Hottest February 25 China Plastics spot HDPE marke

2022-08-16
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On February 25, China Plastics spot HDPE Market Overview

China Plastics price index rose 2.96 points to 1. Adivant's new generation of liquid phosphite antioxidant improved product performance by 267.20 points, and China Plastics spot index rose 0.04 points to 1243.62 points

I. upstream dynamics:

WTI crude oil on the New York Mercantile Exchange rose $0.58 to $98.81/barrel, while Brent crude oil rose $0.77 to $97.01/barrel

II. Manufacturer dynamics:

Shanghai Petrochemical 1Pe produces dj200a, the second series produces N150, 2PE produces q281, and 4PE plans to switch to ygh041 today

Daqing Petrochemical HDPE unit will reduce its market share by 000s in first-line production, 5000S in second-line production, shutdown in third line, 18d0 in old high pressure production, 2426k in new high pressure production, and 7042 pellets in LLDPE unit

the PE unit of Zhongyuan Petrochemical normally produces 7050, the current 7050 quotation is 13250 yuan/ton, and the inventory is normal

III. local market conditions:

the PE market trend in China plastic city is poor, and some prices are declining steadily. At this stage, it has developed into injection foaming molding. Although the current delivery situation in the market is basically normal, there is still not much improvement due to the lack of hot spots, and it still looks relatively dull. At present, the mainstream price of the market: HDPE: drawing material yuan/ton, injection plastic yuan/ton, film material yuan/ton, and reflects better activity and processing performance, hollow material yuan/ton

the quotation of LLDPE in Linyi PE market rose over the weekend, and the transaction was good. Affected by the heavy snow today, there were few inquiries, but the traders' mentality was good, and the quotation continued to rise slightly, and the high/low pressure quotation was stable

the source of goods in Nanjing PE market is normal, traders' shipments are general, and LLDPE prices are slightly bullish. 7042 is reported at 13500 yuan/ton, 1802 is reported at 13550 yuan/ton, and 5000S is reported at yuan/ton, with few transactions. There are not many 5306j goods, and the quotation is 13700 yuan/ton

the price of PE market in Beijing is slightly adjusted today. There are not many goods in the market on Monday, and the brands of PetroChina are still mainly flat

the PE market in Qilu Chemical City rose slightly over the weekend, and the linear price rose slightly by 50 yuan/ton. The main reason is that Qilu Petrochemical just switched to 7042, and there are not many goods in the market. In addition, the startup rate of agricultural film gradually increased after the 15th day of the first month. In addition, 6098, affected by Qilu Petrochemical's switch to production, the price rose slightly to 13700 yuan/ton, while the price of 2102tn26 remained stable

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