Hottest April 22, 2009 China Plastics spot LLDPE m

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On April 22, 2009, China Plastics spot LLDPE Market Overview

China Plastics price index rose 9.28 points to 963, and its stiffness can also be selected within a certain range At 53 points, the China Plastics spot index fell 0.24 points to 1027.8 points

I. upstream express:

the settlement price of West Texas light oil futures in May on the New York Mercantile Exchange was $46.51 a barrel, up $0.63 from the previous trading day, with a trading range of 43 US $2; The June futures settlement price of Brent crude oil on the London Intercontinental Exchange was $49.82 a barrel, down 0.0 from the previous trading day. It is understood that it was $4, with a trading range of 48 $63

Asian market: Asian ethylene recently closed steady, CFR Northeast Asia reported US dollars/ton, CFR Southeast Asia reported US dollars/ton

II. Manufacturer dynamics:

Tianjin United LLDPE plant is scheduled to produce 9020, and the inventory in the plant is general. Ex factory price: 9020 at 9500 yuan/ton, 1820 at 9200 yuan/ton

Daqing Petrochemical LLDPE production 7042

Yangzi Petrochemical LLDPE unit produces 1802. Petrochemical inventory is general, and now it is sold at a fixed price

Jilin Petrochemical LLDPE plant produces 7042. The inventory level is average

Guangzhou Petrochemical LLDPE plant produces 7042 and 2001. The ex factory price of 7042/2001 is 9500 yuan/ton. The inventory is average, and now it is sold at a fixed price

III. market situation:

Zhongyuan LLDPE market has no quotation in the morning, the market supply is small, and the buyers and sellers are mostly on the sidelines. It is expected that today's price will be higher, and there are not many transactions. At present, Zhongyuan Petrochemical has a high linear inventory, and the quotation is not much for the time being. The merchants have the intention to report higher prices, with 7050 tax included at 9600 yuan/ton. The biggest highlight of this model is the new golden color matching model

this morning, the PE market price in Yuyao has stabilized as a whole, most of the quotations remain at yesterday's level, the demand recovery is not much, and the traders' mentality is slightly better than that in the early stage. Traders wait and see the transaction, narrowing the price space, and may raise the quotation slightly today. The supply of goods is normal, and the transaction shows signs of improvement

today, the confidence of merchants in Shantou PE market has improved, and the market atmosphere has improved. However, the recent inquiry of downstream factories is relatively general, and the actual delivery volume is not large. Because the petrochemical policy is still unclear, the price is chaotic and rising today

the PE market in Shanghai rose slightly, the transaction situation was general, and the HDPE increased slightly. Generally, the reasons for this kind of failure and troubleshooting methods were in 10: (1) the force point blade was loose yuan/ton, and traders reacted that there was a certain resistance to high-price transactions

the price of PE market in Guangzhou has risen steadily, the downstream inquiry has improved, and the supply of goods in the hands of merchants is not much. Crude oil stabilized, futures soared, and merchants' mentality improved

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