Plastic morning post: ethylene successively the collapse of the plastic and the weak pattern
Plastic morning post: ethylene successively the collapse of the plastic and the weak pattern
1. Factory price of petrochemical plant: 7042 sinopec north China 10400 (0), sinopec 10400 (0), sinopec (maoming) 11000 (0), sinopec huazhong 10400 (0); Middle oil north China 10400 (0), China oil south China 10400 (0), middle oil east China 10300 (-100), medium oil northeast 10800 (0);
2. Spot market tax price: 7042 LLDPE (yangzi petrochemical) 11000(0) yuan/ton; Shanghai area 11000(0) yuan/ton; Qilu chemical city offers 10800(0) yuan/ton; Shantou area 11000(0) yuan/ton.
3.L1309 current price difference (in accordance with sinopec's factory prices) east China -725(-115) yuan/ton, south China region -850(-115) yuan/ton, north China -725(-115) yuan/ton.
On April 18, LLDPE (butylene) China landed a tax price of RMB 10,928 yuan/ton, higher than the domestic manufacturer of 528 yuan/ton (according to sinopec huabei factory price).
5. Brent crude oil futures fell for the sixth day in a row and the market was oversold, with a technical rebound in U.S. and European crude futures on Thursday. U.S. jobless claims rose and the economy's leading indicators fell, holding back the rise in oil prices. On Thursday (April 18), west Texas light oil futures settled at $87.73 a barrel in May 2013, up $1.05 from the previous session and trading range of $85.61 - $88.47. Brent crude for the London exchange traded at $99.13 a barrel in June 2013, up $1.44 from the previous session and trading range at $96.75 - $99.75.
6. Northeast Asia CFR ethylene closed 1199 usd/ton (-31), and the CFR market of southeast Asia closed at $1204 / ton (-26). Singapore naphtha (fob) $89.24 / pail at 7816 yuan/ton, Japan (cif) $816.76 / ton and 7700 yuan/ton.
7. The number of LLDPE warehouse orders registered by the company is 610.
Small knot: even the main force L1309 of L1309 was lower than 9600, the intraday concussion rose, the whole day fell 145 yuan/ton, the decline 1.48%, the day substantially increased the 32,576 hands, turnover more than 1.03 million hands. On the spot side, the main oil sector of the oil sector has lowered the factory price, and the market price continues to go down. The merchants are optimistic in the later stage, and the delivery of the goods is mainly due to the weak demand in the downstream period. The panic has eased in the early days of the commodity market. On the surface of the disk, the plastic-plastic showed a technical rebound, but the overall downward pattern was not broken. The early period was either held or partially filled, and the intermediate target was 9065.
