Plastics have gained in July 6. There are still upside 81%

by:Lisson     2020-11-10
Even the model 1401 contract for the third straight weekly gain, closed on Friday at 10660 yuan/ton, have gained 6 July. 81%. Downstream now in the consumption of season, in the domestic economic recovery weak

background, the short-term model will remain volatile. Late in the domestic petrochemical production factors such as high valuation, crude oil, the plastic will further upward.

maintain tight supply situation demand off-season, petrochemical production maintains its valuation strategy. Fushun petrochemical driving device is postponed to August 1, 450000, shenhua baotou 300000 tons of unit weight

and after the production of HDPE. Daqing petrochemical old linear still parking. It is estimated that linear device operating at about 79 in July. 6 month-on-month increase 14%, more than 3. 96%. Overall, July

device maintenance after restart the new production is not big. Linear inventory stock aspect, each link is not high. From the area, the north inventories to a slight increase last month, the southern inventory following the

to continue to reduce. Linear inventory as a whole is low, short-term market supply remains tight.

the downstream demand slow recovery in early July in north China agricultural boot manufacturers have increased, but compared to the orders of slightly. Due to the high raw material prices, the downstream large dealers view

hope mood is thicker, no reserves, according to the purchasing order as the core more. Polluting plastics factory orders fell, this time delay and extend the production cycle. Raw material inventory, the north China

area increased, but the majority of manufacturers did not appear like usual reserve part of the phenomenon of raw materials, the overall is still in the low state. Later as the agricultural requirements gradually improve

, downstream of the raw material inventory or support even plastic market.

crude oil continued upward support even the price of plastic as the driving season season starts, record oil prices continue upward. Although the average daily demand is relatively high gasoline has

drop, but the crude oil inventories to reduce oil is overwhelmingly positive. Even the plastic and the ratio of WTI recently fell to 100 & ndash; The level of 102, the ratio is low in a year.

based on conduction effect of crude oil on the plastic, is expected to support the ratio up to repair the power even stronger.

the place on put together is narrated, keeps the plastic line long train of thought, investors can meet the callback accumulating more single, stop 10260.
Custom message
Chat Online
Chat Online
Leave Your Message inputting...
Dear friend, thank you for your message. Could you please offer us your email? We will answer your questions as soon as possible. Thank you! ^_^