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News
PE Plastic: If you want is not easy
Asia: Europe, naphtha prices were quite crude oil prices and promoting today's rebound in Asian naphtha 24.75 U.S. dollars / ton to 601.50 U.S. dollars / ton. South Korea and Taiwan in anticipation of the recent end-user to the first half of August hunting could lift cargo, in August last / second half of the market premium is 4 from yesterday's USD / ton risen to 7.25 U.S. dollars today, a positive / ton. Most of the market's gains reflected in the cargo delivery in August, there are also some end-users that offer goods in July also reflected in the first half of the market rally.
Europe: European naphtha continue to rise today, up 7 U.S. dollars / ton to 570.50 U.S. dollars / ton CIF ARA range. Closing, a good supply of common specifications for naphtha. BP at 570 U.S. dollars / ton for a single delivery price of Japanese goods in July 4-8, Shell International Trading and Shipping Company in Victoria at 570 U.S. dollars / ton traded a single-July 15-19 Japanese goods, which fully demonstrates the spot market present premium structure. It is reported that Japan's July-September will be significantly reduced refinery capacity utilization device, the European naphtha traders begin to see the local prices. But market participants said the lack of access to high freight and cargo ships are still restrictions on the transportation arbitrage.
Asia: Europe, naphtha prices were quite crude oil prices and promoting today's rebound in Asian naphtha 24.75 U.S. dollars / ton to 601.50 U.S. dollars / ton. South Korea and Taiwan in anticipation of the recent end-user to the first half of August hunting could lift cargo, in August last / second half of the market premium is 4 from yesterday's USD / ton risen to 7.25 U.S. dollars today, a positive / ton. Most of the market's gains reflected in the cargo delivery in August, there are also some end-users that offer goods in July also reflected in the first half of the market rally.
Europe: European naphtha continue to rise today, up 7 U.S. dollars / ton to 570.50 U.S. dollars / ton CIF ARA range. Closing, a good supply of common specifications for naphtha. BP at 570 U.S. dollars / ton for a single delivery price of Japanese goods in July 4-8, Shell International Trading and Shipping Company in Victoria at 570 U.S. dollars / ton traded a single-July 15-19 Japanese goods, which fully demonstrates the spot market present premium structure. It is reported that Japan's July-September will be significantly reduced refinery capacity utilization device, the European naphtha traders begin to see the local prices. But market participants said the lack of access to high freight and cargo ships are still restrictions on the transportation arbitrage.
Asia: Europe, naphtha prices were quite crude oil prices and promoting today's rebound in Asian naphtha 24.75 U.S. dollars / ton to 601.50 U.S. dollars / ton. South Korea and Taiwan in anticipation of the recent end-user to the first half of August hunting could lift cargo, in August last / second half of the market premium is 4 from yesterday's USD / ton risen to 7.25 U.S. dollars today, a positive / ton. Most of the market's gains reflected in the cargo delivery in August, there are also some end-users that offer goods in July also reflected in the first half of the market rally.
Europe: European naphtha continue to rise today, up 7 U.S. dollars / ton to 570.50 U.S. dollars / ton CIF ARA range. Closing, a good supply of common specifications for naphtha. BP at 570 U.S. dollars / ton for a single delivery price of Japanese goods in July 4-8, Shell International Trading and Shipping Company in Victoria at 570 U.S. dollars / ton traded a single-July 15-19 Japanese goods, which fully demonstrates the spot market present premium structure. It is reported that Japan's July-September will be significantly reduced refinery capacity utilization device, the European naphtha traders begin to see the local prices. But market participants said the lack of access to high freight and cargo ships are still restrictions on the transportation arbitrage.
Affected by supply problems in South Korea, and Iran continued to begin the installation effects of ethylene rebounded Wednesday in Asia 10-15 U.S. dollars / ton. In addition, the day of naphtha prices fall before the end of a two-day rally to 600 U.S. dollars / ton CFR in Japan, also play a supportive role in the Asian ethylene Quotes. Yeocheon Naphtha Cracking Center 55 million tons of naphtha cracker this week on the 2nd day of June 27 began operating rate from 90% to 85%, caused by mechanical failure. Company plans to close its day, a cracker furnace, repair of a period of 5 days.
Li-chuan naphtha cracking center was closed as early as last Friday over No. 2 cracker, causing the company to reduce the amount of ethylene product out of a boat that is about 2,500 tons. This device is currently unable to determine the load shedding over five days whether it will further affect the running of their export volume of ethylene, but this news has been enough to increase the supply of the spot market tight situation. Under normal circumstances, 6-7 per month single-export cargo. Iran, because Iran's National Petrochemical Company steam cracker fault has not been eliminated, so the shipment of goods are still being delayed. Some cargo ships are waiting for shipment of ethylene.
Today, making the supply tight spot trading severely restricted, so no deal reached. The intention of a trade row that its sales in the 950 U.S. dollars / ton CFR Northeast Asia / Southeast Asia, but frankly currently no stock available. Due to end-user is more inclined to purchase price formula so it is therefore not a fixed delivery price quoting.
Third, ex-factory price dynamics
PetroChina: Stability
Sinopec: price stability
Other Petrochemical: Stability
4, petrochemical plant dynamics
Zhongyuan Ethylene linear device yesterday converting 9050K, today, already Fanghuo. Today, the normal shipping, inventory levels were somewhat higher.
Jilin Petrochemical LLDPE unit of production 7042, HDPE pipe material production plant GC100S, and plans to scheduling to the end of July.
Yangzi Petrochemical HDPE plant A-line production 5000S, B-line production of 5306J, C-line production of 4803T, LLDPE unit of production 7042.
Guangzhou Petrochemical LLDPE device failure due to a sudden stop, be expected to stop production until the end, it is learned that early in July before production may resume. |
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