Analysis of LLDPE price of plastic raw materials o

On March 7, the price of plastic raw materials LLDPE market analysis

I. market overview

market prices continue to rise. Linear futures fell after opening higher, but most petrochemicals continued to transfer out factory prices, the market was supported, and merchants continued to follow the rise in shipments. In the downstream, rigid demand procurement is mainly used, and replenishment is more cautious

II. Brief introduction to the upstream market

on Friday, U.S. crude oil futures rose for the third consecutive week. Light and low sulfur crude oil futures for April delivery on the New York Mercantile Exchange closed up $1.35, or 1.35%, to $35.92 per barrel. Brent crude oil futures on the London Intercontinental Exchange (ice) rose $1.65, or 4.5%, to $38.72 per barrel requiring the design of a new fixture

on Friday (March 4), the market price of ethylene in Asia rose, and the price of CFR Northeast Asia rose by 85 US dollars to 1099 5 dollars/ton; CFR Southeast Asia prices rose $75 to close at 1089 5 dollars/ton

III. local market prices

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

the PE market price in Shenyang rose partially. Linear futures opened high, fluctuated downward, the market trading atmosphere was general, and traders sold goods at a small margin. The follow-up of terminal demand is slow, and the firm offer transaction focuses on negotiation

PE prices in Chengdu market continued to rise. Linear futures opened high in the morning, fluctuated downward, and the market atmosphere was general. However, the mentality of merchants was general, and they shipped according to the market. The downstream factories follow up slowly, and the firm offer transaction focuses on negotiation

the PE offer in Linyi market continues to rise, but the rapid decline in the futures intraday has suppressed the mentality of merchants. At present, the offer is sorted out, but the mainstream trading atmosphere is general, and the transaction remains negotiated

IV. in terms of the latest quotation, the listing price of PetroChina Southwest LLDPE increased. 7042 (Dushanzi Petrochemical) increased by 100 yuan to 9100 yuan/ton, 7042 (Sichuan Petrochemical) increased by 100 yuan to 9100 yuan/ton, and 7042n (Lanzhou Petrochemical) increased by 100 yuan to 9100 yuan, which achieved a certain positive effect/ton

PetroChina East China LLDPE pricing increased, 8320 (Daqing Petrochemical) rose 150 yuan to 9350 yuan/ton, 7042 (Jilin Petrochemical) rose 50 yuan to 9100 yuan/ton, and 7042 (Fushun) rose 50 yuan to 9050 yuan/ton

the pricing of PetroChina North China LLDPE is stable, with 7042 (Daqing) reporting 9100 yuan/ton, 7042n (Lanzhou Petrochemical) reporting 9100 yuan/ton, and 0209aa (Dushanzi Petrochemical) reporting 9100 yuan/ton

v. future forecast

stone in order to inspect its organization and test its thickness, and its thickness can be used for 20000 km 4-lane highway. The factory price has been continuously increased, which supports the market in terms of cost, and the mentality of traders is acceptable. However, in the face of the rapidly rising market, downstream factories generally cover positions, focusing on rigid demand, and their intention to follow the market is weakened. Under the supply and demand game, it is expected that the PE market will be dominated by shock consolidation in the near future