- Market sources informed SSESSMENTS.COM that as of Monday morning, the inventory level of major Chinese polyolefins producers stood at 840,000 tons. The inventory increased by 100,000 tons over the weekend.
- A local trader shared the company’s price list to SSESSMENTS.COM. Compared to the price list issued last Friday, local offers for HDPE Film, LDPE Film and LLDPE Film C4 from the trader were unchanged.
| Product | Price (USD) | Terms | Changes From Previous Trading Day (USD) |
|---|
| Brent | 42.3 | August Settlement | 2.31 |
| NYMEX | 39.55 | July Settlement | 2.14 |
| Naphtha | 355 | CFR Japan | 18 |
| Ethylene | 708-714 | CFR NEA | No Changes |
| Ethylene | 677-685 | CFR SEA | No Changes |
| Propylene | 773-779 | CFR China | No Changes |
| Propylene | 733-739 | FOB Korea | No Changes |
Futures Price on Dalian Commodity Exchange (DCE)
| Dalian Futures September 2020 | Today’s Open (CNY/ton) | Previous Trading Day’s Settlement (CNY/ton) | Today’s Settlement (CNY/ton) |
|---|
| LLDPE | 6,660 | 6,615 | 6,625 |
HDPE Film, on cash, EXW China basis, including 13% VAT
| Origin | Previous Trading Day’s Range (CNY/ton) | Today’s Range (CNY/ton) |
|---|
| China | 7,400-7,600 | 7,400-7,600 |
LDPE Film, on cash, EXW China basis, including 13% VAT
| Origin | Previous Trading Day’s Range (CNY/ton) | Today’s Range (CNY/ton) |
|---|
| China | 7,500-7,900 | 7,500-7,900 |
LLDPE Film C4, on cash, EXW China basis, including 13% VAT
| Origin | Previous Trading Day’s Range (CNY/ton) | Today’s Range (CNY/ton) |
|---|
| China | 6,750-7,000 | 6,750-7,000 |
Import on LC at sight, CIF China main port basis
| Origin | Product | Previous Trading Day’s Range (USD/ton) | Today’s Range (USD/ton) |
|---|
| Middle East | HDPE Film | 790-810 | 820-830 |
| Southeast Asia | HDPE Film | 860 | 860 |
| Middle East | LDPE Film | 855 | 850-860 |
| Middle East | LLDPE Film C4 | 740-770 | 750-760 |
| Southeast Asia | LLDPE Film C4 | 835 | 835 |
Tags: Asia Pacific,China,Daily,English,NEA,PE
Published on June 8, 2020 2:43 PM (GMT+8)
Last Updated on June 8, 2020 3:25 PM (GMT+8)
