Analysis on the price of plastic raw material HDPE

2022-10-22
  • Detail

On January 26, the price analysis of plastic raw material HDPE

I. brief introduction of the market

pe market narrow consolidation. Some ex factory prices of PetroChina northwest and PetroChina East China have increased, which has formed a certain cost support role for the market; While the downstream buying is fading, market inquiries, makroblend m525 of various colors have passed the test requirements of ISO 10993 (5) (in vitro cytotoxicity) and ISO 10993 (1) 0 (stimulation and delayed type hypersensitivity) standards. The atmosphere is poor, and traders offer multidimensional and stable, mainly accompanied by shipments

II. Brief introduction to the upstream market

3. Selection of additives to reduce the contraction rate

crude oil futures prices fell on Monday, and the settlement price of WTI light and low sulfur crude oil futures delivered on the New York Mercantile Exchange (NYMEX) in March fell by $1.85 to $30.34/barrel, down 5.7%. London Intercontinental Exchange (ice) global benchmark Brent crude oil futures settlement price fell $1.68 to $30.50/barrel, down 5.2%

on Monday (January 25), the market price of ethylene in Asia was stable, and the price of CFR Northeast Asia remained stable to close at 959 5 dollars/ton; CFR Southeast Asia prices remained stable at 969 5 dollars/ton

III. local market conditions

market quotation is stable and small. The demand continues to be flat, and the firm offer is a single deal

the host of the experimental machine is a single support column structure

the price of PE in Ningbo fluctuated in a narrow range. Market news game, merchants' hearts ldquo; Coal is still the most important energy source at present. The upstream state is unstable, and some offers fall back in a narrow range, widening the gap between on-site offers

PE prices in Xinjiang continue to rise. Market news game, due to the rise of petrochemical news, some traders continued to report higher prices

PE prices in Changzhou market rose slightly. The merchant's mentality is to sell goods at a small margin. The downstream demand followed slowly, and the transaction was dominated by rigid demand

IV. in terms of the latest quotation

1. PetroChina quotation

the pricing of HDPE in East China was increased. 5502 (Dushanzi Petrochemical) increased by 100 yuan to 8800 yuan/ton, 5300b (Daqing Petrochemical) increased by 100 yuan to 8800 yuan/ton, and 5000S (Lanzhou Petrochemical) was 9100 yuan/ton

CNPC northeast HDPE pricing is stable, 6097 (Daqing Petrochemical) reported 8600 yuan/ton, gc100s (Jilin Petrochemical) reported 8800 yuan/ton, 2911 (Fushun Petrochemical) reported 8100 yuan/ton

the listing price of HDPE in North China of CNPC increased, with 8920 (Dushanzi Petrochemical) rising 300 yuan to 8200 yuan/ton, 2911 (Fushun Petrochemical) rising 100 yuan to 8200 yuan/ton, and 5000S (Daqing Petrochemical) rising 9100 yuan/ton

2. Mall quotation

as of 15:00, the quotation of some brands of HDPE in China Plastics' spot increased by yuan/ton, of which 5502/Dalin, South Korea, was at least 10250 yuan/ton (up 50), and bl3/Iran Petrochemical was at least 8800 yuan/ton (up 300)

v. future forecast

at present, although demand remains flat, petrochemical inventories remain low and supply and demand fundamentals remain balanced. As the Spring Festival approaches, factories and traders will be shut down for holidays next week, and the market trading will gradually fade. It is expected that the PE market will continue the weak consolidation trend in the near future

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