Limited demand support, polyethylene spot price fell

According to the data monitoring of the Business News Agency, the domestic price of LLDPE (7042) was 8392 yuan/ton on January 2, and the average price on January 6 was 8204 yuan/ton, with a decline of 2.25% during the period, 2.48% lower than that on December 1.

 

Sulfamic acid 

According to the data monitoring of the Business News Agency, the average ex-factory price of LDPE (2426H) was 9100 yuan/ton on January 2 and 9100 yuan/ton on January 6. During the period, the quotation remained stable, down 2.50% from December 1.

 

According to the data monitoring of the Business News Agency, the average ex-factory price of HDPE (5000S) was 8466 yuan/ton on January 2 and 8433 yuan/ton on January 6, with a decrease of 0.39% during the period and an increase of 0.40% compared with December 1.

 

The spot price of polyethylene showed a weak decline trend this week. Among them, the prices of LLDPE and HDPE were reduced, and the prices of LDPE were slightly firm. The decline in the price of crude oil at the cost side depressed the domestic polyethylene market. The new capacity of polyethylene was put into operation, and the pressure on the supply side continued to increase. The terminal demand is poor. According to statistics, the average operating rate of polyethylene downstream products decreased by 0.43% compared with the previous period.

 

On January 6, the opening price of polyethylene futures 2305 was 8011, the highest price was 8053, the lowest price was 7980, the closing price was 8031, the previous settlement price was 8017, the settlement price was 8015, up 14, the trading volume was 256578, the position was 356019, and the daily increase was – 3836. (Quotation unit: yuan/ton)

 

The enterprise plans not to have many parking and maintenance devices, and the polyethylene supply is sufficient; As the Spring Festival approaches, downstream enterprises have holidays one after another, and demand support is insufficient. PE analysts of the business association predict that PE may be mainly operated in a weak way.

http://www.sulfamic-acid.com

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