Even plastic narrow finishing It is recommended to wait and see for the time being

News: Most of the agricultural film enterprises are in a state of shutdown, a very small number of mulch film enterprises maintain a certain production, a small number of large-scale enterprises are applying to the government for approval, including North China, a small number of mulch film enterprises are turned on, and the operating rate is about
20%.
Packaging film enterprises have basically not resumed work, and individual enterprises in South China have resumed production and started at a low level
.
In terms of pipe factories: the conditions for enterprises to declare and resume work are harsh, and the conditions of government in different regions are different, and it is difficult to pass the declaration
.
At present, it is known that Shandong Donghong Pipe Industry has started construction, the operating rate is about 15%, Cangzhou Pearl Pipe Industry and Zhejiang Zhongcai Management Industry plan to resume work today, but it still needs to be arranged according to the local government notice, and it is difficult for enterprises to control
themselves.

Two barrels of polyolefin oil stocks on Feb.
11 were 1.
48 million tons, up 30,000 tons from the previous day and 400,000 tons
from the same period last year.

Spot market: The domestic polyethylene market price is lower
.
Most of the opening prices of sales companies have been lowered, merchants are pessimistic, under-reporting transactions, and the focus of real markets continues to shift
.
As of the noon close, the North China market fell 50-200 yuan / ton; East China is 50-150 yuan / ton, and South China is 50-100 yuan / ton
.

Warehouse receipt inventory: exchange warehouse receipts reported 2530 lots, intraday - 92 lots
.
Main position: the top 20 long positions in the main contract are 172901 lots, -460 lots, short positions are 229816 lots, +2455 lots, net positions are -56915 lots, net short increases
.

Summary: The inventory of domestic polyethylene enterprises continued to rise significantly, petrochemical enterprises mainly reduced prices and promoted inventory, and spot prices fell
.
In the spot market, Shenhua Polyethylene's online auction transaction was light, indicating that downstream demand was sluggish, and traders and demanders had no willingness
to purchase.
On the demand side, affected by the sluggish demand, the resumption rate of downstream enterprises is not high, and it is expected that downstream demand will remain sluggish
this week.
The polyethylene market is still under high supply pressure
.
Operationally, it is recommended that investors wait and see for the time being
.