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In September, Liansu futures rose in shock, bringing a phased benefit
to the spot market.
On September 30, polyethylene futures 2201 opened at 9435, the highest price was 9975, the lowest price was 9300, the closing price was 9910, the previous settlement price was 9385, the settlement price was 9570, up 525, or 5.
59%, the trading volume was 523681, the position was 322940, and the daily increase was 6162
.
(Quotation: yuan/ton)
The Liansu futures market fluctuated and rose, bringing certain positive support
to the spot market.
In addition, affected by the "dual control" policy, some coal chemical companies have expected load reduction, and the news has boosted the market's bullish sentiment
.
However, the overall trading atmosphere in the market during the month was average, and although it was currently in the peak demand season, the demand was not as expected
.
The merchant mentality is general, and the spot market price is mainly
rising.
Petrochemical companies continued to raise prices in early October
.
In September, the overall polyethylene spot market was mainly raised, dominated by favorable factors during the month, and the three major varieties of polyethylene all rose to varying degrees, among which LDPE in East China rose the most, occupying the third place
in the rubber and plastic list in September.
During the month, the ex-factory price of petrochemicals increased one after another, with a significant increase and strong cost support
.
Overall, the current futures market has been raised, petrochemical companies as a whole new price at the beginning of the month of the month increased, in addition, the current demand season, after the November holiday downstream storage into the market replenishment demand, the future market, polyethylene market positive factors still exist, it is expected that the PE spot market in October is still
higher.
