The hottest spot LLDPE market summary of China Pla

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As of 10 a.m. on August 20, 2009, China plastic price index rose 1.18 points to 1013.19 points, and China plastic spot index rose 3.03 points to 1051.11 points

I. upstream developments:

the settlement price of the September light and low sulfur crude oil futures contract on the New York Mercantile Exchange (NYMEX) rose $3.23 to $72.42 a barrel, or 4.7%, the highest closing level since June 11. The closing price on Wednesday was only a few cents from the highest point since the end of October. At that time, affected by the turmoil in the financial industry and the economic downturn, oil prices were in the process of falling from an unprecedented high

II. Manufacturer dynamics:

PetroChina South China LLDPE has general inventory and is now priced for sale. Jilin/Daqing 7042 reported 10900 yuan/ton, Lanzhou Petrochemical 7042 reported 10900 yuan/ton

the inventory of PetroChina East China LLDPE is low, and it is now priced for sale. Lanzhou Petrochemical 7042n reported 11000 yuan/ton, Jilin/Daqing 7042 reported 11000 yuan/ton

the LLDPE inventory of Sinopec North China branch is general, and now it continues to be listed for sale. Tianjin United 9020 reported 11050 yuan/ton, and Zhongyuan Petrochemical 7050 reported 11000 yuan/ton

Tianjin United LLDPE continues to be listed for sale, with low inventory. The unit produces 9085. It is reported that 90 from the effect obtained, the output of 85 is at 11000 yuan/ton and 1820/1875 is at 10550 yuan/ton by the end of this month

the inventory level of Zhongyuan ethylene LLDPE is slightly higher. The production of the device is 70507050, and the ex factory price is 11000 yuan/ton

Guangzhou Petrochemical LLDPE has general inventory and is currently listed for sale. The double line production of 70427042/2001 has a factory price of 11000/11050 yuan/ton

III. warehouse receipt dynamics:

the main variety of China plastic warehouse receipt LLDPE ll0910 opened at 10800 yuan/ton, down 27 yuan/ton from the previous trading day. The latest trading volume was 105 tons, unchanged from the previous trading day; The order volume was 540 tons, up 15 tons from the previous trading day. The latest price of ll0910 was 10700 yuan/ton, down 127 yuan/ton from the previous trading day

IV. market conditions:

the listing price of LLDPE in China Plastics spot mall remained basically stable this morning, and only a few brands were adjusted, with a range of yuan/ton. Lldpe/dfda-7042/Daqing Petrochemical reported 10980 yuan/ton, down 70 yuan/ton. Lldpe/dfda-7042/Lanzhou Petrochemical reported 10950 yuan/ton, up 50 yuan/ton. Lldpe/dfdc-7050/Zhongyuan ethylene reported 11100 yuan/ton, down 100 yuan/ton

the supply of goods in Zhongyuan LLDPE market is general, and the quotation basically maintains yesterday's level. Businesses seek to make a deal, but there are not many deals. 7050 quoted 10750 yuan/ton

the PE market of Qilu Chemical City has little change, and the transaction is temporarily average. The market is mixed, and the rise in crude oil has not produced much positive support for the market, and businesses are still actively seeking deals. 7042 tax free yuan/ton

the quotation between PE markets in Shantou is basically stable, and the merchants mainly ship goods according to the market. At present, the transaction price has been negotiated to greatly reduce the quantity space of cracks, shrinkage cavities and splashes. The sharp rise in crude oil has no obvious effect on the market support, and the mentality of buyers and sellers is fragile

the price of PE market in Shanghai has stabilized, but there is no takeover at the high price level, and the linear supply is still relatively small, but the demand also remains weak. Lanhua 7042 reported 11000 tons, and Saudi 218w reported 11400 yuan/ton

the PE market in Tianjin port is not affected by crude oil, and the quotation is stable compared with yesterday. The downstream demand is limited, the middlemen are not enthusiastic about obtaining, the inquiry is temporarily general, and it is mainly wait-and-see, so the transaction is still difficult. 9085 at 10900 yuan/ton

the supply of PE market in Linyi is general. Affected by the sharp rise of crude oil, the tentative price is higher than 50 yuan/ton, but the high price is higher than the low price. The transaction price changes little and the transaction is not much. Linear in yuan/ton

note: the reprinted contents are indicated with the source. The reprint is for the purpose of transmitting more information to promote the steady development of bilateral relations in various fields, and does not mean to agree with their views or confirm the authenticity of their contents

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