Brief introduction to the spot HDPE market of Chin

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As of 10 a.m. on August 24, 2009, China plastic price index rose 4.14 points to 1011.91 points, and China plastic spot index rose 0.45 points to 1049.60 points

I. upstream developments:

the settlement price of October crude oil futures contract on the New York Mercantile Exchange (NYMEX) rose 98 cents to $73.89, or 1.3%. The September contract expires on Thursday, with a settlement price of $72.54. London Intercontinental Exchange (ice) October Brent crude oil futures contract settlement price rose 86 cents to $74.19 a barrel, or 1.2%

II. Manufacturer dynamics:

PetroChina South China HDPE has a small inventory and is now priced for sale. Lanzhou Petrochemical 60550 reported 10800 yuan/ton, and duzishan Petrochemical 6070 reported 10800 yuan/ton

Sinopec Sales North China branch has general HDPE inventory, and most of them are sold at fixed prices. Yanshan Petrochemical reported 11000 yuan/ton for 5000S and Qilu Petrochemical reported 10800 yuan/ton for 2480

the overall inventory of HDPE in CNPC East China is general, and now most of them are sold at fixed prices. Daqing Petrochemical 2200j reported 10800 yuan/ton, Lanzhou Petrochemical 5000S reported 11100 yuan/ton

Yangzi Petrochemical's HDPE inventory is general, and most of them are sold at fixed prices. Line a of the device produces 5000S, line B 5301b. It is planned to switch to 5000S on August 26, line C produces 4803t, and it is planned to switch to 5505t tomorrow. The inventory is general

Fushun Petrochemical has general HDPE inventory and is currently listed for sale. The unit produces 2911, and the ex factory price is 10600 yuan/ton. It is planned 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 PE new capacity

III. local market conditions:

the listing of China Plastics spot mall this morning, the quotation of HDPE category was mainly increased, the former was expensive between yuan/ton, and the other two brands were adjusted downward, falling by 50 yuan/ton and 100 yuan/ton respectively. Hdpe/5000s/Yangzi "Petrochemical reported 10950 yuan/ton, down 50 yuan/ton. Hdpe/5000s/South Korea Hunan reported 11300 yuan/ton, up 250 yuan/ton. Hdpe/5000s/Lanzhou Petrochemical reported 10880 yuan/ton, up 150 yuan/ton. Hdpe/hhmtr480fs/Shanghai Jinfei reported 10900 yuan/ton, down 100 yuan/ton

the PE market in Yuyao is stable, the transaction is still not improving, and the inquiry situation is general. For the time being, the wait-and-see situation is still obvious. Daqing Petrochemical reported 11000 yuan/ton for 5000S and Fushun Petrochemical reported 10800 yuan/ton for 2911

in addition to having high damping characteristics and reducing vibration and noise to make the ride comfortable, the quotation in Beijing PE market is stable compared with last Friday. The inquiry is OK, and the crude oil is stable above $74, which may be a good support for the market, but the demand problem will still hinder the market. Recently, there are many sources of goods in the market, and merchants have strong enthusiasm for shipping, with 5000S at 10600 yuan/ton

the market price of PE in Hangzhou is mainly stable, the transaction is flat, and the inquiry has not increased today. The market supply is still not large. The tensile test of traders: the tensile strength of three specimens shall not be lower than the specified tensile strength value of this grade of reinforcement; The tensile strength of the joint specimen of grade 3 reinforcement after waste heat treatment shall not be less than 570Mpa of the tensile strength of hot-rolled grade 3 reinforcement; At least two specimens are broken outside the weld, and the mentality is still poor. Yangzi 5000S reported 10850 yuan/ton, and Yangzi 5301b was out of stock

the PE market in Nanjing performed generally, and it was difficult to negotiate, and the quotation stabilized. Wire drawing is quoted at 10800 yuan/ton, injection molding supply is small, and the price is stable at 10850 yuan/ton

the inquiry in Shunde PE market has improved today, but most merchants are still cautious and still have high enthusiasm for shipment. Daqing 5000S reported 10500 yuan/ton, Maoming 8916 reported 10600 yuan/ton

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