The hottest October 17 China Plastics spot HDPE ma

2022-10-04
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On October 17, China Plastics spot HDPE market brief

China Plastics price index fell 22.06 points to 1010.9 points, and China Plastics spot index fell 19.43 points to 1140.06 points

I. upstream dynamics:

WTI crude oil on the New York Mercantile Exchange fell $4.69/barrel to $69.85/barrel, and Brent crude oil fell $4.48/barrel to $66.32/barrel

II. Manufacturer dynamics:

so as to further improve the industrial concentration.

Yangzi Petrochemical HDPE Plant line a produces 5000S, line B produces 5301b, line C produces 4803t, and LLDPE plant produces 1802

Shanghai Petrochemical high voltage 1Pe first-line production dj200a, plans to switch to N210 on October 19, second-line production z045, plans to switch to zj2601 on October 19, 2PE device production dj210, low-voltage device production mh602

PE production performance of Maoming Petrochemical: 1 × high pressure production, 2 × high pressure conversion 2420h; Full density production 7042; High density reactor is filled with liquid today

Daqing Petrochemical makes the machine safer in the process of use. Low voltage line a started production of 5000S yesterday, line B produced 5000S, and line C produced 5300b. The linear unit produces 7042, the new high pressure production 2426k, and the old high pressure production 18do

III. local market conditions:

the PE market trend of China plastic city continues to decline. Due to the continuous decline of oil prices, both WTI and Brent have fallen below $70/barrel, and market confidence has been seriously frustrated. Traders are actively selling goods, and low prices frequently appear, but the downstream response is still relatively cold. 2. The difference between hydraulic jaws and ordinary jaws seems to be small. In fact, few manufacturers are still waiting and receiving goods. At present, the mainstream price in the market: LDPE: yuan/ton, LLDPE: yuan/ton, HDPE: wire drawing material: About 11500 yuan/ton, plastic injection material: yuan/ton, film material: yuan/ton, hollow material: yuan/ton

traders in the PE market of Qilu Chemical City are still actively shipping, with 7042 tax included at 9000 yuan/ton, tax excluded at RMB/ton, 2102tn26 tax included at 9200 yuan/ton, tax excluded at about 8800 yuan/ton, 6098 tax included at 11000 yuan/ton, and 2100tn00 tax excluded at 9200 yuan/ton

the PE market in Nanjing continues to fall deeply, and no transaction has been heard yet. 7042 is reported at 9000 yuan/ton, 1801 at 8900 yuan/ton, and wiredrawing at 10200 yuan/ton. There is room for negotiation in the firm offer

the Shanghai market continues to decline in chaos, and the buyer's counter-offer is very bold and the transaction is limited. The market atmosphere is gloomy, and the actual transaction price is not clear

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