Hottest price of plastic raw material HDPE on Apri

  • Detail

On April 13, 2016, the price analysis of plastic raw material HDPE

I. brief introduction of the market

pe market fell slightly, and most of them understated yuan/ton. Although crude oil continued to rise and futures opened higher, the boost to business confidence was limited, and businesses took the opportunity to ship and seek a deal. Downstream factories fell into wait-and-see purchasing, and the poor transaction further exacerbated the market decline. Such materials have good ductility

II. Brief introduction to the upstream market

the international crude oil futures price rose on Tuesday. The settlement price of WTI light and low sulfur crude oil futures in May on the New York Mercantile Exchange (NYMEX) rose by $1.81 to $42.17 per barrel, or 4.5%; The settlement price of June Brent crude oil futures on the London Intercontinental Exchange (ice) rose $1.86, or 4.3%, to $44.69 a barrel

on Tuesday (April 12), the market price of ethylene in Asia was stable, and the price of CFR Northeast Asia remained stable to close at 1199 5 dollars/ton; CFR Southeast Asia prices remained stable at 1159 5 dollars/ton

III. local market prices

market quotations declined. The demand continues to be flat, and the firm offer is a single deal

PE prices in Xinjiang are weak and volatile. The terminal is cautious to wait and see, and there is still resistance to high price transactions

weak PE prices in Xiongxian market. The performance of futures in the morning was acceptable. Traders' offers stabilized and transactions were negotiated

the price of PE in Dongguan market is stable and small. The futures opened high and fluctuated, but PetroChina South China lowered the ex factory price. The market trading was cautious, and the merchants offered with them. The downstream demand is general, and the firm offer is negotiated

IV. in terms of the latest quotation

1. PetroChina East China HDPE pricing is stable, with 7260 (Fushun Petrochemical) at 9500 yuan/ton, 9455f1 (Sichuan Petrochemical) at 9450 yuan/ton, and 6097 (Daqing Petrochemical) at 9550 yuan/ton

the listing price of CNPC South China HDPE is stable, with 2911 (Fushun Petrochemical) at 9700 yuan/ton, 6097 (Daqing Petrochemical) at 9600 yuan/ton, and 8008 (Dushanzi Petrochemical) at 10100 yuan/ton

the listing price of HDPE in North China of CNPC decreased, with 6095 (Dushanzi Petrochemical) falling by 100 yuan to 9500 yuan/ton, 2911 (Fushun Petrochemical) to 9400 yuan/ton, and 5000S (Daqing Petrochemical) to 10000 yuan/ton

2. Mall quotation

as of 15:00, the quotation of some brands of HDPE in the spot of China Plastics Co., Ltd. was mixed, with a range of yuan/ton. Among them, dmda-8008/Baofeng energy reported a minimum of 9100 yuan/ton (down 100. In December, the monthly export volume reached 18, but assuming that 33 parts problems appeared in the process of equipment measurement), mh602/Shanghai Petrochemical reported a minimum of 9800 yuan/ton (up 200)

v. future forecast

some petrochemical companies continue to reduce their ex factory prices, resulting in light market trading, coupled with insufficient downstream position filling intention, just need to deal. At present, the market has no favorable guidance. Pre peek has the advantages of wear resistance, corrosion resistance, high temperature resistance, high strength, X-ray transmission good biocompatibility and other characteristics. In the short term, the market will continue to be weak, and pay close attention to the petrochemical price adjustment strategy

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