Analysis of HDPE price of plastic raw materials on

On February 29, the price analysis of plastic raw material HDPE

create a demonstration project of intelligent manufacturing technology in the field of modified high molecular materials in China

I. brief introduction to the market

the overall PE market has not changed much. Linear futures opened low and fluctuated weaker. At the end of the month, some petrochemicals adjusted their prices. The market trading atmosphere was relatively light, and most merchants shipped according to the market. The terminal demand is weak, the intention of covering positions is not high, and the resistance of merchants to ship is not reduced

II. Overview of the upstream market

oil prices fell on Friday, and the settlement price of light and low sulfur crude oil futures for April delivery on the New York Mercantile Exchange fell 29 cents, or 0.9%, to $32.78/barrel. The futures once hit a one month intraday high. The settlement price of Brent crude oil futures, the global benchmark on the European ICE Futures Exchange, fell 19 cents, or 0.5%, to $35.1 a barrel. The futures once hit the highest intraday level since early January

on Friday (February 26), the market price of ethylene in Asia rose, and the price of CFR Northeast Asia rose by $40 to close at 999 5 dollars/ton; CFR Southeast Asia prices rose $40 to close at 999 5 dollars/ton

III. local market conditions

the market trading atmosphere is general, and the traders' mentality is flat, so they offer with them. Terminal demand is flat, and rigid demand is the main demand

PE prices in Xi'an market were sideways adjusted. Linear futures open high and fluctuate, the inquiry situation is mediocre, traders offer with them, the terminal demand is general, and the transaction is single

PE prices in Shunde market rose slightly. Linear futures opened high and fluctuated, and the mentality of merchants was general. They sold goods at a small margin. The downstream demand follows slowly, and the firm offer transaction focuses on negotiation

PE prices in Chongqing market are stable and small. Linear futures opened high and fluctuated, the market trading atmosphere was general, and traders' mentality was flat, so they offered with them. The terminal demand is flat, and it needs to be dominated by gb/t 1040 (1) 992 "test methods for tensile properties of plastics"

IV. in terms of the latest quotation

1. Petrochemical quotation

PetroChina East China HDPE pricing increased individually. Tub121n3000 (Dushanzi Petrochemical) increased by 100 yuan to 9000 yuan/ton, jhmgc (Jilin Petrochemical) increased by 100 yuan to 9000 yuan/ton, and dgdb-2480 (Daqing Petrochemical) increased by 100 yuan to 8600 yuan/ton

CNPC South China HDPE partially increased, 5000S (Daqing Petrochemical) increased by 150 yuan to 9250 yuan/ton, 5000S (Lanzhou Petrochemical) increased by 100 yuan to 9200 yuan/ton, and 7750m (Fushun Petrochemical) increased by 100 yuan to 9000 yuan/ton

CNPC North China HDPE pricing remained stable, with 8920 (Dushanzi Petrochemical) at 8300 yuan/ton, 2911 (Fushun Petrochemical) at 8400 yuan/ton, and 6097 (Daqing Petrochemical) at 8800 yuan/ton

2. Mall quotation

as of 15:00, the quotation of individual brands of HDPE in China Plastics' spot has been reduced by between yuan/ton, of which 52518/Iranian Petrochemical lowest reported 8200 yuan/ton (down 200), 7000f/Iranian Petrochemical lowest reported 9200 yuan/ton (different materials need different fixtures, down 100)

v. future forecast

the prices of PetroChina in various regions have fluctuated, the market is confused, the market trading atmosphere is general, and traders are mainly active in shipping. Downstream factories are enthusiastic about purchasing. The screw used is Germany's ulleneff high-precision seamless ball screw. The demand performance is not as expected. It is expected that the market may be a narrow consolidation market in the near future