The hottest LLDPE continued to be weak, and the ma

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[LLDPE] continued weakness, market stability and small movements

I. brief introduction of the market

although the international oil price soared, due to the sluggish demand and some petrochemical regions continue to reduce the ex factory price, the market atmosphere was poor, the quotation fell and sorted out, the downstream purchase intention was not high, continued to wait and see, and the actual transaction was limited. Mainstream price: LDPE: yuan/ton, which mainly refers to the supply of meters and other general instruments. LLDPE: yuan/ton

II. Brief introduction to the upstream market

the settlement price of November light and low sulfur crude oil futures contract on the New York Mercantile Exchange (NYMEX) closed up $3.06 to $92.39 a barrel, up 3.4%. London Intercontinental Exchange (ice) November Brent flywheel energy storage, superconducting electromagnetic energy storage and super capacitor energy storage are suitable for occasions where short-term and large pulse power is required. The settlement price of crude oil futures contract closed up $2.68 to $114.50 per barrel, up 2.2%

on October 9, Asian ethylene closed steady, CFR Northeast Asia USD/ton, CFR Southeast Asia USD/ton

III. local market conditions

the market quotation of turbocharger and characteristic materials is lower, and the merchants are mainly active in shipping, and the downstream is mainly based on the market

Wuhan market fell by RMB/ton. Maoming 7042, taking solid-liquid phase transformation as an example, underreported 10850 yuan/ton, PetroChina 7042 10850 yuan/ton, PetroChina 7050 10850 yuan/ton, and Lanhua 7042h 10850 yuan/ton

the Nanjing market fell slightly, and the transaction was weak. Zhenhai 7042 reported 10800 yuan/ton, Yangzi 7042 reported 10900 yuan/ton

part of the quotation in Hangzhou market fell, the downstream demand was low, and the transaction was general. The delivery price of Zhenhai 7042 is yuan/ton, and that of Jihua 7042 is 10800 yuan/ton

IV. the latest quotation

1. Petrochemical quotation

Guangzhou Petrochemical LLDPE pricing is stable: membrane material 7042 is quoted at 10750 yuan/ton, and membrane material 2001 is quoted at 10900 yuan/ton

Tianjin United linear device now produces 9020. Tianjin United LLDPE pricing is stable: 9020 reports 10900 yuan/ton, 9028 reports 10800 yuan/ton, 9085 reports 10900 yuan/ton, 1820 reports 10900 yuan/ton, 1875 reports 10900 yuan/ton, 9086 reports 10800 yuan/ton, 9004 reports 10800 yuan/ton, 6010 reports 10900 yuan/ton, 9030 reports 10900 yuan/ton, 2650 reports 11050 yuan/ton

Zhongyuan Petrochemical LLDPE pricing is stable: 9050k is reported at 10850 yuan/ton, 908 is reported at 10850 yuan/ton, and 7050 is reported at 10850 yuan/ton

2. Mall quotation

as of 15:00, the quotation of some brands of China Plastics spot LLDPE fell by yuan/ton. Among them, 218w/sabic Saudi Arabia lowest reported 11300 yuan/ton, dfda-7042/Zhenhai Refining and chemical lowest reported 10800 yuan/ton (down 50), dnda-8320/Zhenhai Refining and chemical lowest reported 11400 yuan/ton (down 150)

v. aftermarket forecast

although the inventory of downstream manufacturers and traders was not large before the festival, the wait-and-see atmosphere in the market was aggravated by the weakness of international crude oil and linear futures markets in New York and the decline in petrochemical prices, while the replenishment behavior of downstream companies also slowed down. At present, downstream manufacturers are more cautious, and the wait-and-see atmosphere on the floor is not reduced. It is expected that the offer of various varieties in the market will continue to be stable

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