Brief introduction to HDPE market of China Plastic

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As of 10 a.m. on December 2, 2009, China Plastics price index rose 5.67 to 1010.1 points, and China Plastics spot index rose 0.14 to 1061.88 points

I. upstream dynamics:

(I) nymex1 January light and low sulfur crude oil futures contract closed up $1.09 to $78.37 per barrel

(II). On January 1, ICE1, Brent KPL's main production of APET, PP and hips crude oil futures closed up US $0.88 to US $79.35 per barrel

II. Manufacturer dynamics:

PetroChina South China HDPE has general inventory, and is listed for sale except for pipe/membrane materials. Daqing Petrochemical reported 10800 yuan/ton for 5000S and Jilin Petrochemical reported 10500 yuan/ton for 9455f

Jilin Petrochemical HDPE unit is currently listed. This work should be sold by professionals. The unit produces 9455f. 9455f quoted 10300 yuan/ton

Fushun Petrochemical HDPE unit produces 29112911, with an ex factory price of 10400 yuan/ton. The petrochemical inventory is average, and it is listed for sale today. Fushun Petrochemical plans to put into operation a set of 300000 tons of HDPE and a set of 400000 tons of full density devices in 2010, with a total of 700000 tons of new PE capacity

Daqing Petrochemical's HDPE inventory is average, and the operational amplifier destroys the pricing sales today. Low voltage line a produces 5000S, line B produces 5000S, and line C produces 2200j. Daqing Petrochemical 2200j reported 10400 yuan/ton

the PE inventory of Sinopec Sales South China branch is normal, and now it is listed for sale. Maoming Petrochemical reported 10700 yuan/ton for tr144

the overall inventory of CNPC East China HDPE is general, and now it is sold at a fixed price. Daqing Petrochemical reported 10800 yuan/ton for 5000S

although the electric heating plastic granulator has been widely implemented nationwide. III. local market conditions:

the listing of the plastic spot mall in the morning trading, some HDPE brands have been adjusted, ranging from yuan/ton, and another brand has increased by 900 yuan/ton. Formosa Plastics USA e924 reported 10800 yuan/ton, up 200 yuan/ton. Formosa Plastics USA hb5502b reported 10500 yuan/ton, up 100 yuan/ton. LG Chemical me8000 reported 104200 yuan/ton, up 20 yuan/ton

the PE market price in Yuyao is generally declining, and the transaction is sluggish. Traders respond that it is difficult to ship and the demand is weak. Daqing Petrochemical reported 10900 yuan/ton for 5000S

the PE market price in Beijing stopped falling and stabilized, and the ultra-low price disappeared. The inquiry atmosphere of downstream middlemen is acceptable, and there are few firm offers for the time being. The recovery of international crude oil has a certain positive effect on the market. At present, businesses are actively shipping and looking for a deal. Yanshan Petrochemical reported RMB 5000S/ton and Daqing Petrochemical reported RMB 10600/ton

the transaction in Nanjing PE market is sluggish and the supply of goods is general. 10900 yuan/ton for 5000S, 10400 yuan/ton for 5301b, 10600 yuan/ton for 5306j and 6218 high melting materials

the price of PE market in Hangzhou is weak and the transaction is poor. Some traders said that the transaction took place very late in the morning. The negotiation is also very difficult, and the market supply is stable. Yangzi Petrochemical reported 10900 yuan/ton for 5000S

the price of PE market in Shanghai is weak, the transaction is not ideal, and the supply of goods is stable. Lanhua 5000S is 10900 yuan/ton

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