Polyethylene PE Market News (7.13) – polyethylene, PE, LDPE-plastic industry – M
PE Review Quotes HC plastic mesh Low density Polyethylene ( LDPE ) 10500-10800 yuan (weekend tons of price, the same below) +200 / +200
Market to continue higher, rate limited. Weekend, the general mainstream of membrane materials offer in 10500-10800 yuan, higher 200-300 per month. , Shanghai Petrochemical Q281 to 10,700 yuan, 200 yuan higher, Q210 to 10,600 yuan, 200 yuan higher, N220 was 10,650 yuan, 250 yuan higher. Yanshan Petrochemical LD100AC to 10,800 yuan, 300 yuan higher. 2426H Daqing Petrochemical 10500 yuan, 200 yuan higher, 18D to 10,600 yuan. Yamba 2426H to 10,700 yuan, 300 yuan higher. Portland-based petrochemical 2426H to 10,500 yuan, 200 yuan higher. Qilu Petrochemical TN26 was 10,600 yuan, 250 yuan higher.
This issue, although the international crude oil fell sharply, but they buck the trend and the ethylene monomer, and the alarming rise of larger efforts to support market sentiment. And in Oil , SINOPEC homeopathic hike is the main driving force to promote the round market. However, lack of lower demand, weak contract area has long been difficult for traders to ship, though the hands of limited resources, but not hastily speculation, in actuality, is more cautious. Expected, the recent market prices continue to rise low-density polyethylene there are some difficulties in post-market correction may be in the main.
External disk market: market conditions in Asia continue to rise. Mainstream offer the latest in the 1240-1250 U.S. dollars / ton (CFR China), up 5 U.S. dollars / ton ,1250-1260 U.S. dollars / ton (CFR South East Asia), up 5 U.S. dollars / ton. Thursday (July 9) ethylene monomer prices in the 1070-1072 U.S. dollars / ton (CFR Northeast Asia), rose 119 U.S. dollars / ton ,1065-106 U.S. dollars / ton (CFR South East Asia), rose 94 U.S. dollars / ton.
Linear low density polyethylene ( LLDPE ) 10300-10800 yuan +500 / +300
Market rose relatively large margin. Weekend, the mainstream offer in 10300-10800 yuan, up range from 200-650 dollars. Lan fossilization 7042 reported 10,300 yuan, up 400 yuan. Jilin Petrochemical 7042 was 10,300 yuan, up 400 yuan. YPC 7042 was 10,400 yuan, up 300 yuan, YLF1802 to 10,400 yuan, up 300 yuan. Zhongyuan Ethylene 7050 was 10,400 yuan, up 200. Shanghai SECCO 0220KJ to 10,700 yuan, up 400 yuan, 0209AA as 10,450 yuan, up 650 yuan. Saudi 218W to 10,800 yuan, up 300 yuan. Formosa Plastics 3224 to 10,600 yuan, up 300 yuan. Current market performance is acceptable, pre-market steadily higher, crude oil affected by the late, the trend leveled off. Ethylene monomer prices has boosted market confidence, petrochemical prices put up to promote the market up. Unfortunately, however, is that because the strong side with the lack of transactions, the market price of the more prominent non-market situation. Businesses become more rational state of mind, the operation to short-term oriented. Expected short-term linear low density polyethylene market may be finishing up the trend.
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