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ChemPriceHub Important Notice: Start-up of Yangzi Petrochemical's PE Unit Drives Price Increase
Published on 2026-01-14
On January 13, the operational status of Yangzi Petrochemical's PE units is as follows: the 200,000-ton full-density unit is preparing for startup; the 120,000-ton HDPE Line A is producing 5515TH; the 80,000-ton HDPE Line B is producing 5201T; and the 70,000-ton HDPE Line C is producing 5000S. Yangzi Petrochemical (East China Branch) quotes LLDPE 7042 at 6,700 yuan/ton, up 250 yuan/ton; HDPE 5000S is quoted at 6,900 yuan/ton, up 50 yuan/ton. PriceSeek analysis on LLDPE: Bull-Bear Score: 2. The article indicates that the spot price of LLDPE 7042 is quoted at 6,700 yuan/ton, up 250 yuan/ton, reflecting a significant increase. This suggests tight supply or a surge in demand, which constitutes a major positive factor for the spot market. Combined with polyethylene futures data, the main contract 2605 closed at 6,766 yuan/ton, up 64 yuan/ton. Changes in open interest indicate a strengthening bullish sentiment in the market, and it is expected that futures prices will continue to rise, benefiting the futures market. PriceSeek analysis on HDPE: Bull-Bear Score: 1.5. The article indicates that the spot price of HDPE 5000S is quoted at 6,900 yuan/ton, up 50 yuan/ton, suggesting improved demand, which forms a moderate positive factor for the spot market. Combined with polyethylene futures data, contracts such as 2604 closed at 6,739 yuan/ton, up 66 yuan/ton. Overall, futures prices are rising in tandem, supporting bullish expectations. However, the spot price increase is relatively smaller, indicating a moderately strong positive impact.