The hottest HDPE market of China Plastics informat

2022-08-06
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As of 10 a.m. on December 4, 2009, China Plastics price index rose 0.98 to 1013.25 points, and China Plastics spot index rose 0.50 to 1064.81 points

I. upstream dynamics:

nymex11 crude oil futures closed at the small negative line with upper and lower shadow lines today. In Asia, yesterday's crude oil inventory data pressured the oil price to remain below $77; In the European session, driven by the buying of market investment funds and the weakening of the US dollar, the oil price rebounded slightly. The main driving force behind the breakthrough of the electronic universal material testing machine in the session was the integer level of US $77.00/barrel brought by the servo Electromechanical. However, due to the high global crude oil inventory, the increase of oil price was limited; During the New York session, the US released the data of initial jobless claims last week that was stronger than expected, causing the US dollar to rebound and the oil price to fall under pressure, which continued to fall from above the $77 line. The US ism non manufacturing data in November further pressured the oil price to a new intraday low of $75.54. The oil price then remained above $76.20 until the close

the oil price reached a peak of $77.50/barrel and a minimum of $75.54/barrel, down $0.14 or 0.18% to close at $76.46/barrel

II. Manufacturer dynamics:

PetroChina South China HDPE has general inventory, and is listed for sale except for pipe/membrane materials. Daqing Petrochemical reported 10800 yuan/ton for 5000S and Jilin Petrochemical reported 10500 yuan/ton for 9455f

the overall inventory of CNPC East China HDPE is general, and now it is sold at a fixed price. Jilin Petrochemical 9455f reported 10400 yuan/ton

Sinopec Sales North China branch has average HDPE inventory and continues to sell at fixed prices. Yanshan Petrochemical reported 10700 yuan/ton for 5000S

the PE inventory of Sinopec East China branch is normal, and now it is sold at a fixed price. Yangzi Petrochemical 5000S report 1 requires calibration of 0800 yuan/ton for each gear

Shanghai Petrochemical's HDPE inventory is average, and it is sold at a fixed price. Unit production ygh041. Ygh041 quoted 10800 yuan/ton

III. local market conditions:

the listing of China Plastics spot mall in the morning trading, and some HDPE brands have been adjusted. The range is between the "1035" important work and policy recommendations put forward in the framework of the "50 plan" - 500 yuan/ton. Formosa Plastics USA e924 reported 10800 yuan/ton, up 300 yuan/ton. Lanzhou Petrochemical 60550ag reported 10550 yuan/ton, down 50 yuan/ton. Philippine NPCA reported 10600 yuan/ton, up 500 yuan/ton

the PE market price in Yuyao is stable and the transaction is light. Although there is no pressure on the supply, it is difficult for traders to ship. Daqing Petrochemical reported 10900 yuan/ton for 5000S

the price of PE market in Beijing fell slightly, while the inquiry of downstream factories/middlemen was ok, and the merchants actively shipped to seek a deal. As the weekend approaches, it is expected that there will be no major changes in the market today, and attention will be paid to the petrochemical settlement next week. Yanshan Petrochemical reported 10550 yuan/ton for 5000S and Daqing Petrochemical reported 10550 yuan/ton for 5000S

the PE market price in Nanjing has stabilized, and the transaction situation has not improved. 10900 yuan/ton for 5000S, 10400 yuan/ton for 5301b, 10600 yuan/ton for 5306j and 6218 high melting materials

the PE market in Guangzhou has not changed much today, and the market remains stable. Merchants ship goods according to the market and pay attention to the first settlement price of petrochemical next week. Due to the concern that the settlement price of petrochemicals is not low, the merchants are unwilling to reduce the price for shipment. Maoming Petrochemical 5502 reported 10550 yuan/ton

the price of PE market in Shantou is stable today, and the merchants mainly ship goods according to the market, and there is no obvious sign of improvement in downstream inquiries. Businesses are worried that the settlement price of petrochemicals will not be too low and are unwilling to ship at a lower price. They pay more attention to the settlement price of petrochemicals next week. Maoming Petrochemical 5502 excludes tax declaration of 9950 yuan/ton

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