Everbright Futures: Polyolefins Consolidate in Volatile Trading
On Monday, the mainstream price of raffia in East China was 7,020-7,180 yuan/ton. The profit margin for oil-based PP was -371.05 yuan/ton, for coal-based PP was 557.93 yuan/ton, for methanol-based PP was -742 yuan/ton, for propane dehydrogenation (PDH)-based PP was -293.54 yuan/ton, and for externally purchased propylene-based PP was 121 yuan/ton.
For PE, the price of HDPE film is 7,956 RMB/ton; the price of LDPE film is 9,513 RMB/ton; the price of LLDPE film is 7,411 RMB/ton. In terms of profit, the gross profit for oil-based polyethylene is -464 RMB/ton, while the gross profit for coal-based polyethylene is 970 RMB/ton.
Overall, both supply and demand will begin to recover in August, with inventories gradually shifting from the market to downstream sectors. There are no major fundamental contradictions, and as long as there is no significant increase in costs, the overall upward potential is limited.
【Copyright and Disclaimer】The above information is collected and organized by PlastMatch. The copyright belongs to the original author. This article is reprinted for the purpose of providing more information, and it does not imply that PlastMatch endorses the views expressed in the article or guarantees its accuracy. If there are any errors in the source attribution or if your legitimate rights have been infringed, please contact us, and we will promptly correct or remove the content. If other media, websites, or individuals use the aforementioned content, they must clearly indicate the original source and origin of the work and assume legal responsibility on their own.
Most Popular
-
Billion-Level Project Officially Launched! Building A Hexanediamine-Hexamethylenediamine-Nylon 66-High-End Nylon Industry Chain
-
Avantium FDCA Plant Moves Closer to Start-Up as Commercial Momentum Builds
-
Ineos inovyn proposes full acquisition of runcorn chlor-alkali operations
-
Price hike again! basf to raise north american caprolactam and nylon prices starting september
-
Thermoforming Industry Adopts Lightweight Solutions and Artificial Intelligence to Address Rising Costs
