PE Daily Review: The market is stable and small trading atmosphere is not good

2019年04月18日13:53 来源：无

Today, the price of PE market in China is mostly sorted out, with only a few slightly rising or falling. In North China, some linear loosening is 50 yuan/ton; in East China, some linear loosening is 30 yuan/ton; in low pressure, some membrane materials are slightly higher than 50-100 yuan/ton; in South China, some linear loosening is 50 yuan/ton; and in low pressure, some hollow loosening is 50 yuan/ton. Linear futures slightly increased in the low opening, but the market is not enthusiastic about trading, light trading, merchants follow the market delivery. Downstream demand enthusiasm is not high, on-demand procurement is the majority. Today, the mainstream price of LLDPE in China is 8600-8800 yuan/ton.

Today's Petrochemical early warehouse has reached 940,000 tons, which is still at a high level compared with yesterday's small increase. But today's linear futures market has experienced a slight low start shock. The temporary stabilization of the mindset of the operators and the increase of some petrochemical ex-factory prices have given some support to the raw material prices in the local market. On the demand side, downstream factories are increasingly conflicting with high-priced raw materials, insisting that they just need to replenish their warehouses in an appropriate amount, which makes the overall trading atmosphere of the market poor. Zhuo Chuang predicts that the domestic PE market will be shaken slightly tomorrow, while the high price is expected to fall, and the mainstream price of LLDPE will be between 8600 and 8750 yuan/ton.

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