[Color = #333333] [B] Content Abstract: Overnight oil prices close up. Yesterday, liansu linear futures continued to close high to support the spot market. The domestic petrochemical price was strong, but the market was under pressure from demand, and the stability was limited. Close to the weekend, the PE market is still on the sidelines today, focusing on the futures market and demand follow-up. [/B] [/color] [color = #333333] [B] macroeconomic: [/B] [/color] [color = #333333] 1. The U. S. 28.0 philadus Fed Manufacturing Index was 19.7, a new high since January 1, with an expected value of 23.9 and the previous value. The employment index is 9.1, and the former value is 12.2. The new order index is 14.7, and the previous value is 34.2. The price payment index is 24.9, and the former value is 34.7. In August, the initial PMI value for the Markit manufacturing industry in the United States was 58, a new high in April 2010, with an expected value of 55.7 and the previous value of 55.8. In July, the total number of home sales in the United States was 5.15 million, a new high in 10 months. It is expected that the number of home sales is 5.02 million, and the previous value was changed from 5.04 million to 5.03 million. In July, the monthly rate of home sales in the United States increased by 2.4%, with an expected value of-0.5% and the previous value of + 2.6%. [/Color] [color = #333333] 2. The number of people applying for unemployment benefits for the first time in the U.S. week of June August 16 is 0.298 million, and the expected number is 0.303 million. The previous value is changed from 0.311 million to 0.312 million. In the US, August 9, the number of jobless claims continued for the Week was 2.5 million, the lowest in June 2007. The expected number is 2.52 million. The previous value was changed from 2.544 million to 2.549 million. In August 16, the first jobless claims application for the week averaged 0.30075 million people around the week, and the previous value was 0.29575 million. [/Color] [color = #333333] 3. The American Petroleum Association (API) reported that the US oil demand in July this year was a four-year high. [/Color] [color = #333333] crude oil: the US crude oil futures price rose by 0.55% on October, at $93.96/barrel. Brent crude oil closed at $102.63/barrel, up $0.35, or 0.34%. [/Color] [color = #333333] [B] USD market: [/B] [/color] [color = #333333] Asian naphtha in August 21: singapore fell 1 to 97.47 USD/bucket, and Japan fell 9 to 97.51 USD/ton. [/Color] [color = #333333] ethylene in Asia: CFR fell 10 in Northeast Asia to US $1529-1531/ton in August 21. Southeast Asia rose 5 to US $1494-1496/ton. [/Color] [color = #333333] CFR Far East PE in August 21: LLDPE stabilized at $1569-1571/ton, LDPE stabilized at $1599-1601/ton, and HDPE membrane stabilized at $1594-1596/ton. [/Color] [color = #333333] [B] Today's prediction: [/B] [/color] [color = #333333] A number of US economic data shows the US economic recovery, in addition, crude oil demand hit a new high during the same period, and overnight oil prices closed up. Yesterday, liansu linear futures continued to close high to support the spot market. The domestic petrochemical price was strong, but the market was under pressure from demand, and the stability was limited. In the next ten days, some of the petrochemical companies will be overhauled, and the prices of the petrochemical companies will be adjusted or steadily increased. The supply will be well supported, and the PE market may be shaken up in the short term. Based on the forecast over the weekend, the PE Market today may remain stable, focusing on the futures market and demand follow-up. [/Color]
early acceptance of PE Plastics in August 22
