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Polyethylene: weekly drop of 1000 yuan / ton! Could it be worse?
- Categories:Industry information
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- Time of issue:2022-03-29 15:44
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(Summary description)Atthebeginningofthemonth,theriverandmountainsarebeautiful,andthespringbreezeandflowersarefragrant.Thereasonforthewideriseofpolyethylenepriceisduetothesharpriseofinternationalcrudeoil,whicharousedthousandsofwaves.Subsequently,monomer,externalmarket,futuresandpetrochemicalfolloweduponeafteranother,pushingthemarketatmospheretoaclimax.Inthemiddleofthemonth,thespringsleepswithoutrealizingthedawn,andeverywhereIhearthewail.Withtherapiddeclineofcrudeoilpriceandthecollapseofpolyethylenemarketwithoutstruggle,peopleinChina'splasticcitywereterrified.Asofthe16th,thehigherpricepointofShanghaiPetrochemicalq281fellby700yuan/ton,thehigherpricepointofDaqingPetrochemical7042fellby800yuan/ton,andthehigherpricepointofLanzhouPetrochemical5000Sfellby1000yuan/ton.However,excessiveworrycannotchangethestatusquo.Bothriseandfallhavecauseandeffect.Let'sstartfromtheupstreamandanalyzethemonebyone.
Polyethylene: weekly drop of 1000 yuan / ton! Could it be worse?
(Summary description)Atthebeginningofthemonth,theriverandmountainsarebeautiful,andthespringbreezeandflowersarefragrant.Thereasonforthewideriseofpolyethylenepriceisduetothesharpriseofinternationalcrudeoil,whicharousedthousandsofwaves.Subsequently,monomer,externalmarket,futuresandpetrochemicalfolloweduponeafteranother,pushingthemarketatmospheretoaclimax.Inthemiddleofthemonth,thespringsleepswithoutrealizingthedawn,andeverywhereIhearthewail.Withtherapiddeclineofcrudeoilpriceandthecollapseofpolyethylenemarketwithoutstruggle,peopleinChina'splasticcitywereterrified.Asofthe16th,thehigherpricepointofShanghaiPetrochemicalq281fellby700yuan/ton,thehigherpricepointofDaqingPetrochemical7042fellby800yuan/ton,andthehigherpricepointofLanzhouPetrochemical5000Sfellby1000yuan/ton.However,excessiveworrycannotchangethestatusquo.Bothriseandfallhavecauseandeffect.Let'sstartfromtheupstreamandanalyzethemonebyone.
- Categories:Industry information
- Time of issue:2022-03-29 15:44
- Views:
Information
At the beginning of the month, the river and mountains are beautiful, and the spring breeze and flowers are fragrant. The reason for the wide rise of polyethylene price is due to the sharp rise of international crude oil, which aroused thousands of waves. Subsequently, monomer, external market, futures and petrochemical followed up one after another, pushing the market atmosphere to a climax. In the middle of the month, the spring sleeps without realizing the dawn, and everywhere I hear the wail. With the rapid decline of crude oil price and the collapse of polyethylene market without struggle, people in China's plastic city were terrified. As of the 16th, the higher price point of Shanghai Petrochemical q281 fell by 700 yuan / ton, the higher price point of Daqing Petrochemical 7042 fell by 800 yuan / ton, and the higher price point of Lanzhou Petrochemical 5000S fell by 1000 yuan / ton. However, excessive worry can not change the status quo. Both rise and fall have cause and effect. Let's start from the upstream and analyze them one by one.
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