaction resistance

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