According to the data monitoring of the business agency, the average ex factory price of LLDPE (7042) in East China was 7750.00 yuan / ton on November 22 and 8050.00 yuan / ton on November 23, with a one-day increase of 3.87% and an increase of 7.10% compared with November 1 at the beginning of the month.
| Thiourea |
According to the data monitoring of the business agency, the average ex factory price of LDPE (2426h) in East China was 11300.00 yuan / ton on November 22 and 1160.00 yuan / ton on November 23, with a one-day increase of 2.65% and an increase of 11.14% compared with 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 8433.33 yuan / ton on November 22 and 8533.33 yuan / ton on November 23, with a one-day increase of 1.19% and an increase of 2.40% compared with November 1 at the beginning of the month.
Regional variety manufacturers rose and fell from November 1 to November 23
East China LLDPE 7042 Jilin Petrochemical Company 7500 yuan / T 8050 yuan / T + 550 yuan
East China LLDPE 7042 Daqing Petrochemical Company 7500 yuan / ton 8050 yuan / ton + 550 yuan
East China LLDPE 7042 Dushanzi Petrochemical Company 7500 yuan / ton 8050 yuan / ton + 550 yuan
East China LDPE 2426h Daqing Petrochemical Company 10400 yuan / ton 11350 yuan / ton + 950 yuan / ton
East China LDPE 2426h Lanzhou Petrochemical Company 10400 yuan / ton 11350 yuan / ton + 950 yuan / ton
East China HDPE 5000S Daqing Petrochemical Company 8300 yuan / ton 8500 yuan / ton + 200 yuan
East China HDPE 5000S Lanzhou Petrochemical Company 8300 yuan / ton 8500 yuan / ton + 200 yuan
In November, the three varieties of PE spot market and the futures market showed an upward trend as a whole. Among them, the three varieties in the spot market rose periodically within the month, while the futures market was mainly weak in the first ten days of the month, and the rising route began on November 11. On November 23, the futures and futures rose hand in hand, and the spot rise was more prominent. Among them, high-pressure varieties led the rise, followed by linear varieties, while low-pressure varieties were driven by the other two varieties to follow up slightly. One of the reasons for this rise is that the supply of high-voltage market is affected by the shutdown of equipment of Maoming Petrochemical and other enterprises, which leads to the decrease of supply, the tight supply of goods in the market and the sharp increase of prices. Secondly, the futures market continued to rise sharply, which obviously supported the trading atmosphere of the spot market. International crude oil and ethylene prices continue to rise in recent years, bringing certain benefits to the market. Petrochemical factory prices mainly rise, business mentality is good, market prices are higher.
In November, the sharp rise of plastic futures brings strong support to the spot market
On November 23, the opening price of polyethylene futures 2101 was 7760, the highest price was 7970, the lowest price was 7720, the closing price was 7965, the previous settlement price was 7800, the settlement price was 7865, up 165, or 2.13%, the trading volume was 394112, the position was 266921, and the daily increase was 2302. (unit: yuan / ton)
In terms of upstream ethylene market, Asian ethylene market prices rose sharply. As of the 20th, CFR Northeast Asia closed at 940-950 USD / T, CFR Southeast Asia closed at 855-865 USD / T. European ethylene market prices rose, as of the 20th, FD northwest Europe closed at 744-755 US dollars / ton, CIF northwest Europe closed at 708-717 US dollars / ton. The price of ethylene in the U.S. also rose significantly. As of the 20th, the price was 471-485 US dollars / ton. At the beginning of November, the market of ethylene in Europe and America rose sharply. Generally speaking, the demand of the whole ethylene market improved, the atmosphere was active, and the market rose sharply.
In terms of demand, the operating rate of agricultural film has decreased, the demand for greenhouse film is reduced, and the plastic film is in the off-season, which has no good support for the price. However, the continuous rise in the futures market supported the bullish confidence of the industry. The crude oil and ethylene markets rose one after another, and the cost support was strengthened, which was beneficial to the market mentality. Polyethylene market is expected to rise in the short term.
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