On January 15, 2021, the PE market price went up and down, up and down 50 yuan/ton. It is expected that the domestic PE market will fluctuate within a narrow range next week. Negotiations in the domestic BOPET market intensified on January 15, 150 yuan/ton lower than the previous trading day, 1,000 yuan/ton lower than the same period last month, and 1,650 yuan/ton higher than the same period last year. It is expected that the focus of BOPET market discussions will shift in the near future , Delivery-oriented.
On January 15, 2021, the PE market price rose and fell mixed, the linear and high-pressure parts in North China went up and down by 50 yuan/ton, the low-pressure membrane material and hollow parts fell by 50 yuan/ton; the linear part in East China went up by 50 yuan/ton , The high-pressure part rose and fell 50-100 yuan/ton, the low-pressure hollow, injection molding, wire drawing and membrane material parts fell 50 yuan/ton; the linear part of South China fell 50 yuan/ton, the low-pressure hollow and membrane material parts rose and fell 50 yuan/ Ton, the injection part rose by RMB 50/ton. Linear futures opened higher and fluctuated down. Most petrochemical prices remained stable, and some rose and fell slightly. Some traders tried to offer small increases for some sources. Terminal factories had poor intentions to receive the goods, and firm offers focused on negotiations. The mainstream price of domestic LLDPE is 7550-7900 yuan/ton.
Forecast: The current petrochemical inventory pressure is not great. Linear futures opened higher and fluctuated on January 15th. The market trading atmosphere was light. Some petrochemicals lowered their ex-factory prices. Most of them were stable. Traders offered to ship with the market. Downstream factories performed generally. The wait-and-see sentiment in the market outlook remains unabated, focusing on on-demand procurement. Zhuochuang predicts that the domestic PE market will fluctuate within a narrow range next week, and the mainstream price of LLDPE is expected to be 7550-7900 yuan/ton.
On January 15, 2021, the domestic BOPET market talks will intensify, and the 12μ direct-melting method ordinary film in East China will be offered at 13010-13610 yuan/ton. The estimated negotiation refers to 12510-13010 yuan/ton, which is 150 yuan lower than the previous trading day. Per ton, 1,000 yuan/ton lower than the same period last month and 1,650 yuan/ton higher than the same period last year. The price of general thickness is chaotic. The general thickness of 20μ or more is 10300-11000 yuan/ton, and the quantity can be discussed; the 12μ spot in the retail market contains Tax 12500-14000 yuan/ton, excluding value-added tax, 12500-13500 yuan/ton, individual sources are low; 6μ ordinary film finishing in North China, estimated to negotiate around 19,000 yuan/ton; release base material reported near 13,000 yuan/ton ; New orders are weak.
Forecast: BOPET film manufacturers have more room for discussion, and prices vary from one manufacturer to another. With the delivery of the previous futures source, the downstream will have low willingness to continue to take goods; however, some film factories have a willingness to accept orders before the holiday, and the atmosphere of market negotiation will increase, and some low-price deals will be slightly lower. Heard. In terms of raw materials, oil prices fluctuated and fell back in the intraday session. The polyester dual raw material PTA and ethylene glycol futures were adjusted after rising. The raw material chips traded at a high level and the cost was still supported by the BOPET market. The range of polyester raw materials has been adjusted, the supply of film factories has increased, and the downstream demand is weak. Zhuo Chuang predicts that the focus of BOPET market negotiations will move down in the near future and delivery will be the focus.