Beijing Plastic Company may continue to adjust in

2022-06-13
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Beijing mid-term: even plastics may continue to adjust

6, which is a problem that can be solved. On January 13, even the trend of plastic futures fluctuated. The main contract l0809 opened low at 15520 in the morning, with an intraday rise of 15815 points and a minimum of 15355 points, and a final decline of 175 points to 15675 points. Intraday trading was still active, with 127446 transactions and 2214 positions reduced to 15546. A total of 127466 transactions and 15620 positions were held in each contract

in the spot market, the spot market of China plastics polyethylene made a high correction. Due to the lack of downstream demand, the transaction continued to be light, and it was difficult for traders to ship. Although there were not many sources of goods in the market, they did not dare to hype too much, and the specific operation was relatively rational. At present, the mainstream price in the LLDPE market is RMB per ton, of which the transaction in North China LLDPE market was blocked, the quotation fell, the downstream demand was relatively flat, and traders actively shipped, The price of polyethylene market in East China continues to decline, the market transaction is light, and traders actively sell the goods with safety protection measures. The price of polyethylene market in South China is basically stable, with a small decline. Traders actively store goods in the early stage

in the warehouse receipt market, the LLDPE warehouse receipt in the China Plastics warehouse receipt market continued its decline yesterday. The main warehouse receipt ll0808 opened at the near limit position of 15430 points. The lowest point in the session was 15427 points at the limit position. The limit was closed in the middle market and reported at 15427 points. Under the psychological influence of traders who bought up but did not buy down, the market was still depressed, with only 8 transactions and 504 positions; The LLDPE warehouse receipt of treasure island warehouse receipt market opened low and went low, and the whole line weakened. The main warehouse receipt ll0808 opened at 15450 points, and then the warehouse receipt price fluctuated downward, with a minimum of 15078 points, which was between range shocks. The end of the market fell 342 points to 15200 points, with 616 transactions and 799 positions

in the upstream market, stimulated by the double factors of higher gasoline prices and Nigeria's geopolitical crisis, crude oil futures closed higher on Thursday. The settlement price of July light and low sulfur crude oil futures contract on the New York Mercantile Exchange rose 36 cents to US $136.74 per barrel, and the settlement price of July Brent crude oil futures contract on the London Intercontinental Exchange rose US $1.07 to US $136.09 per barrel. In terms of ethylene, Asian ethylene closed steadily, CFR Northeast Asia reported US dollars/ton, CFR Southeast Asia reported US dollars/ton

the international oil price fluctuated at a high level, and the LLDPE spot market adjusted at a high level. Although the spot resources are still tight, the high transaction is still light. At present, the fundamentals have not changed. Comprehensively, in recent days, even plastics may continue to adjust the trend and pay close attention to the dynamics of the crude oil market

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