According to the data monitoring of business agency, the average ex factory price of LLDPE (7042) in East China was 7750.00 yuan / ton on November 22 and 8266.67 yuan / ton on November 27, up 6.67% during the week and 9.98% higher than that on November 1 at the beginning of the month.
According to the data monitoring of business agency, the average ex factory price of LDPE (2426h) in East China was 11300.00 yuan / ton on November 22 and 12375.00 yuan / ton on November 27, up 9.51% in the week and 18.56% higher than November 1 at the beginning of the month.
According to the data monitoring of the business agency, the average ex factory price of HDPE (5000S) in East China was 8433 yuan / ton on November 22 and 8700.00 yuan / ton on November 27, up 3.16% in the week and 4.40% higher than that on November 1 at the beginning of the month.
Regional variety manufacturers rose and fell from November 22 to November 27
East China LLDPE 7042 Jilin Petrochemical 7650 yuan / T 8200 yuan / T + 550 yuan
East China LLDPE 7042 Daqing Petrochemical 7650 yuan / T 8200 yuan / T + 550 yuan
East China LLDPE 7042 Dushanzi Petrochemical Company 7650 yuan / ton 8200 yuan / ton + 550 yuan
East China LDPE 2426h Daqing Petrochemical 11250 yuan / ton 12300 yuan / ton + 1050 yuan
East China LDPE 2426h Lanzhou Petrochemical 11250 yuan / ton 12300 yuan / ton + 1050 yuan
East China HDPE 5000S Daqing Petrochemical Company 8400 yuan / ton 8700 yuan / ton + 300 yuan
East China HDPE 5000S Lanzhou Petrochemical Company 8400 yuan / ton 8700 yuan / ton + 300 yuan
Near the end of November, the three major varieties of PE spot market in this week (11.23-27) showed an upward trend as a whole, among which the high pressure was the leader, with the rising range being the most prominent, and the price in East China was about 1050 yuan / ton. The second is linear varieties. The rising range in East China is about 550 yuan / ton. Under the leadership of the two major varieties, the low pressure is mainly followed by the rise. The rise rate in East China is about 300 yuan / ton.
The market was more positive at the end of the month. The supply of high-voltage market was affected by the shutdown of equipment of Maoming Petrochemical and other enterprises, and the supply of goods in the market was tight. This positive situation continued this week and prices continued to rise. During the week, international crude oil continued to rise, and the news was good for the market. In addition, the futures market rose first and then fell during the week, which brought some support to the market. The ex factory price of petrochemicals was mainly adjusted. The business mentality was good, and the market price was higher. In the aspect of supply, the quantity of imported resources in Hong Kong was tight at the end of November, high pressure and linear transaction were better, low pressure had no obvious improvement, and inventory was not high.
This week, plastic futures first rose and then fell, bringing some support to the spot market
On November 27, the opening price of polyethylene futures 2101 was 7850, the highest price was 8010, the lowest price was 7820, the closing price was 7970, the previous settlement price was 7935, and the settlement price was 7900. The trading volume was 332996, the position was 250857, and the daily increase was 5055. (unit: yuan / ton)
At present, the futures market is falling down, which is of limited benefit to the market. Moreover, with the price rising to a relatively high level, the downstream resistance increased, and the market transaction atmosphere became weak. In terms of demand, the agricultural film operating rate declined, and the price continued to rise without motivation. Although the petrochemical inventory is at a low level and the price is relatively strong, the business offer has fallen. Polyethylene market is expected to fall in the short term.