Domestic PE and PP stock pressures are expected to ease

About PE, PP, LLDPE I believe that everyone is no stranger, Jiuzhi's Xiaobian collected some changes about their prices in recent months, I hope these data will help some companies.
According to the data, as of the end of last month, the total inventory of domestic PP and PE markets rebounded, up 2.90% from the end of April and 9.59% from the same period of the previous year. In terms of inventory structure, both PP and PE stocks rose. In May, PP stocks increased by 5.98% from the end of April, an increase of 18.20% over the same period of the previous year; PE stocks increased by 1.71% from the end of April and increased by 6.49% over the same period of the previous year. As the device enters the centralized maintenance period, PE and PP inventory pressure is expected to ease.
The ex-factory price of LLDPE is weak, and the ex-factory price is lowered by 200 yuan/ton in some regions. The low-priced goods are quoted at 9800-9900. Fujian United 7042 pricing reported 10200 yuan / ton, Guangzhou Petrochemical 7042 pricing reported 10300 yuan / ton, Maoming Petrochemical 7042 pricing reported 10250 yuan / ton, Qilu Petrochemical 7042 pricing reported 9800 yuan / ton, Yangzi Petrochemical 7042 price cut 200 yuan / ton 9850 yuan / ton, PetroChina East China 7042 pricing reported 9950 yuan / ton. The ex-factory price of PP has not changed much, but the price of individual regions has also been slightly reduced: Daqing Refining & Chemical T30S is quoted at 9,000 yuan/ton, Fujian United T30S is quoted at 9,200 yuan/ton, and Maoming Petrochemical T30S is quoted at 9,700 yuan/ton.
Since the plastics 1509 opened lower than 9300 on the 20th of last month, the price of the 09 contract has dropped to around 9,300 in 7 trading days, but it is difficult to continue to explore. The support of important support is significant, and even the ones want to be at 9300. ". Operational recommendations, short-term 9300 short is not impossible, but pay attention to the profit, plastic and PP is currently difficult to form a decent rebound, 9500-9550 is still considering shorting. Or simply give up a short chance and wait and see.
Dalian Commodity Exchange Plastics 1509 fell below 9300 in early trading, but rebounded in the intraday, returning to 9300 in the afternoon, rising 35 yuan / ton throughout the day, or 0.37%, to close at 9415 yuan / ton, turnover of 731,000 hands, holding 511,000 hands . After a small decline in the morning, PP1509 went up all the way, rising 46 yuan/ton, or 0.55%, to close at 8635 yuan/ton, with a turnover of 415,000 hands.
Jiuzhi Plastics Network


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