Polyethylene Market Review of the week (4.6) - PE, PE, LDPE-plastic industry

Polyethylene Market Review of the week (4.6) - PE

, PE, LDPE-plastic industry

12100-12200 yuan (weekend tons of price, the same below) 0/-400

Stabilization of market trends, individual small adjustments. Weekend, the mainstream of general membrane materials offer in 12100-12200 yuan, steady low-end, high-end Zoudie 400. Among them, Shanghai was 12,200 yuan petrochemical Q281, Q210 to 12,200 yuan, Zoudie 400 yuan, N220 was 12,200 yuan, up 100 yuan. 2426H Daqing Petrochemical is 12,100 yuan, Zou Die 100. Yamba 2426H to 12,200 yuan. Lanzhou Petrochemical 2426H to 12,200 yuan. Qilu Petrochemical TN26 to 12,200 yuan.

Little change current overall market, the sale of a deadlock situation can not improve. Despite the strong rebound in international crude oil, petrochemical and offer to maintain strong, but in addition to the business mindset has helped, the leading role of the market is not obvious. The current market, key resistance remains focused on the downstream market and end-user Xihuo not enthusiastic about the weak real deal is still the main factor constraining market for the better. Expected in the short term is hard to get out of low density polyethylene market consolidation trend may be.

External disk Quotes: Asia Latest Local decrease. Mainstream offer the latest in the 1432-1433 U.S. dollars / ton (CFR China), steady ,1452-1453 U.S. dollars / ton (CFR South East Asia), down 5 dollars / ton. Thursday (April 1) ethylene monomer prices 1149.25-1151.25 dollars / ton (CFR Northeast Asia), rose 3.25 U.S. dollars / ton ,1121.25-1123 .25 U.S. dollars / ton (CFR South East Asia), down 13.75 U.S. dollars / ton.

Linear low density polyethylene ( LLDPE ) 11200-12400 yuan -100 / 0

Market lower, with limited range. Weekend, the mainstream offer in 11200-12400 yuan, Zou Die 50-200 per month. Daqing Petrochemical 7042 was 11,200 yuan, Zou Die 100, Lanzhou Petrochemical 7042 was 11,200 yuan, Zou Die 100. Jilin Petrochemical 7042 was 11,200 yuan, Zou Die 100. YPC 7042 was 11,300 yuan, Zoudie 50, YLF-1802 to 11,350 yuan. Zhongyuan Ethylene 7050 was 11,250 yuan, Zou Die 150. Shanghai SECCO 0220KJ to 11,250 yuan, Zoudie 200, 0209AA as 11,200 yuan, Zou Die 150. Saudi 218W to 12,400 yuan. Plastics in 3224 was 11,700 yuan in Taiwan. As downstream demand continues to slump, the market doldrums hard to improve, so even if the sharp rebound in oil and petrochemical prices remained stable in April with the new up, but still no laws out of the vulnerable situation of the market. From current market, although the cost has strong support, but the overall mentality of the market instability, with the March peak of the wave of demand, some industry people lack confidence in the market outlook. Expected, linear low density polyethylene market recently may not have changed significantly.

External disk Quotes: Asia Market . Mainstream offer the latest in the 1304-1306 U.S. dollars / ton (CFR China), Zoudie 45 U.S. dollars / ton ,1324-1326 U.S. dollars / ton

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