test


Member ID:
Password: 
Stay logged in for 30 days
Forget Your Password?
close

login CCFGroup App

Live News | Time:Apr 21 2017 11:32AM
PE sentiment improves on modestly rebounded futures
 
Text size
East China market is in consolidation. Part of ex-works offers drop, as LLDPE futures rebound up in the morning. Market trading sentiment warms finally. Traders offer for LLDPE at 8,950-9,250yuan/mt (with anti-blocking agent above 9,350yuan/mt), LDPE at 10,400-10,700yuan/mt, HDPE film-grade and coal-based medium-MFR injection-grade at 9,650-9,750yuan/mt and 9,800-10,000yuan/mt, Yangtze raffia 5000S at 10,700yuan/mt, Jilin pipe 100S at 10,600yuan/mt, by cash, delivered in E. China.
Sinopec East cuts offers for LLDPE and LDPE down by 150yuan/mt and 200-300yuan/mt, by cash, ex-works.
PetroChina East cuts offers for LLDPE and LDPE down by 150yuan/mt and 300yuan/mt, by cash, ex-works.

North China market sentiment improves on futures performance, but trading focuses on rigid demand still. Traders offer for LLDPE at 8,850-9,050yuan/mt, LDPE at 10,300-10,600yuan/mt, and HDPE (raffia 5000S, blow-molding 5502 and injection 7260) at 10,700yuan/mt, 9,600yuan/mt, and 9,850yuan/mt, by cash, delivered in N. China.

South China market is in small correction. Prices are temporarily steady. Traders’ mentality is mediocre. Not many buyers enter. Most traders offer for LLDPE at 9,250-9,400yuan/mt, LDPE at 10,450-10,550yuan/mt, and HDPE (Maoming blowmolding 5502LW, TP144 and 5000S) at 9,550yuan/mt, 9,600yuan/mt, and 10,600yuan/mt, by cash, delivered in S. China.
PetroChina South cuts offers for LDPE down by 200yuan/mt, by cash, ex-works.

$1=CNY 6.90

Related Articles
PE market daily (Apr 25, 2017)
DCE LLDPE futures for Sep closes 0.35% lower
PE market remains weak with dull trading sentiment
PE market daily (Apr 24, 2017)
DCE LLDPE futures for Sep closes 2.04% lower
PE market turns weak with price decreasing
PE market weekly (Apr 17-21, 2017)
DCE LLDPE futures for Sep closes 0.06% lower
DCE LLDPE futures for Sep opens 95 higher
PE market daily (Apr 20, 2017)
 
Research
Polyester industrial chain pattern and change
Analysis of changes on China's MEG market structure
Will Indian cotton yarn price dip?
Changes in China's MEG inventory structure in 2016
Analysis on improved polyester end-user market demand in ...
Analysis on the surging nylon market in the fourth quarter ...
 
 

浙公网安备 33010902000742号