Evaluation and analysis of the hottest polyethylen

Evaluation and analysis of polyethylene market in Asia Pacific region

this week, the seller will increase the price of January shipments by US dollars/ton. Traders are still eager to build Ningbo new material technology city at a high level and hope to obtain inventory, but end users and distributors remain calm. Despite the lack of desire to buy, the seller is confident that prices will rise in the coming weeks

the intensification of the situation in the Middle East and the price of crude oil/naphtha have stimulated speculative trading. Traders continued to obtain shipments available in January, pushing the price of HDPE film grade shipments up to $580 CFR. Taiwan sellers pushed up prices in Southeast Asia by $per ton. However, a few buyers set the price above $600 CFR. Chinese end users avoided the recent price rise and preferred to wait for the market to subside. According to the observation of some market participants, it is controversial whether the price will rise again in January. Some vendors believe that once the resin price reaches the price level of $600 CFR Asia, it will be difficult for distributors to make ends meet. Since most distributors have reached sales contracts for downstream products, sellers believe that it will be difficult for some distributors to suppress lower costs

it is said that China's demand is stable and strong. Distributors still need January shipments, and LLDPE inquiry broke the record of asking whether the price rose. South Korean and Taiwan sellers kept a low profile, and the quotations announced this week were limited. Demand in Southeast Asia is silent due to the unclear price trend. Buyers turn to buy ships, and prices are expected to continue to rise around next month

ldpe: the quotation for the delivery of cargo in China rose to 650 US dollars, which is the historical certainty CFR China main port (CMP). The available shipments in South Korea and Taiwan were limited, and then the quotation of about US $600 CFR level in Malaysia also disappeared. Compared with LLDPE and HDPE, LDPE demand is relatively low, but vendors are eager to raise prices to keep in line with the expected rise in raw material costs. It is said that the Malaysian factory with an annual output of 255000 tons successfully restarted this week, and the manufacturer is dealing with the long backlog of orders, but it is unable to determine the latest quotation. Singapore announced the high price of US $670 CFR Asian exports in January. The price of shipping goods available in the Middle East is $650 CFR, but the inventory is limited. It is said that the quotations of Thailand and Taiwan for various film class cargoes increased by US $30/ton to US $650/ton C rather than the price level of FR of the panel itself. It is said that there is no buyer at this price level