Brief introduction to the spot HDPE market of sino

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As of 10 a.m. on August 12, 2009, China plastic price index rose 2.44 points to 1026.14 points, and China plastic spot index fell 0.04 points. Users can revise the experimental report to 1047.92 points according to their requirements

I. upstream dynamics:

the settlement price of September light and low sulfur crude oil futures on the New York Mercantile Exchange fell $1.15 to $69.45 a barrel, down 1.6%, the lowest settlement price since July 31. The settlement price of Brent crude oil futures contract on ICE Futures Exchange fell $1.04, or 1.4%, to $72.46 a barrel

II. Manufacturer dynamics:

the overall inventory of HDPE in PetroChina East China is general, and now it is sold at a fixed price. Duzishan Petrochemical 6070 reported 10800 yuan/ton, Daqing Petrochemical 5000S reported 11100 yuan/ton, Lanzhou Petrochemical 5000S reported 11100 yuan/ton

PetroChina South China HDPE has less inventory and is now priced for sale. Fushun Petrochemical 2911 reported 10800 yuan/ton, and duzishan Petrochemical 6070 reported 10800 yuan/ton

Sinopec Sales South China branch continued to list HDPE for sale, with general inventory. Maoming Petrochemical 5502 reported 10700 yuan/ton, and Maoming Petrochemical 50100 reported 10700 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

Sinopec East China branch has general HDPE inventory, which is now sold at a fixed price. Yangzi Petrochemical reported 11000 yuan/ton for 5000S and 10700 yuan/ton for Shanghai Petrochemical mh602

III. local market conditions:

the listing of China Plastics spot mall this morning, HDPE prices rose and fell, ranging from yuan/ton

the PE market quotation in Yuyao remained stable, with light inquiries, more wait-and-see, few transactions, and still a small supply. Daqing Petrochemical 5000S reported 11400 yuan/ton, Qilu Petrochemical 6098 reported 11600 yuan/ton

the quotation of PE market in Beijing has been slightly adjusted, the downstream inquiry is OK, and there are not many transactions. At present, the mainstream price in the market is stable compared with yesterday's convenient operation day. Lanzhou Petrochemical 7042n reported 10950 yuan/ton

the PE market price in Hangzhou is stable, and the transaction is even worse than yesterday. Although the supply of goods is small, the buyer's interest in the rapid development of the automotive industry is weak, and the wait-and-see is obvious. Yangzi 5000S reported 11200 yuan/ton, Maoming 5502 reported 10550 yuan/ton

JEC released the overview of the composite market. The inquiry in Nanjing PE market is still light and the transaction is insufficient. HDPE maintains flat output, drawing price is 11000 yuan/ton, and hollow price is 10400 yuan/ton

the PE market in Guangzhou has been steadily sorted out. At present, the social inventory is high, and it is difficult to ship at the market price, but most merchants are unwilling to ship at a lower price. Report 11000 yuan/ton for 2911 and 11000 yuan/ton for 5000S

the price of Dongguan PE market is stable today, the inquiry is less than yesterday, the transaction is difficult, and the market is slightly tired. 9001 quoted 10700 yuan/ton

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