Weekly market for polyethylene (PE) market (8.16)

Low-density polyethylene (LDPE) yuan (t price for the weekend, the same below) -300/-400

The market trend is softening, the market fluctuates and fluctuates. On weekends, the mainstream quotes for film materials generally range from RMB11,300 to 11,600, down from RMB200 to RMB500. Among them, Shanghai Petrochemical's Q281 is RMB1,1500, and the price is RMB250. Q210 is RMB11,300. , go down 500 yuan, N220 is 11,600 yuan, down 200 yuan. Daqing Petrochemical 2426H is 11,350 yuan, go down 250 yuan. Yamba 2426H is 11,500 yuan, down 500 yuan. Lanzhou Petrochemical 2426H is 11,350 yuan, go down 250 Yuan. Qilu Petrochemical TN26 was 1,1,500 yuan, down 200 yuan. The current market gains ended, the market moved to the finishing stage, the main reasons are: First, although international crude oil is still at a high level, but this week, the basic shock down, In turn, market sentiment has been affected, industry speculation has faded, and some businesses have become increasingly profitable; second, shipments have not been smooth, petrochemical companies have temporarily lowered their pace, and ex-factory prices have generally remained stable; Third, prices have increased Larger, to a certain extent, restricted the release of downstream demand. It is expected that if there is no major positive stimulus, the low-density polyethylene short-term market may be dominated by weak consolidation.

External Quotes: The latest market in Asian markets held steady. The latest mainstream quotes are at 1279-1281 US dollars / ton (CFR China), 1294-1296 US dollars / ton (CFR South East Asia). Thursday (August 12th) ethylene monomer prices at 905.5 -907.5 US dollars / ton (CFR Northeast Asia), rose 5 US dollars / ton, 870.5-872.5 US dollars / ton (CFR South East Asia), rose 10 US dollars / ton.

Linear low density polyethylene (LLDPE) element -300/-200

The market sentiment faded and the prices fell slightly. On the weekends, the mainstream quoted price was between 10100 and 10400 yuan and the downside ranged from 50 to 400 yuan. Daqing Petrochemical 7042 was 10,300 yuan and the downside was 200 yuan. Lanzhou Petrochemical 7042 was 10,300 yuan, down 300 yuan. Petrochemical 7042 is 10200 yuan, down 300 yuan. Yangzi Petrochemical 7042 is 10300 yuan, down 200 yuan, YLF-1802 is 10200 yuan, down 200 yuan. Shanghai SECCO LL0220KJ is 10200 yuan, down 400 yuan, LL0209AA is 10100 yuan, down 300 yuan. Saudi Arabia 218W is 10,350 yuan, down 50. Taiwan plastic 3224 is 10,400 yuan.

Since the actual transaction has not fundamentally improved, the current market is unlikely to continue its uptrend. The downstream market performance is not positive. Coupled with the recent weak correction in crude oil, end-users are clearly downbeat and purchases have been slower. Traders’ operating enthusiasm has subsided, and some small gains have been made. Shipment. From the perspective of market outlook, the petrochemical sales policy will become the focus of market attention. It is expected that if the overall cost can maintain the current level, the market for linear low-density polyethylene will not be too big even if it drops.

External Quotes: The Asian market is stable. The latest mainstream quotes are in the range of US$1139-1141/tonne (CFR China), US$1154-1156/tonne (CFR South East Asia).

The market trend of high-density polyethylene (HDPE) became stable, and the prices fluctuated in a narrow range. Due to the rapid growth in the previous period, the drawing/injection plastics generally fell mainly in small size, and the film/hollow material was stable and small. The current market trend cooled down. Into the consolidation trend. As the end-user there is a certain degree of resistance, the purchase of the market is not active, therefore, the lack of demand side has become a key constraint factor in the current market. However, fortunately, the overall cost of the market support is still there, the market fell Space is limited. It is expected that the high-density polyethylene short-term market may still be difficult to get rid of the finishing trend.

Drawing material weekend quoted in the mainstream of yuan, a small drop of 100-200 yuan. Among them, Daqing Petrochemical 5000S is 11,400 yuan, a small drop of 100 yuan. Lanzhou Petrochemical 5000S is 10,700 yuan, a small drop of 100 yuan. Yangzi Petrochemical 5000S is 11,200 yuan , fell 200 yuan.

Note plastic mainstream quotes in the weekend at 9800-10800 yuan, down 200-400 yuan. Among them, Lanzhou Petrochemical 60550AG is 10,000 yuan, down 300 yuan. Panjin ethylene HD5070EA is 9800 yuan, down 400 yuan. Fushun Petrochemical 2911 is 10800 yuan, down 200 yuan.

Film material weekend quoted in the mainstream of 9700-11800 yuan, low-end steady, high-end rose 400 yuan. Among them, Shanghai Petrochemical MH602 was 10,100 yuan, a small drop of 100 yuan, Shanghai SECCO HD5301AA was 9800 yuan, down 100 yuan. Qilu Petrochemical. 6098 is 10,700 yuan. Jilin Petrochemical JHM9455F is 9,700 yuan. Korean oil F600 is 11,800 yuan, up 400 yuan. China's Taiwanese plastic 9001 is 10,800 yuan.

Hollow material weekend quoted at yuan. Among them, Yangzi Petrochemical 5301B is 11,600 yuan. Jinfei Petrochemical 5502 is 10,200 yuan. Maoming Petrochemical HHM5502 is 10,200 yuan. South Korea LG0400 is 11,900 yuan, down 100 yuan.

External disk market: The latest prices in the Asian market have risen steadily. The latest mainstream quotes: Drawing material at US$1214-1216/ton (CFR China), up by US$35/ton, US$1224-1226/ton (CFR South East Asia), up US$30 / Tons; Injection plastic at $1119-1121/tonne (CFR China), steady, $1134-1136/tonne (CFR South East Asia), up $5/tonne; Blown plastic at $1119-1121/tonne (CFR China ), steady, 1134-1136 US dollars / ton (CFR South East Asia), up 5 US dollars / ton; membrane material in the 1119-1121 US dollars / ton (CFR China), 1134-1136 US dollars / ton (CFR South East Asia), both hold stable.

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