The hottest LLDPE is positive, boosting limited sh

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[LLDPE] positive boost limited shock consolidation is the main

first, the bank will definitely determine whether the product is stored, so as to drive the time to carry out fatigue experiments, make judgments on potential safety hazards, and take forced measures such as market withdrawal. Brief introduction

today's LLDPE spot market is volatile and low. Market sentiment was weak and sideways. Although the futures rose, it gave little boost to the spot. As the end of the month approached, most Petrochemical prices were lowered and the end of the month pricing policy was implemented. Traders' confidence in the future market was not strong, and they still focused on active shipment, with a single discussion on the overall trading

II. Overview of upstream market

the settlement price of light and low sulfur crude oil futures in June on the New York Mercantile Exchange rose 57 cents, or 0.6%, to $104.12 a barrel. Ice Brent crude oil futures contract rose 96 cents, or 0.7%, to $119.12 a barrel

on Wednesday, the Asian ethylene market fell in a narrow range, with CFR Northeast Asia closing at 1382 5 dollars/ton, CFR Southeast Asia 1413 US $5/ton, both slightly down US $1/ton

III. local market conditions

today, the LLDPE market quotation slightly weakened, and merchants gave up profits and goods to seek transactions. Downstream demand was light, and the transaction resistance was large

the quotation of thermosetting sheet PE in Dongguan market has slightly weakened, and the market trading atmosphere is not good. Merchants are under great pressure to ship goods, and actively seek deals by making small profits. However, the terminal demand has not changed much, the intention of receiving goods is not high, and the transaction is more simple

the PE market price quotation in Shanghai continued to decline, and the market transaction was dismal. The poor performance of the futures market in the morning has made it difficult for merchants to ship goods. In addition, the weak downstream demand has increased the resistance to firm offer transactions

PE quotation in Shenyang market was slightly sorted out. In the morning, linear futures fluctuated downward after the opening, and the mentality of merchants was temporarily stable. They mainly shipped goods according to the market, while the downstream demand was light and the transaction was not smooth

IV. in terms of the latest quotation, the price of PetroChina East China LLDPE decreased: 7042 (Jilin) was reported at 10300 yuan/ton (down 200), 7042n (Lanhua/Dushanzi) was reported at 10100 yuan/ton (down 200), and 7042 (Lanhua/Dushanzi/Daqing) was reported at 10300 yuan/ton (down 200)

the listing price of PetroChina northwest LLDPE is stable: 7042 (Dushanzi) is reported at 10900 yuan/ton, and 0209aa (Dushanzi) is reported at 10950 yuan/ton

Sinopec sells South China l. We Jinan new era Gold Testing Instrument Co., Ltd., a large manufacturer, have no machine quality. LDPE is listed for sale: 7042 (Maoming) at 10900 yuan/ton, 7050 (Fujian United) at 10850 yuan/ton, and 2001 (Guangzhou) at 10950 yuan/ton

v. future market forecast

linear futures rose slightly after the opening, and trading continued to be cautious. Near the end of the month, there is no positive support in the market, and the mentality of merchants is slightly cautious. Most of them actively give up profits and take away goods. The terminal demand is difficult to improve, the market trading atmosphere is light, and most of the downstream wait-and-see. It is expected that the LLDPE market will steadily decline in recent days

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