The hottest spot LLDPE market of China Plastics on

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On October 10, China Plastics Co., Ltd. spot l therefore, waste plastic particle treatment will become a hot spot in the future. Brief introduction to LDPE market

China Plastics price index fell 19.10 points to 1107.92 points, and China Plastics Co., Ltd. spot index fell 3.76 points to 1221.67 points

I. upstream express:

WTI futures closed at $86.59 per barrel in New York commodity futures trading, down $2.36 from the previous trading day

Asian ethylene fell sharply at the latest closing. CFR Northeast Asia fell $80 to $per ton, and CFR Southeast Asia fell $80 to $per ton

II. Manufacturer dynamics:

PetroChina East China LLDPE was listed for sale today, and the quotation was stable: 7042 (Jihua/Daqing) was 11500 yuan/ton, 7042/7042n (Lanhua) was 11500 yuan/ton

PetroChina South China LLDPE continued to be listed today, with a stable quotation: 7042 (Jihua) at 11500 yuan/ton, 7042 (Lanhua) at 11500 yuan/ton

the first line of Guangzhou Petrochemical LLDPE plant was opened today, producing 7042, and the first line 2001. The listing price is stable today: the membrane material 7042 is at 11700 yuan/ton, and the membrane material 2001 is at 12150 yuan/ton

Maoming Petrochemical LLDPE plant produces 7042. Today's listing price: 7042 at 11700 yuan/ton, 7042 powder at 11850 yuan/ton, 7144 at 12350 yuan/ton, 7144 powder at 12350 yuan/ton

III. local market conditions:

pe market conditions continue to deteriorate. Futures fell by the limit at the opening. Since the return of November, the market has fallen for a week. Traders' confidence has been basically lost, the market has basically collapsed, traders have dumped goods madly, and the market price has fallen by yuan/ton compared with yesterday. The linear price is moving towards 10000 yuan. The linear price is in North China, 11300 in South China and 11000 in East China. There are many traders who dump goods at lower prices in the market

pe market performed poorly, and the market fell again and again. Traders have panic mentality and actively sell goods. Downstream factories hold a wait-and-see attitude of gently turning the screw by hand, and there are few goods received, resulting in shrinking demand. Due to the difficult transaction, the social inventory pressure is obvious, and the imbalance between supply and demand is aggravated. Current market mainstream price: LLDPE: yuan/ton

the atmosphere of Shanghai LLDPE market was cold, and there was basically no transaction. 7042 yuan/ton, 218w at 11950 yuan/ton, 1002kw at 11200 yuan/ton, 3305 at 11200 yuan/ton, 1020cc at 10800 yuan/ton

Shunde LLDPE market quotation fell steadily and accelerated. Guangzhou Petrochemical 7042 reported 11000 yuan/ton, Maoming 7042 reported 10850 yuan/ton, Maoming 7144 reported 11400 yuan/ton, Guangdong petrochemical 2001 reported 11450 yuan/ton, and Saudi Arabia 218w goods understated 12250 yuan/ton. All the above are tax exclusive quotations

the market price of LLDPE in Hangzhou continues to decline, with low recycling rate and light investment. CNPC linear 7042 is 11500 yuan/ton, 0220kj is 12200 yuan/ton, and 0220aa is 12000 yuan/ton

note: this 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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