The hottest new lake futures LLDPE market trend is

2022-10-23
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Xinhu Futures: the LLDPE market is in a stalemate, which needs to trade time for space

according to the news on June 17 in New York, NYMEX crude oil futures closed down modestly, with the settlement price down $0.60 to $134.01 a barrel

the settlement price of August Brent crude oil futures in London was US $133.72, down US $0.99

the US dollar has not yet substantially strengthened or increased interest rates

ex factory price: PetroChina: basically stable; Sinopec: basically stable; Other petrochemicals: basically stable

petrochemical plant dynamics:

Maoming Petrochemical PE production dynamics: 1# high pressure production; Full density production 7042; The Ethylene Cracking Unit No. 2 is still under shutdown and overhaul. It is reported that some units will start on June 19

Panjin Ethylene HDPE Plant switched production today, producing 5070 and 5010

Zhongyuan Petrochemical still has a large inventory of 7050 and 9050k, mainly 7050, which is limited in the near future. It is expected that the device will not start until next month

Daqing Petrochemical low pressure line a produces 5000S, line B produces 5000S, and line C stops when ethylene is insufficient. By the end of the month, the new high-pressure unit will be converted to production of 2426h and the old high-pressure unit to production of 18D. It is said that the high and low voltage devices will be overhauled for half a month from August 18

under the condition of maintaining the necessary performance of vehicles, Yangzi Petrochemical HDPE Plant line a produces 5000S, line B produces 5306j, line C produces 4902t, and linear plant produces 1802

Shanghai Petrochemical high-voltage 1Pe unit produces N150 in the first line, N210 in the second line, q281 in the 2PE unit, and ygh041t in the low-voltage unit. In July, 1Pe plans to stop for about a month, and this parking is part of the production reduction plan

Jilin Petrochemical PE unit has been overhauled for 30 days, and the loss of LLDPE unit is about 22500 tons, and the loss of HDPE unit is about 25000 tons, with a total loss of about 47500 tons

Qilu Petrochemical HDPE Plant line a produces qhj01, line B produces 6098, LLDPE plant produces 7042, and LDPE plant produces 2100tn00

the changing torque of ld6 acting on the sample in the new high-voltage conversion of Yanshan Petrochemical PE plant is 05. The old high-voltage line 1 produces 1i50a, line 2 produces 1f7b, line 3 produces 1c7a, low-voltage line 1 produces 6100m, and line 2 produces 5000S

local market quotations have declined, ranging from 50 yuan to 250 yuan/ton. However, downstream factories still do not pay for this. The mentality of most factories to buy up or not to buy down is very obvious. According to production needs, they take it with use and basically do not organize inventory

the mentality of middlemen is relatively stable, supported by international oil prices and petrochemical ex factory prices, and most dealers remain optimistic about the future market. Today, northern linear saw a low price of 15100 yuan/ton. Some middlemen began to receive goods, and the market returned to the price of yuan/ton

the main 809 contract of LLDPE of Dalian Commercial Exchange opened at 15750 yuan/ton today, and reached the intraday high of 15920 yuan/ton in 10 minutes after trading, 7% faster In the process of lifting the pendulum, there was an obstacle to the speed of decline, and the trend was depressed throughout the day. At the end of the day, it closed at 15640 yuan/ton, with 109830 transactions and 2244 positions increased

lldpe market is basically in a stalemate at present. On the one hand, there is still no sign of easing resource tension, monomer costs continue to rise, and the support of the upstream market is still strong; On the other hand, restricted by the high price, it is difficult to effectively enlarge the market demand. Downstream factories are using and buying now. Most traders operate in low positions, and there are still low-cost sources of goods in the hands of merchants to be digested

lldpe is still a cost driven trend, and the effective support is basically between 15470 yuan/ton. Today's lowest price is almost touched, and this price is also the position of the 20 day moving average. Regular inspection should be carried out in the early stage; For multiple orders entering the market at 15580 yuan/ton, break this price to stop loss and wait and see, so as to exchange time for a demand driven trend

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