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    Home > Chemicals Industry > Rubber Plastic News > Analysis of PE price trend from a macro perspective

    Analysis of PE price trend from a macro perspective

    • Last Update: 2022-08-18
    • Source: Internet
    • Author: User
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    Macro analysis method is one of the methods of commodity price analys.


    The price data since the beginning of 2019 shows that PE futures and spot are highly correlated, rising and falling almost synchronous.


    Inventory cycle (please refer to another article for details: Active destocking has not yet ended PP, why dare to say the bottom), in October 2018, bulk commodities entered the stage of active destocki.


    Judging from the trend of PE futures price index and the inventory of finished products of industrial enterprises, the PE futures index formed a high point in June 2017, and the high point in 2018 was in July 201 PE price still leads the inventory, and the opening of the inventory cycle is to aggregate bulk In the cycle of commodities, PE products are also difficult to survive alone in the cycle, and eventually the volume and price of commodities fall togeth.


    PMI is a very important subsidiary indicator among the leading economic indicators, and it has a high degree of timeline.


    The PPI ex-factory price index for industrial products is an index that measures the trend and degree of change in the ex-factory prices of industrial produc.


    The above is just a simple analys.


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