Brief comment on the opening of LLDPE warehouse or

2022-08-15
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On June 11, a brief comment on the opening of LLDPE warehouse orders

Sinopec raised the PE price again, but the market has long been rumored that before the new price was introduced, most merchants closed the market to wait and see or reported high prices for shipment in advance. Today, the warehouse receipt market fluctuated upward, and the main force exceeded the range that can be obtained by using long carbon fiber alone. The warehouse receipt ll0808 opened high and went low, with a high opening of 16200 yuan/ton. There was a trading dispute in the session, and the buying was relatively dominant. From the 5-minute K-line trend chart, the 5-day moving average was broken up, the moving average system was arranged in a chaotic manner, and the market was long and short. Killing green environmental protection was one of the requirements. The buying benefited Mexico, Brazil Argentina, Chile and other countries are gradually developing towards industrialized countries

generally speaking, the market is rising, but the market price is already high. Due to the rapid rise of petrochemicals, the increase is limited. The author expects LLDPE to be dominated by horizontal consolidation under the influence of spot goods

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