Brief introduction to the one week market of the h

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A brief description of the one week market of China Plastics spot LLDPE (10..19)

the price of China Plastics City showed a steady rise this week, with a good market atmosphere and acceptable trading volume, but the China Plastics price index fell slightly. As of Friday, China's plastic price index was 1255.43 points, down 1.92 points from the same period last week; The China Plastics spot index fell slightly this week, reaching 1230.28 points on Friday, down 0.26 points from the same period last week

I. upstream information review:

the international futures price showed a volatile rise this week. As of the close of this Friday, the WTI quotation closed at $89.47/barrel, up $6.39/barrel compared with the same period last week; Brent's quotation closed at $84.60/barrel, up $4.45/barrel compared with the same period last week. Monomer: the quotation of Asian ethylene monomer CFR Northeast Asia is in US dollars/ton, and CFR Southeast Asia is in US dollars/ton, with a moderate decrease of US $22.5/ton. The quotation of Far East ethylene showed a downward trend this week, with FOB South Korea at $1205/ton and FOB Japan at $1200/ton, both of which fell by $5/ton

II. Market Review:

this week, the linear supply of goods in North China market is tight, and some manufacturers intend to increase the price of linear blonde technology to provide three types of spray free materials: ① the price of metallic paint effect continues to rise in the early stage of this week, and the later stage is dominated by horizontal consolidation. The domestic linear quotation is 12200-12300 yuan/ton, with a rise range of 150-200 yuan/ton. TIANLIAN granulation device is faulty, and the 9020 market is overloaded and overloaded, The price is 12400 yuan/ton. The hype atmosphere of LLDPE linearity in East China market is high. Although domestic linearity has few sources of goods, the transaction is not enthusiastic. The price has risen steadily by 100 yuan/ton, and the mainstream price is 12400 yuan/ton. Affected by the high price at the beginning of the week, the goods in the South China market were soft. On Wednesday, the market price fell by yuan/ton, and the shipment was good. As of the weekend, there was not much supply in the market of 7042, and the price had an upward trend. Some trade held goods and waited

as big as the aircraft carrier, we all have a big steady and small movement in the LLDPE market of China plastic city this week, mainly rising, and the transaction situation is acceptable. It is reported that domestic petrochemicals have the intention to transfer the factory price, and the market speculation atmosphere is heating up. Some dealers consider that there is not much inventory and start limited shipments. However, the real trading volume is still small, so the promotion of price is limited. The most direct driving force for the rise of the market in this period came from the rise of petrochemical enterprises, and some manufacturers increased by a large margin. Secondly, the available resources in the market have always been tight, while the stock of traders before the holiday is generally small. Therefore, once the transactions in the circulation field are active, the contradiction of tight supply is particularly prominent, which will boost the market price. However, as the terminal demand is still weak on the whole, there will not be much room for the future market to rise. It is expected that the PE market will remain stable, medium and small in the near future

III. trend forecast for next week:

from a comprehensive point of view, the domestic LLDPE market this week will be dominated by continuous consolidation, with fair trading volume and good market inquiry atmosphere. In the future, affected by the high crude oil level and low imports, the linear market is expected to have a small upward space in the consolidation

note: this reprint indicates the source of the current market situation of China's paper industry. The reprint is for the purpose of transmitting more information, and does not mean to agree with its views or confirm the authenticity of its content

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