Lack of obvious benefits PE spot may still be downward in the short term

During the week, the ex-factory price of petrochemical enterprises first rose and then fell, mainly raised in the early part of the week, and the price fell on the weekend, and the cost support was general
.
Liansu futures fell more than they rose during the week, bringing a certain negative
to the spot market.
At present, the terminal mostly maintains a rigid need to enter the market, and the overall transaction atmosphere of the market is not good
.
Merchants' offers follow the market, followed the upward adjustment at the beginning of the week, loosened the quotations on the weekend, and the real price focused on a single talk
.

Last week, Liansu futures fell as a whole, which brought certain bearishness
to the spot market.
On October 15, polyethylene futures 2201 opened at 9555, the highest price was 9685, the lowest price was 9370, the closing price was 9600, the previous settlement price was 9520, the settlement price was 9485, up 80, or 0.
84%, the trading volume was 588538, the position was 310945, and the daily increase was -505
.
(Quotation: yuan/ton)

At present, the market trading atmosphere is not good, the overall trend of the three major varieties of PE spot is sluggish, the ex-factory price of petrochemical enterprises on the 15th is mostly stable, and there is still a decline in some regions, and the downstream mentality is cautious and more maintenance of on-demand replenishment
.
Merchant quotations follow the market, and the real market focuses on a single talk
.
In the future, the polyethylene market lacks obvious benefits, and it is expected that the PE spot market may still decline in the short term
.