Polyethylene or continuation range volatility low price mentality gradually strengthened

Spot market: The domestic PE market fell
narrowly on Thursday.
In terms of petrochemicals, the low-pressure wire drawing of CNPC in East China decreased by 50 yuan / ton, the high-pressure part of the film material decreased by 100-150 yuan / ton, the heavy coating material increased by 150 yuan / ton, the linear part decreased by 350-400 yuan / ton, the individual increased by 350 yuan / ton, the linear part of CNPC in Northeast China decreased by 100 yuan / ton, the high-pressure part of Sinopec in South China decreased by 200 yuan / ton, the low pressure individual wire drawing decreased by 100 yuan / ton, the high pressure of China Oil decreased by 100 yuan / ton, and the linear part of Sinopec in Central China decreased by 100 yuan / ton.
The low-pressure part dropped by 100 yuan / ton, the low-pressure medium oil in the northwest region rose by 100 yuan / ton, and the low-pressure medium oil in the southwest region was parachuted by 100 yuan / ton, and the rest was temporarily stable
.

Futures opened high and went low, closing higher at the end of the day, petrochemical prices were lowered, traders offered a narrow decline, and downstream just needed to buy
.
Up to now, the quotation of LLDPE in North China is 8580-8850 yuan / ton, the quotation of LLDPE in East China is 8500-9100 yuan / ton, and the quotation of LLDPE in South China is 8850-9150 yuan / ton
.
Foreign media reported that the Changci freighter that caused the blockage of the Suez Canal has been partially shallow, and the canal navigation is expected to resume, crude oil futures prices extended intraday declines to more than 2%, and WTI returned below
$60 per barrel.
The decline in crude oil may further bear the mentality of manufacturers, and the current low price of polyethylene is gradually strengthening, so the market stalemate and confrontation, it is expected that the domestic polyethylene market may continue to fluctuate
in the range tomorrow.