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Market review: As the Spring Festival returns to the market, the domestic PE market is generally weak and prices are partially do.
product name | brand | January 31 | February 15 | ups and downs |
LDPE | Shanghai Petrochemical Q281 | 10250 | 9900 | -350 |
LDPE | Daqing Petrochemical 2426H | 9400 | 9300 | -100 |
LLDPE | Zhenhai Refinery 7042 | 9250 | 9100 | -150 |
LLDPE | Shanghai SECCO LL0220KJ | 9400 | 9200 | -200 |
HDPE | Daqing Petrochemical 5000S | 10000 | 9700 | -300 |
HDPE | Fushun Petrochemical 2911 | 9500 | 9400 | -100 |
product name | brand | January 31 | February 15 | ups and downs |
LDPE | Shanghai Petrochemical Q281 | 10250 | 9900 | -350 |
LDPE | Daqing Petrochemical 2426H | 9400 | 9300 | -100 |
LLDPE | Zhenhai Refinery 7042 | 9250 | 9100 | -150 |
LLDPE | Shanghai SECCO LL0220KJ | 9400 | 9200 | -200 |
HDPE | Daqing Petrochemical 5000S | 10000 | 9700 | -300 |
HDPE | Fushun Petrochemical 2911 | 9500 | 9400 | -100 |
Price list of some PE grades in China Plastics City (unit: RMB/ton)
Market outlook forecast:
Upstream: International crude oil: OPEC and the.
Supply: After the holiday, petrochemical inventories and social inventories have increased significantly, and the pressure on spot circulation in the market has increased, and the accumulated inventory in various ports has increased by 5-10% compared with that before the holid.
Demand: Downstream factories have not fully resumed operati.
Futures: The trend of futures in the past two days has not been go.
To sum up, although the high inventory after the holiday and the increase in imports have plagued the domestic market, and the slow progress of the supply of goods has also suppressed the market sentiment, in the context of manufacturers going to the warehouse, the domestic market has weakened and prices have fallen, but according to the practice of previous yea.